ApideckTape
← Embedded Finance Index 2026

DrChrono

Can a mobile-first EHR become the vertical operating system — clinical, billing, and payments — for independent US medical practices?

Founded2009
HQSunnyvale, CA, United States
FoundersMichael Nusimow, Daniel Kivatinos
Latest roundAcquired by EverCommerce (Nov 2021)
IndustryVertical SaaS / Healthcare
The story

DrChrono launched in 2009 as a mobile-first EHR for small medical practices, becoming an early Apple mobility partner and processing billions in medical claims. It layered on medical billing, practice management, and patient payments to become a vertical operating system for independent providers. Since being acquired by EverCommerce in 2021, it operates as part of the EverHealth portfolio and increasingly bundles third-party fintech (Stripe, WorldPay, PaySimple, Kapitus) rather than building financial infrastructure itself.

Last 12 months
2026-09
Product timeline
2009
Founded in New York City by Michael Nusimow and Daniel Kivatinos; later joined Y Combinator.· pivot
2017
Raised $12M Series A to compete with legacy EHRs like athenahealth and Allscripts.· pivot
2019
Partnered with Kapitus (Helix Healthcare Financing Group) to offer embedded financing to physician practices.· lending
2021
Acquired by EverCommerce (NASDAQ: EVCM), operating within the EverHealth portfolio.· acquisition
2026
Launched Apple Pay and Google Pay for patient payments via hosted links, text-to-pay, and QR codes.· banking
The stack
5 layers disclosed in DrChrono’s embedded-finance stack
Payments / PSP
StripeWorldpayPaySimpleSquareApple PayGoogle Pay
Banking / BaaS
in the full report
Card network
in the full report
Lending
in the full report
KYC
in the full report
Accounting gap: significant
7 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.