Best Digital Health Companies
in 2024
As the healthcare landscape embraces the digital revolution, more and more practices are adopting digital health solutions to tackle the everyday challenges faced by providers. In this article, we have done a round-up of the trailblazing companies that are leading the charge in the realm of digital health.
What is Digital Health?
Digital health refers to the use of technology and communication devices to provide healthcare services and promote wellness. It includes technologies such as mobile health apps (mHealth), electronic health records (EHRs), telehealth, remote patient monitoring (RPM) programs and more. The main aim of digital health is to increase access to healthcare services, reduce healthcare costs and improve patient outcomes. With the help of digital health technologies providers can achieve greater accuracy in decision-making, improved clinical processes and enhanced efficiency.
Digital health technologies give patients the power to take care of their own health, facilitate providers in shared decision-making and engage more in their treatment.
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Quick Look at Top Digital Health Companies
Our list of the top digital health companies consists of the most outperforming digital health companies worldwide. These companies are not just transforming the way healthcare is delivered, but they are also fundamentally changing the way in which patients perceive, access and manage their health. From cutting-edge telehealth platforms that improve access to care to mobile health apps that empower people to take charge of their own health, these digital health companies are pushing boundaries and ushering in a new era of patient-centric care.
Disclaimer: With the great number of exciting digital health companies starting and growing all over the world, we might not have been able to cover them all. The companies mentioned in this list are not officially ranked or in any particular order.
Headway
Best for Mental Health Practices
Employees: 547 Revenue: $105.3M Founded In: April 2019
Overview
Headway is a digital health system created especially for mental health practices. It is a platform that connects patients with mental health professionals and therapists. On this platform, patients can book appointments, answer screening questions and provide insurance details for matching with psychiatrists and therapists. One amazing feature of Headway is that it also provides price estimates for its users.
NuvoAir
Best for Respiratory Conditions
Employees: 83 Revenue: $23.5 Million Founded In: September 2016
Overview
As stated on its website, NovuAir is a “virtual-first care” for people with chronic cardiopulmonary conditions like congestive heart failure, COPD, and asthma. They offer a platform that allows providers to offer services remotely. Its features include patient monitoring and telehealth which have promising results in lowering hospital readmissions, reduced healthcare costs and improved patient outcomes.
CareCloud
Best for Practices of all sizes
Employees: 4100 Revenue: $138.8 Million Founded In: 1999
Overview
CareCloud is a leading healthcare company that provides cloud-based proprietary solutions and services. Its list of comprehensive solutions includes remote patient monitoring (RPM), telehealth, electronic health records (EHR), practice management (PM) and more. With over 20 years of experience, CareCloud has been trusted by over 40,000 providers to provide digital health solutions to providers.
NextGen Healthcare
Best for Startups
Employees: 2800 Revenue: $596.4 Million Founded In: 1974
Overview
NextGen Healthcare is one of the most trusted providers of healthcare IT solutions. It provides cutting-edge solutions for practices like electronic health records (EHR), practice management (PM), revenue cycle management (RCM), medical billing and more. NextGen is known for its digital health solutions that improve access to care.
Athenahealth
Best for Reporting
Employees: 4668 Revenue: US $1.4 Billion Founded In: 1997
Overview
Athena Health is one of the largest providers of digital health solutions, trusted by around 115,000 healthcare providers. Its suite of solutions includes electronic health records (EHR), practice management (PM), Mobile health applications, and more.
Cerner
Best for Customization
Employees: 2800+ Revenue: US $5.8 Billion Founded In: 1979
Overview
Cerner is one of the largest healthcare technology providers providing a range of technological solutions. It is well-known for its robust electronic health records (EHR), but it also provides revenue cycle management and other solutions. Its digital health offering is available in many forms as it is available for acute care hospitals, outpatient clinics and nursing homes.
Change Healthcare
Best for Revenue Cycle
Employees: 14000 Revenue: US $3.49 Billion Founded In: 2016
Overview
With offices in more than 89 locations, Change Healthcare is an international organization that provides healthcare technology solution to practices of all sizes. Its digital health solutions have helped providers improve clinical tasks, increase revenue and reduce burdens.
FAQ’S about Largest Digital Health Companies
A digital healthcare company leverages technology to provide innovative solutions and services within the healthcare industry. They focus on integrating cutting-edge technologies, tools, software, hardware, data analytics and other tools to improve healthcare delivery, patient engagement, medical diagnostics, and treatment.
With the rapid increase in adoption of digital health technologies in healthcare, more and more companies are surfacing that offer digital health solutions. According to Golden, there are about 8337 digital health companies that offer healthcare technology solutions.
In 2024, the United States proudly boasts an impressive number of over 3,362 digital health startups. This thriving ecosystem is rapidly expanding. These innovative companies are shaping the future of healthcare, bringing cutting-edge solutions that promise to revolutionize how we approach health and wellness. The dynamic and vibrant landscape of digital health startups in the US is a testament to the country’s unwavering commitment to innovation.
Digital health is the use of technology to improve healthcare services. Ever since its inception, it has completely changed the way care is delivered. Some of its most prominent applications include telehealth, mobile health apps, electronic health records (EHR), wearables, remote patient monitoring (RPM) and more. Digital health technologies have improved access to care, reduced costs, improved practice operations and patient outcomes.
Digital health companies have revolutionized care delivery in healthcare with robust solutions and services. Some of the ways they help improve patient care are:
- Digital health platforms allow patients to access healthcare services from the comfort of their homes or any other place.
- They reduce healthcare costs by eliminating the need to travel for appointments.
- They reduce the burden on hospital resources with the help of virtual consultations.
- It improves patient engagements with features such as online scheduling.
- It improves patient-provider communication.
And more.
