• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

rater8 Secures Funding to Expand Healthcare Reputation Management Solutions

by Jasmine Pennic 04/08/2024 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print
rater8 Secures Funding to Expand Healthcare Reputation Management Solutions

What You Should Know: 

– rater8, a healthcare reputation management and patient feedback platform announced today the successful closing of their Series A funding round led by Elsewhere Partners. 

– The Series A investment will fuel rater8’s growth, allowing them to expand their reach, strengthen partnerships, and enhance their award-winning software-as-a-service (SaaS) solutions.

Capitalizing on the Growing Importance of Online Reputation

The global online reputation management market is expected to surpass $746 million by 2031, with healthcare playing a central role. As patients increasingly turn online to research providers, positive online reviews have become the single most influential factor in their choices. Dissatisfaction with healthcare quality and a rising tendency to switch providers further highlight the critical need for strong online reputations.

rater8: Delivering Unmatched Results for Healthcare Providers

rater8 boasts a proven track record, generating an average 240% increase in annual reviews for over 750 healthcare organizations. Their platform empowers providers to:

  • Build Online Visibility: Increase online presence and attract new patients through a robust online reputation.
  • Manage Reputation: Proactively monitor and address online reviews, maintaining a positive patient perception.
  • Improve Patient Satisfaction: Gather valuable patient feedback to identify areas for improvement and optimize the patient experience.
  • Enhance Operational Performance: Leverage data-driven insights to streamline operations and deliver better care.

Seamless Integration and Actionable Insights

Unlike generic review tools, rater8 seamlessly integrates with over 100 electronic health record (EHR) and practice management (PM) systems. They focus on healthcare-specific review sites like Google, Healthgrades, Vitals, and WebMD, ensuring reviews reach the right audience. Additionally, rater8 offers comprehensive analytics that provide healthcare providers with:

  • Granular Feedback: Detailed insights into patient satisfaction across individual providers, specialties, practices, and facilities.
  • Real-Time Reporting: Access to up-to-date data on a range of patient satisfaction metrics and online review statistics.
  • Intelligent Prioritization: An automated system that prioritizes review sites in need of more attention.

“As the healthcare sector evolves, healthtech innovators are clamoring to carve out their niche in an increasingly crowded space. Many will fail, but those who thrive will transform patient experience and practice management. rater8 has grown into a formidable leader in the patient management evolution – building a solution that addresses core industry pain points, growing an incredibly satisfied customer base and continuously outperforming competitors that simply can’t stack up,” said Michele Perry, operating partner, Elsewhere Partners. “The patient feedback market is ready for disruption. We see tremendous opportunity for growth as rater8 further broadens the capabilities of its platform and grows its team to support demand. I have no doubt that the rater8 team will continue to raise the bar for patient feedback solutions and help drive better outcomes for both practices and patients.”

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

HLTH 2025 Coverage

HLTH 2025 Day 1 Summary & Insights: AMA Launches AI Governance Center, Google Cloud, Microsoft, ChatGPT for Medicine

Featured Interview

ConcertAI VP Shares View on AI Hallucinations and the Fabricated Data Crisis in Scientific Publishing

Most-Read

Cleveland Clinic and Khosla Ventures Form Strategic Alliance to Accelerate Healthcare Innovation

Cleveland Clinic and Khosla Ventures Form Strategic Alliance to Accelerate Healthcare Innovation

Northwell Health Selects to Deploy Abridge’s Ambient AI Across 28 Hospitals

Northwell Health to Deploy Abridge’s Ambient AI Across 28 Hospitals

Omada Health Launches "Nutritional Intelligence" with AI Agent OmadaSpark

Omada Health Launches AI-Powered Meal Map to Transform Nutrition for Cardiometabolic Patients

From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

Epic Outlines Roadmap for Next-Generation Data Sharing at Open@Epic

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Op-Ed Submission Guidelines
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |