| Founded | 2005 |
|---|---|
| Closed | 2020 |
| Country | USA |
| Sector | Healthtech |
| Total raised | 157 |
| Collapse type | Fire Sale |
| Founder | Ryan Howard |
Practice Fusion
"The EHR startup valued at $1.5B, sold for $100M, then fined $145M for helping Purdue Pharma promote opioids"
Distressed acquisition below last-round valuation
Key Events Timeline
Practice Fusion launched in 2005 as a free, cloud-based electronic health record system for physician practices — an unusual model at a time when EHR software typically cost tens of thousands of dollars.
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