PHR

Phreesia, Inc. operates a comprehensive healthcare software platform that digitalizes intake, engagement, and activation processes for healthcare organizations. Headquartered in Wilmington, Delaware, and founded in 2005, the company serves medical practices, hospitals, and health systems across the United States. Phreesia's platform handles patient registration, insurance verification, payment collection, clinical assessments, and appointment scheduling while facilitating life sciences brand activations at the point of care. The company generates revenue through two primary streams: a subscription-based model charging healthcare providers per patient visit and payment processing fees, along with a separate Life Sciences segment that connects pharmaceutical and medical device companies with patients and providers through its network. Phreesia serves over 3,500 healthcare organizations representing more than 90 million patient visits annually. The platform integrates with major electronic health record systems including Epic, Cerner, and athenahealth, creating a seamless workflow for providers. The company has expanded its capabilities through strategic acquisitions, including Insignia Health in 2022, which enhanced its patient activation solutions. Phreesia went public on the New York Stock Exchange in July 2019 under the ticker symbol PHR. The company employs approximately 2,000 people and continues to invest in artificial intelligence and automation features to improve administrative efficiency and patient engagement across its growing healthcare network.