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Phreesia Inc's Business Segments
Phreesia Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2027
Reportable Segments
1
Largest Segment
Technology Solutions
Total Revenue
$ 131
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2027
- Technology Solutions100%
Revenue by Reportable Segment - Q1 FY2027
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Technology Solutions | $ 131 | 100% |
Revenue by Product & Service Category - Q1 FY2027
- Subscription and Services40.3%
- Payment Solutions32%
- Network Solutions27.7%
Revenue by Product & Service Category - Q1 FY2027
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription and Services | $ 53 | 40.3% |
| Payment Solutions | $ 42 | 32% |
| Network Solutions | $ 36 | 27.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Phreesia Inc
Phreesia Inc is a healthcare technology company that offers innovative solutions to improve patient engagement and streamline workflows. The company was founded in 2005 and has its headquarters in New York, NY.
Phreesia's core product is a patient intake platform that digitizes the registration process, allowing patients to complete their paperwork electronically from their own devices. This eliminates the need for paper forms and manual data entry, which can be time-consuming and error-prone. In addition, the platform collects information about a patient's medical history, insurance coverage, and other relevant data, which can be used to inform clinical decision-making.
The platform also includes several features that improve the patient experience. For example, patients can use Phreesia's platform to check in for appointments, pay copays, receive reminders about upcoming appointments, and provide feedback on their care. These features are designed to make it easier for patients to navigate the healthcare system and feel more engaged in their own care.
Phreesia's platform can integrate with other healthcare technology systems, such as electronic health records (EHRs) and practice management software. This integration streamlines workflows for healthcare providers, reduces administrative burdens, and improves data accuracy.
Phreesia is also committed to data security and compliance. The platform is designed to be HIPAA-compliant, and the company has implemented numerous safeguards to protect patient data.
In recent years, Phreesia has expanded its offerings beyond the patient intake platform. The company now offers a patient engagement platform that includes tools for appointment reminders, patient education, and surveys. Phreesia has also launched a telehealth platform that enables healthcare providers to conduct virtual visits with patients.
Overall, Phreesia Inc is a healthcare technology company that is focused on improving the patient experience, streamlining workflows for healthcare providers, and enhancing clinical decision-making through the use of data. The company's innovative solutions have made it a leader in the healthcare technology space, and its commitment to patient privacy and security has earned it a reputation as a trusted partner for healthcare providers.
Phreesia's core product is a patient intake platform that digitizes the registration process, allowing patients to complete their paperwork electronically from their own devices. This eliminates the need for paper forms and manual data entry, which can be time-consuming and error-prone. In addition, the platform collects information about a patient's medical history, insurance coverage, and other relevant data, which can be used to inform clinical decision-making.
The platform also includes several features that improve the patient experience. For example, patients can use Phreesia's platform to check in for appointments, pay copays, receive reminders about upcoming appointments, and provide feedback on their care. These features are designed to make it easier for patients to navigate the healthcare system and feel more engaged in their own care.
Phreesia's platform can integrate with other healthcare technology systems, such as electronic health records (EHRs) and practice management software. This integration streamlines workflows for healthcare providers, reduces administrative burdens, and improves data accuracy.
Phreesia is also committed to data security and compliance. The platform is designed to be HIPAA-compliant, and the company has implemented numerous safeguards to protect patient data.
In recent years, Phreesia has expanded its offerings beyond the patient intake platform. The company now offers a patient engagement platform that includes tools for appointment reminders, patient education, and surveys. Phreesia has also launched a telehealth platform that enables healthcare providers to conduct virtual visits with patients.
Overall, Phreesia Inc is a healthcare technology company that is focused on improving the patient experience, streamlining workflows for healthcare providers, and enhancing clinical decision-making through the use of data. The company's innovative solutions have made it a leader in the healthcare technology space, and its commitment to patient privacy and security has earned it a reputation as a trusted partner for healthcare providers.
Phreesia Inc. is a prominent healthcare technology company focused on transforming the patient experience while improving operational efficiency for healthcare providers. Its offerings are structured to meet the requirements of various stakeholders in the healthcare ecosystem, including medical practices and other healthcare providers. Below is an extensive description of the segments, products, and services that Phreesia Inc. offers.
Segments
1. Medical Practices:
- Phreesia’s solutions are specifically designed to assist medical practices in optimizing their administrative workflows. This includes enhancing the processes of patient registration, managing insurance verification, sending timely appointment reminders, and streamlining payment collections. By automating these tasks, Phreesia helps healthcare professionals minimize administrative burdens, allowing them to dedicate more time to patient care. This segment covers a wide range of specialties and practice sizes, making it versatile for any medical setting.
2. Healthcare Providers:
- Beyond traditional medical practices, Phreesia extends its offerings to healthcare providers such as hospitals, outpatient clinics, and specialty care facilities. The solutions are aimed at bolstering patient engagement, optimizing workflows, and elevating operational efficiency across varied healthcare settings. This segment supports more integrated care models and assists providers in meeting the evolving demands of patient care.
Products
1. Phreesia Pre-Visit:
- A pivotal product that automates patient intake, Phreesia Pre-Visit eliminates the need for paper forms and enables healthcare practices to streamline administrative workflows. This solution incorporates essential features such as insurance verification, real-time eligibility checks, copay collection, and appointment reminders, which help ensure all necessary information is gathered before the patient’s arrival.
