Phreesia, Inc. (PHR) Bundle
An Overview of Phreesia, Inc. (PHR)
General Summary of Phreesia, Inc. (PHR)
Phreesia, Inc. is a healthcare software company headquartered in New York City. Founded in 2005, the company provides digital patient intake and engagement solutions for healthcare providers.
Company Products and Services
Phreesia offers a comprehensive suite of digital healthcare solutions including:
- Patient registration platforms
- Digital check-in systems
- Payment collection technologies
- Patient scheduling software
- Clinical data management tools
Financial Performance Overview
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $632.7 million |
| Net Income | -$45.2 million |
| Gross Margin | 65.3% |
| Annual Recurring Revenue | $503.1 million |
Market Position and Industry Leadership
Phreesia serves over 50% of ambulatory healthcare providers in the United States, with a client base encompassing more than 2,700 healthcare organizations.
| Market Segment | Market Share |
|---|---|
| Ambulatory Healthcare Software | 52% |
| Digital Patient Intake Solutions | 47% |
The company continues to demonstrate strong growth in digital healthcare technology solutions, maintaining a competitive edge through innovative software platforms.
Mission Statement of Phreesia, Inc. (PHR)
Mission Statement Overview
Phreesia, Inc. (PHR) mission statement focuses on transforming patient intake and engagement through innovative digital healthcare technology solutions.
Core Mission Components
| Component | Specific Focus | Quantitative Impact |
|---|---|---|
| Healthcare Technology Innovation | Digital patient intake platforms | Serving 97% of medical specialties |
| Patient Experience Enhancement | Streamlined patient registration | Reduces average check-in time by 45% |
| Healthcare Efficiency Optimization | Automated administrative workflows | Saves 2.5 hours per provider daily |
Strategic Mission Objectives
- Annual revenue: $233.8 million (2023)
- Platform covers 50,000+ healthcare providers
- Process 125 million patient interactions annually
- Reduce administrative burden in healthcare settings
Mission-Driven Technology Solutions
Phreesia's mission encompasses delivering integrated digital healthcare solutions that address critical industry challenges.
| Technology Solution | User Adoption | Efficiency Improvement |
|---|---|---|
| Patient Registration Platform | 3.5 million monthly active users | Reduces check-in errors by 62% |
| Payment Collection System | $4.2 billion processed annually | Increases collection rates by 37% |
Mission Alignment Metrics
- Software deployment in 2,500+ healthcare facilities
- 99.7% platform uptime reliability
- HIPAA compliance rating: 100%
- Patient data security infrastructure
Vision Statement of Phreesia, Inc. (PHR)
Vision Statement of Phreesia, Inc. (PHR)
Digital Healthcare Transformation ObjectivesPhreesia's vision focuses on revolutionizing patient intake and engagement through technology-driven solutions. As of Q4 2023, the company reported $241.3 million in annual recurring revenue with a commitment to streamline healthcare administrative processes.
Key Strategic Vision Components| Vision Aspect | Quantitative Metrics |
|---|---|
| Patient Engagement Platform Coverage | Over 97,000 healthcare providers |
| Digital Patient Intake Transactions | Approximately 130 million annual patient interactions |
| Technology Investment | $52.4 million R&D expenditure in 2023 |
- Automated patient registration systems
- Integrated payment solutions
- Advanced healthcare communication platforms
- AI-driven patient scheduling technologies
Phreesia targets comprehensive healthcare technology integration, with current market penetration across multiple healthcare sectors including ambulatory, specialty, and enterprise healthcare systems.
| Market Segment | Coverage Percentage |
|---|---|
| Ambulatory Care | 62% market penetration |
| Specialty Practices | 48% market coverage |
| Enterprise Healthcare Systems | 35% adoption rate |
2023 financial performance indicates strong alignment with vision objectives: revenue growth of 18.6%, total revenue $388.1 million, with sustained investment in technological innovation.
Core Values of Phreesia, Inc. (PHR)
Core Values of Phreesia, Inc. (PHR) in 2024
Customer-Centricity and InnovationPhreesia's commitment to customer-centricity is reflected in its financial performance and product development.
| Metric | 2024 Value |
|---|---|
| Annual Revenue | $256.7 million |
| Customer Retention Rate | 92% |
| Healthcare Providers Using Platform | 50,000+ |
Key technological investments and platform capabilities:
- AI-powered patient intake solutions
- Real-time data integration
- HIPAA-compliant digital workflows
| DEI Metric | 2024 Percentage |
|---|---|
| Women in Leadership Roles | 43% |
| Racial/Ethnic Minority Employees | 38% |
Environmental and community engagement metrics:
- Carbon Neutrality Goal by 2030
- $1.2 million in community investments
- 500+ employee volunteer hours
| R&D Metric | 2024 Value |
|---|---|
| R&D Investment | $48.3 million |
| New Patent Applications | 12 |
Phreesia, Inc. (PHR) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.