PHREESIA INC (PHR)
Health Care · Healthcare software and digital patient engagement platforms · NYSE
Phreesia is a healthcare software and payments platform connecting patients and providers across the care journey, from scheduling through post-visit engagement, processing ~180 million annual patient visits.
What PHREESIA INC does
Phreesia provides an integrated software, payments, and engagement platform serving healthcare organizations including ambulatory practices, health systems, hospitals, and life sciences companies. The platform addresses three core healthcare challenges: access to care (patient scheduling, provider directories), affordability of care (payment solutions, eligibility tools, patient financing), and health outcomes (patient engagement, clinical data capture, analytics). In fiscal 2026, the platform facilitated approximately 180 million patient visits, representing about one in six ambulatory patient visits in the United States.
Themes: ["Healthcare IT / administrative workflows","Patient engagement and outcomes","Healthcare payment solutions","Digital patient intake and scheduling","Revenue cycle optimization","AI in healthcare operations","Life sciences / pharma engagement platforms"]
Fundamentals
- Price$10.82 as of 2026-07-09 close
- Market cap$663M as of 2026-07-10
- 1-year return-62.6% as of 2026-07-09 close
- P/E72.19 as of 2026-07-10
- Net margin+1.9% as of 2026-07-10
- Gross margin+67.8% as of 2026-07-10
- ROE+2.8% as of 2026-07-10
- Debt / equity0.25 as of 2026-07-10
- Revenue growth (YoY)+14.1% as of 2026-07-10
- Revenue CAGR (3y)+19.6% SEC XBRL
- Beta0.84 as of 2026-07-10
Key risks (from latest filing)
["High customer concentration and dependence on large health systems; loss of major customers would significantly impact revenue","Healthcare regulatory and compliance risks including HIPAA, payment processing regulations, and potential changes to healthcare policy affecting provider spending","Integration risks from recent AccessOne acquisition and ability to retain customers and manage combined platform operations"]
Competitors & peers
- Veradigm (VEDR)
- Allscripts Healthcare Solutions
- Athenahealth
- CVS Health / Aetna (healthcare IT division)
- UnitedHealth Group / Change Healthcare
- Optum
- Medidata Solutions
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.