2. Phreesia Check-In:
- This innovative self-service kiosk facilitates the automation of the check-in process. It collects patient health and demographic information, processes copays and outstanding balances, and guarantees the accuracy of patient data. The kiosk enhances the patient experience by reducing wait times and ensuring that necessary information is updated efficiently.
3. Phreesia Payments:
- An intuitive payment platform that offers patients flexible payment options, Phreesia Payments simplifies the billing process. Patients can make online payments, set up automatic payment plans, and manage their financial responsibilities with ease. This product promotes timely collections and improves the overall financial health of healthcare practices.
4. Phreesia Mobile:
- The Phreesia Mobile app empowers patients to engage with their healthcare more actively. Through the app, patients can complete necessary forms before appointments, check in directly from their smartphones, and gain secure access to their health records. Additional features such as appointment scheduling and real-time updates on wait times enhance convenience and patient satisfaction.
Services
1. Onboarding and Support:
- Phreesia provides exceptional onboarding services, where a dedicated team of experienced professionals supports new clients through implementation. This includes staff training to ensure optimal use of the solutions, as well as ongoing support to address any operational challenges.
2. Customizable Solutions:
- Understanding that each healthcare organization has specific needs, Phreesia’s solutions are highly customizable. They can be adjusted to fit the unique workflows and requirements of different practices, ensuring that clients get the most value from their investment.
3. Reporting and Analytics:
- With robust reporting tools, Phreesia offers insights into various aspects of practice operations. These analytics serve as a pivotal resource for managing staff performance and patient engagement, as well as optimizing financial performance. Healthcare professionals can track key performance indicators and make informed decisions based on data-driven insights.
4. Integration:
- Phreesias solutions are designed for seamless integration with a variety of electronic health record (EHR) systems. This capability enhances data flow between systems, reduces the likelihood of errors, and improves overall operational efficiency within healthcare settings.
Conclusion
In summary, Phreesia Inc. delivers a suite of comprehensive and customizable solutions aimed at improving patient engagement while streamlining administrative tasks for healthcare providers. By addressing the specific needs of medical practices and broader healthcare environments, Phreesia enhances not only operational efficiency but also the quality of patient care, making it an invaluable partner for healthcare professionals.
Segments
1. Medical Practices:
- Phreesia’s solutions are specifically designed to assist medical practices in optimizing their administrative workflows. This includes enhancing the processes of patient registration, managing insurance verification, sending timely appointment reminders, and streamlining payment collections. By automating these tasks, Phreesia helps healthcare professionals minimize administrative burdens, allowing them to dedicate more time to patient care. This segment covers a wide range of specialties and practice sizes, making it versatile for any medical setting.
2. Healthcare Providers:
- Beyond traditional medical practices, Phreesia extends its offerings to healthcare providers such as hospitals, outpatient clinics, and specialty care facilities. The solutions are aimed at bolstering patient engagement, optimizing workflows, and elevating operational efficiency across varied healthcare settings. This segment supports more integrated care models and assists providers in meeting the evolving demands of patient care.
Products
1. Phreesia Pre-Visit:
- A pivotal product that automates patient intake, Phreesia Pre-Visit eliminates the need for paper forms and enables healthcare practices to streamline administrative workflows. This solution incorporates essential features such as insurance verification, real-time eligibility checks, copay collection, and appointment reminders, which help ensure all necessary information is gathered before the patient’s arrival.
2. Phreesia Check-In:
- This innovative self-service kiosk facilitates the automation of the check-in process. It collects patient health and demographic information, processes copays and outstanding balances, and guarantees the accuracy of patient data. The kiosk enhances the patient experience by reducing wait times and ensuring that necessary information is updated efficiently.
3. Phreesia Payments:
- An intuitive payment platform that offers patients flexible payment options, Phreesia Payments simplifies the billing process. Patients can make online payments, set up automatic payment plans, and manage their financial responsibilities with ease. This product promotes timely collections and improves the overall financial health of healthcare practices.
4. Phreesia Mobile:
- The Phreesia Mobile app empowers patients to engage with their healthcare more actively. Through the app, patients can complete necessary forms before appointments, check in directly from their smartphones, and gain secure access to their health records. Additional features such as appointment scheduling and real-time updates on wait times enhance convenience and patient satisfaction.
Services
1. Onboarding and Support:
- Phreesia provides exceptional onboarding services, where a dedicated team of experienced professionals supports new clients through implementation. This includes staff training to ensure optimal use of the solutions, as well as ongoing support to address any operational challenges.
2. Customizable Solutions:
- Understanding that each healthcare organization has specific needs, Phreesia’s solutions are highly customizable. They can be adjusted to fit the unique workflows and requirements of different practices, ensuring that clients get the most value from their investment.
3. Reporting and Analytics:
- With robust reporting tools, Phreesia offers insights into various aspects of practice operations. These analytics serve as a pivotal resource for managing staff performance and patient engagement, as well as optimizing financial performance. Healthcare professionals can track key performance indicators and make informed decisions based on data-driven insights.
4. Integration:
- Phreesias solutions are designed for seamless integration with a variety of electronic health record (EHR) systems. This capability enhances data flow between systems, reduces the likelihood of errors, and improves overall operational efficiency within healthcare settings.
Conclusion
In summary, Phreesia Inc. delivers a suite of comprehensive and customizable solutions aimed at improving patient engagement while streamlining administrative tasks for healthcare providers. By addressing the specific needs of medical practices and broader healthcare environments, Phreesia enhances not only operational efficiency but also the quality of patient care, making it an invaluable partner for healthcare professionals.