Diligence memo · auto-generated · as of July 3, 2026
Next Healthcare Inc.
Next Healthcare Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Next Healthcare Inc. operates in Healthtech, based in FARGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Next Healthcare Inc. has raised $1.5M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $554K on 2012-03-09.
Most recent recorded round closed around 2019-01-25.
Valuation (modeled)modeled
Provath models Next Healthcare Inc. at approximately $8.1M (range $147K–$92M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.78× the median modeled value of Pre-Seed Healthtech companies in 2019–2021 (139 peers) — value vs value, same stage and era. Within the normal band (78% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 24 months.
Last raise 7.4 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 35% of Healthtech peers (2138 compared).
Modeled value ranks above 30% of those peers.
Closest niche peers: Levin Eye Care LLC, Medical Records Now, Inc., Emf Medical Devices Inc., Miracle Leaf Health Centers, Corp., PRINE Health Holdings, LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.