Concerro

Concerro is a technology company focused on providing digital solutions for healthcare organizations, specializing in workforce management systems to enhance operational efficiency and compliance within the healthcare sector. Founded in 1997 and headquartered in San Diego, US, Concerro specializes in workforce management systems for healthcare. It was acquired by API Healthcare, a portfolio company of Francisco Partners, in February 2012, though financial terms of the deal were not disclosed. The company has completed a total of 4 deals, with the most recent deal occurring on February 8, 2012.

Concerro has raised a total of USD 2. 60 mn in funding, with the latest round being Series C, amounting to USD 2. 60 mn. Concerro.

com offers an array of digital solutions designed to streamline operations for healthcare organizations. Their core product focuses on workforce management systems, which assist clients in optimizing staff scheduling, ensuring compliance with regulations, and enhancing overall operational efficiency. These solutions target specific issues within the healthcare sector, such as mitigating staffing shortages and reducing administrative burdens. Their end users primarily consist of hospitals, clinics, and nursing facilities, which rely on these systems to manage their workforce effectively.

The products are designed to meet the demands of the North American market, with a significant focus on urban healthcare providers who seek to improve patient care through efficient workforce utilization. The revenue model for Concerro. com is centered around subscription-based services, where clients pay recurring fees for access to their workforce management solutions. Transactions typically occur directly between the company and healthcare providers, facilitating seamless integration of services into existing operational frameworks.

The pricing structure includes tiered subscription plans, tailored to the varying needs of different healthcare organizations, ranging from small clinics to large hospital systems. By providing a scalable solution, Concerro. com enhances its ability to secure long-term partnerships with clients, fostering a reliable revenue stream that supports ongoing service development. The company's flagship offerings are essential for clients aiming to maintain high standards of patient care while managing operational costs effectively.

Following the recent acquisition in February 2012, Concerro aims to leverage its new partnership to expand its range of workforce management products and explore new geographic markets. The company is actively designing new feature enhancements to its existing systems with a target release date in mid-2023. Future plans include expanding into additional urban markets within Canada and the U. S.

by 2024. The funding from the Series C round will be utilized to accelerate product development and support marketing initiatives targeting these new regions.