“Can a modern EHR for senior living become the operating and financial system for the industry by bundling billing, payments, and AI-driven care insights?”
August Health was founded in 2020 by a senior-living physician and an Apple engineering leader to give assisted-living communities a modern EHR/eMAR platform. It expanded from clinical workflows into operations and, in 2025, added an integrated Billing & Payments product to capture the financial workflow between communities and resident families. The 2025 Series B pivots the platform toward AI-enabled care via August Intelligence.
August Health processes payments through August Health Billing & Payments (self-operated) and Rainforest Pay. Disclosed money-movement rails: ACH.
August Health integrates with Acumatica.
The Embedded Finance Index 2026 maps 4 layers in August Health's stack: Payments / PSP (August Health Billing & Payments (self-operated) and Rainforest Pay); Money movement (ACH); Unified APIs (Apideck); Accounting (Acumatica).
August Health was founded by Justin Schram, M.D. and Erez Cohen and is founded in 2020, headquartered in San Francisco, California, United States.
Get a read on where your own stack stands against August Health and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.