October 2026
Largest EHR & Practice Management Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Oracle, B-Soft Co., Phreesia, Veradigm and Heren Health.
 | Oracle is an American multinational technology company headquartered in Austin, Texas, having moved its head office from Redwood Shores, California, in December 2020. It was co-founded on June 16, 1977, in Santa Clara, California, by Larry Ellison, Bob Miner and Ed Oates as Software Development Laboratories, and took its name from its flagship Oracle Database. Oracle sells database software, enterprise applications including enterprise resource planning, human capital management, customer experience and supply chain software, Oracle Cloud Infrastructure and hardware to businesses and governments. It acquired Sun Microsystems and, in June 2022, Cerner for $28.3 billion, which now forms Oracle Health. In January 2025 Oracle joined OpenAI, SoftBank and MGX in the Stargate AI infrastructure venture, and in September 2025 it signed a $300 billion contract with OpenAI for 4.5 gigawatts of capacity over five years. For the quarter ended November 2025 it reported revenue of $14.1 billion, with cloud infrastructure revenue up 68% to $4.1 billion and remaining performance obligations of $130 billion. It employed 141,000 full-time staff in May 2026, and Clay Magouyrk and Mike Sicilia succeeded Safra Catz as co-CEOs, with Ellison as chairman and chief technology officer. | $145 | -45% | $439B | $563B | 8.4x | 17.2x | ||
 | B-Soft Co Ltd is engaged in providing software and information technology services for the healthcare industry. | $1 | -22% | $807M | $781M | 5.0x | (21.0x) | ||
| Phreesia Inc is a provider of comprehensive software solutions that improve the operational and financial performance of healthcare organizations by activating patients in their care to optimize patient health outcomes. Through its SaaS-based technology platform, it offers healthcare services clients a robust suite of integrated solutions that manage patient access, registration, payments, and clinical support. The Phreesia Platform encompasses a comprehensive range of technologies and services, including, initial patient contact, registration, automated answering services, appointment scheduling, payments, and post-appointment patient surveys. | $10 | -54% | $636M | $631M | 1.3x | 23.1x | ||
| Veradigm Inc is a healthcare technology company that drives value through its various combinations of platforms, data, expertise, connectivity, and scale. The company delivers a combination of point-of-care clinical and financial solutions. The Veradigm Network features a dynamic community of solutions and partners providing insights, technology, and data-driven solutions for the healthcare provider, payer, and Life Science markets. | $5 | +4% | $545M | $545M | 0.9x | 10.2x | ||
| Heren Health Co Ltd is an overall solution service provider focusing on research and development, sales, implementation integration and service support of medical information systems and digital scenario application systems. Its products includes electronic medical records, medical information integration platform, clinical data centers, clinical pathway system, integrated health care workstations and operation control system of medical institutions. | $2 | +10% | $542M | $480M | 7.4x | 42.4x | ||
| Goodwill E-Health Info Co Ltd is a computer software technology development company. The company's products and services include technology transfer, technical consulting, technical services, application software services, and wholesale electronic products. | $3 | -26% | $363M | $385M | 6.4x | (11.0x) | ||
 | Software Service Inc installs, develops and sells Electric Medical Record System, Hospital Total Ordering System, and nursing support system. The product line includes - Anesthesia recording system, Dialysis management system, Infection control system, Bacterial test system, Personnel payroll system, Visiting system for nursing, In-home medical care, Office-based care system, Hospital entrance care system, among others. | $74 | -17% | $335M | $238M | 0.9x | 4.0x | ||
 | Vitalhub Corp provides technology to Health and Human Service providers, including Hospitals, Regional Health Authorities, Mental Health, Long-Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow, Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically, it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom. | $5 | -34% | $328M | $234M | 3.1x | 22.8x | ||
| EM Systems Co Ltd is a Japan-based company. Along with its subsidiaries, the firm is engaged in the development, sales, and maintenance of computer software for medical business. It operates its business in three divisions Dispensing system business develops and sells systems for pharmacies. Medical system business develops and sells medical office processing computer system for medical institutions, mainly clinics, and provides supplementary supply and maintenance service. Other business division develops, sell and maintain maintenance service for medical care nursing collaboration solutions and systems for nursing care service providers. | $4 | -33% | $247M | $208M | 1.4x | 6.8x | ||
| Eucalia Inc is engaged in total medical management support, Operation of nursing care homes & Total support business for senior life, medical equipment business, etc. | $5 | -17% | $174M | $308M | 2.0x | 10.7x | ||
| CE Holdings Co Ltd is a Japan-based company engages in the development and sale of medical information systems focused on electronic medical record systems. It provides packaged software, medical information and accounting systems, electronic health record systems, and blood transfusion systems. | $10 | +58% | $172M | $147M | 1.5x | 8.2x | ||
 | Cegedim SA is a technology and services company offering digital flows of the healthcare ecosystem and B2B marketing, design of enterprise software for healthcare and insurance professionals. It is also engaged in human resources management and digitization. The company has two operating segments namely, Health insurance, HR and e-services; and Healthcare Professionals. Cegedim generates most of its revenue from France. The company's services include insurers solutions, promotional information, sales statistics of pharmaceutical products and digital promotion for healthcare companies. | $12 | -7% | $167M | $201M | 0.3x | 1.6x | ||
| Kanamic Network Co Ltd provides platforms and management systems for the health care industry. The firm develops software to support medical care and nursing care business management. It offers cloud services for construction of information sharing platform in the medical and nursing care field to local government staff, doctors, nurses, care managers; system integration and system solution business; Website production/management work; and planning, production, and sale of Web content and video, and various sales promotion tools. In addition, it offers management and system consulting services, and education and training services; and engages in planning and holding lectures, seminars, academic conferences. | $3 | 0% | $148M | $125M | 3.6x | 9.7x | ||
| Findex Inc is engaged in the operation of the system development business and health tech business. | $5 | +1% | $132M | $117M | 3.0x | 9.1x | ||
 | Alcidion Group Ltd is a provider of intelligent informatics software. It offers a fully integrated digital patient care platform that includes a clinical decision support (CDS) system, Electronic Patient Record (EPR), and Patient Administration System (PAS). Alcidion is engaged in the development and licensing of its own healthcare software products (Miya Precision and its associated modules, including Miya Observations, Flow, Task Management and PAS), the reselling of healthcare software products from its strategic partners, and the delivery of product implementation, product support and maintenance, systems integration and data analysis services to healthcare customers in the United Kingdom, Australia, and New Zealand. The company generates maximum revenue from the United Kingdom. | $0 | +14% | $94M | $80M | 2.8x | 18.5x | ||
 | ezCaretech Co Ltd is a medical IT company. It specializes in medical information business in domestic medium and large hospitals as well as exporting hospital information system to foreign countries. It offers medical IT solution that computerize all the processes of hospital work change to hospital that boasts outstanding medical services. | $5 | -1% | $75M | $72M | ||||
| SOFTMAX Co Ltd provides optimal solutions for customers based on their developed PlusUs series such as Web type electronic charts and medical accounting. It offers Web-type electronic medical record and ordering systems, health checkup systems, radiology department information systems, rehabilitation department systems, surgical department systems, hospital goods management systems, and nursing care management systems. Geographically it operates through the region of Japan. | $2 | -22% | $49M | $46M | ||||
| PharmX Technologies Ltd is an Australia-based software and technology company. The company has a single segment which is Health Services. In Health services, the company develops and distributes business software for the pharmacy industry with particular emphasis on point-of-sale and pharmaceutical dispensing software, support services, and associated computer hardware. It derives a majority of its revenue from the Health services business. | $0 | -30% | $45M | $45M | ||||
| BIT Computer Co Ltd operates in the health information services industry in South Korea. The company is engaged in the development of medical information systems. The business domain of the company includes medical information business division, digital health business division, public health business division, and education business division. | $3 | -9% | $44M | $26M | ||||
 | Vidavo SA develops mobile applications that help citizens on-the-move and medical professionals manage health and wellness. The company serves health and social care providers, policymakers, insurance companies, ICT firms seeking differentiation, patients, telecom operators, and other health-related stakeholders. Its solutions include vida24, vidatrack, and vidahome. | $12 | +85% | $12M | $11M | ||||
 | Media Lab SpA provides IT services for the dental sector. It is engaged in the development of software dedicated to the dental market. The company's products include Implant 3D, Guidedesign, Confident among others. | $3 | -42% | $6M | $6M | ||||
 | Aino Health AB provides corporate health management solutions. The company has developed a complete system of IT-based services with a focus on improving corporate health and reducing sickness absence levels in private and public organizations. Its solution consists of HealthManager, HealthDesk, and Consulting services. Company SaaS platform combines advance data analytics, research-based insights, and AI to empower leaders to unlock the full potential of their teams and to foster a healthier, more sustainable work environment. | $0 | +38% | $5M | $5M | ||||
| Kontigo Care AB is a Sweden based company involved in offering a cloud-based platform with artificial intelligence (AI) and predictive capabilities. Its Kontigo Care platform has predictive capabilities, which means that a relapse can be identified early and, in some cases, completely prevented. | $0 | -- | $4M | $3M | ||||
 | Monsenso AS is a mobile mental health company. It technology company offering a digital health solution used for decentralized trials, remote patient monitoring, and treatment support. Its mHealth solution for mental health consists of three components, namely A smartphone app for individuals, A web portal for clinicians & users, and A smartphone app for careers. | $0 | +102% | $4M | $4M | ||||
 | Induct AS is engaged in the business of software development. It offers a digital platform for work and collaboration, for individuals, Homes, Organizations, and Work. | $0 | -79% | $3M | $4M | ||||
| Median | $3 | -13% | $148M | $125M | 2.5x | 8.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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