-56%

est. 2Y upside i

HealthcareSeries A

Rank

#2786

Sector

HealthTech

Est. Liquidity

~3Y

Data Quality

Data: Medium

Collective Medical was acquired by PointClickCare in December 2020 for $650 million.

Last updated: March 10, 2026

Bull (30%)+90%

PointClickCare continues to solidify its market leadership in post-acute care, successfully integrating Collective Medical's network and expanding into new acute and payer segments. Sustained 20%+ annual revenue growth, potentially accelerated by new AI-powered solutions, drives the valuation to $9.5B+ (a ~13x revenue multiple) through a successful IPO or strategic acquisition.

Base (48%)+25%

PointClickCare maintains its strong position in the long-term and post-acute care market, achieving steady growth around 20% YoY. The company continues to be profitable, and its valuation grows modestly to approximately $6.25B (a ~8.7x revenue multiple) as it focuses on incremental product enhancements and market penetration, with a potential liquidity event in 2-4 years.

Bear (22%)-40%

Increased competitive pressure from large healthcare incumbents like Oracle Health (formerly Cerner) or Epic, coupled with slower-than-expected integration of acquisitions or regulatory headwinds, leads to decelerated growth and multiple compression. The valuation could drop to $3B (a ~4.1x revenue multiple), significantly impacting common stock value.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

7%

PointClickCare has raised $283M in total funding, representing 5.66% of its current $5B valuation. This indicates a moderate preference stack, which is manageable in most exit scenarios.

Dilution Risk

moderate

As a late-stage private company, future funding rounds or acquisitions could lead to further dilution, though likely less significant than in earlier stages.

Secondary Liquidity

limited

Accredited investors can access pre-IPO shares through platforms like EquityZen, but broader secondary liquidity for employees is not active.

Questions to Ask at the Interview

Strategic questions based on Collective Medical's data — designed to show you've done your homework.

  • 1

    “Given PointClickCare's significant market share in post-acute care and the integration of Collective Medical's acute care network, how is the company strategizing to further connect the entire care continuum and compete with larger EHR incumbents like Epic and Oracle Health (formerly Cerner)?”

  • 2

    “PointClickCare has grown to over $500M in revenue and is profitable, with recent news highlighting AI-powered solutions like Referral Advisor. What are the key growth levers the company is focusing on for the next 2-3 years, and how do these new technologies contribute to achieving those goals?”

  • 3

    “As a late-stage private company with a valuation exceeding $5B, what is the company's long-term view on a liquidity event for employees, and are there any plans for broader secondary liquidity programs or an IPO in the next 2-4 years?”

Community

Valuation Sentiment

Our model estimates -56% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.