Building an API platform and wondering how to monetize? San Francisco's APIs and IPAs Meetup had a fireside chat with NexHealth’s (www.nexhealth.com) CTO Waleed Asif, and Lead API Engineer Alex Han, to find out how they grew their HealthTech App to a $431M valuation.

In the chat Moesif's own CEO, Derric Gilling, talked through NexHealth's usage-based billing case study, identified how they tracked API usage data, and quantified what they did to scale their API platform so quickly.

Read “Best Practices for Usage Based Billing to Monetize APIs”(https://bit.ly/3K14XDm) to learn how API analytics enable monetization.

Timestamps of content:

0:00 - What Does NexHealth Do? Over the single NexHealth API, developers access multiple EHRs to build HeathTech apps faster.

4:40 - How Does Moesif Help? Moesif enables NexHealth to bill for API usage and provides insights into how the API is being used

6:30 - How Do You Monetize Your API? Moesif’s metered-billing feature enables charging for API usage using pay-as-you-go models or others.

10:17 - How to Get Visibility Into Your API? NexHealth uses Datadog and Bugsnag for DevOps and engineering issues, but Moesif for product insights

20:00 - How to Efficiently Pick Tech Stack Tools? Find tools that help with the root cause of the problem.

21:49 - How to Ensure Reliability Across Your SaaS and API Products? By building their SaaS application on top of their own API, NexHealth has confidence in the security and health of their products

22:45 - Which Persona to Use, SaaS or API? NexHealth has very different strategies and personas for marketing their SaaS product versus their API

25:30 - How to Support Different Company Sizes? Since their customers span single developers right up to teams of engineers and CS professionals, NexHealth uses unique sales and support pipelines

29:45 - What Do APIs Bring to HealthTech? APIs allow for easy integration and improved efficiency in HealthTech, simplifying the lives of healthcare providers and patients alike