Navigation Links
HLM Venture Partners Leads Series B Financing of CaseNET, Inc.

BOSTON, Nov. 12 /PRNewswire/ -- HLM Venture Partners announced today that it has led a $7.5 million Series B preferred stock financing of CaseNET, Inc. CaseNET, based in Waltham, MA, is an early-stage health care information company that offers health care enterprises and government agencies a software solution for medical and care management.

As a new investor, HLM committed $4 million to the round and was joined by existing investors Sigma Partners, Aurora Funds and Howard Cox. Peter Grua, a partner at HLM, will join the CaseNET board of directors.

CaseNET's software platform is used by health plans, disease management organizations, governmental agencies and large provider groups. It provides care managers with an opportunity to automate their workflow, improve productivity, and secure better outcomes for patients and clients.

According to HLM's Peter Grua, "The market for medical management software solutions is large and well established and is experiencing a surge in interest. Health plans and government agencies are looking to new patient- centric technology solutions that enable them to more effectively predict, monitor and manage the utilization of their members and eligible recipients. CaseNET is well positioned to gain a meaningful share of the market because it offers an excellent solution and is led by an experienced management team with a proven track record of building successful businesses."

Brian O'Neill, the CEO of CaseNET, has built four successful software companies over the past 20 years, all of which created new markets or dramatically changed the rules in existing ones while building strong relationships with customers.

"We are excited to partner with HLM and to include Peter Grua on our board of directors," said CaseNET's Mr. O'Neill. "His rich experience in health care service and information companies and working with payer organizations is extremely valuable to us as we enter our next stage of growth."

About HLM Venture Partners

HLM Venture Partners provides venture capital to emerging companies focused on health care information technology, health care services and medical technology. During the past 15 years, HLM has helped more than 60 privately held health care companies turn innovative ideas into market-leading businesses. The company's investment professionals have over 125 years of collective expertise in the health care industry, an accumulation of knowledge that is invaluable to the leadership of its portfolio companies. For more information, visit:

About CaseNET

CaseNET, Inc. provides a comprehensive suite of care management software and service solutions that center on the individual receiving care and the discipline of team-based care management. At the heart of the system is a highly flexible platform that incorporates an organization's existing processes and workflows into an intuitive environment along with breakthrough reporting capabilities that turn care management data into meaningful, real- time accessible outcome data. For more information contact CaseNET (888) 701-0886 or e-mail Online information is found at its website:

Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Foundation Venture Capital Group, LLC Invests in Start Up Committed to Breast Cancer Diagnostics
2. NTU and Insightra Medical Inc. release their first joint venture medical device
3. Amneal Pharmaceuticals & Indoco Remedies Finalize Long Term Joint Venture Agreement to Develop and Market Generic Ophthalmic Pharmaceuticals
4. STAAR Surgical to Purchase Canons Interest in Japanese Joint Venture
5. Harmony Information Systems Raises $28 Million in Series B Financing from JMI Equity, Updata Partners, ORIX Venture Finance and Comerica Bank
6. Venture Health Group Selects Planet DDS Web-based Practice Management Software
7. AtriCure to Present at Thomas Weisel Partners 2007 Healthcare Conference
8. Matrixx Initiatives, Inc. to Present at the Roth Capital Partners 2007 New York Conference
9. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
10. Thailand: Partners Open Free AIDS Treatment Clinic in Renowned AIDS Temple in Lop Buri
11. AtriCure to Present at Roth Capital Partners 2007 New York Conference
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... Lakeview Health, ... country to celebrate their sobriety and show through pictures what a positive difference ... photos this Thanksgiving with the hashtag #FacesOfGratitude on their Facebook, Twitter, and Instagram ...
(Date:11/25/2015)... ... November 25, 2015 , ... On November 23rd 2015 Cozy Products, ... heating products business. Cozy Products explains what this means for business moving forward. , ... the Cozy Products business model: to sell personal heaters that reduce energy consumption, are ...
(Date:11/25/2015)... Livonia, MI (PRWEB) , ... November 25, 2015 , ... ... at Presence Resurrection Medical Center (RMC) in Chicago, IL, UV Angel is evaluating the ... the medical and surgical intensive care units (totaling 30 beds) from May 2014 through ...
(Date:11/25/2015)... ... November 25, 2015 , ... ... found that regular bras were incredibly uncomfortable," said an inventor from Bronx, N.Y. ... , She developed the patent-pending RECOVERY BRA for added comfort and support. The ...
(Date:11/25/2015)... ... , ... Since its launch in 2012, the Regenestem brand ... therapies to patients with chronic degenerative medical conditions. Now, the U.S. Patent and ... , Organizations are required to hold a registered trademark in order to make ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... 24, 2015  Thanks to a donor with a ... Medical Center,s Sister Diane Grassilli Center for Women,s Health ... San Francisco . ... forward with a gift of $617,320 that allowed the ... with Tomosynthesis and Whole Breast Ultrasound. Tomosynthesis, three-dimensional (3-D) ...
(Date:11/24/2015)... , Nov. 24, 2015  Array BioPharma Inc. ... Chief Executive Officer, Ron Squarer , will ... in New York.  The public is welcome to ... the Array BioPharma website.Event:Piper Jaffray Annual Healthcare ConferencePresenter:  ... December 2, 2015Time:1:30 p.m. Eastern Time Webcast: ...
(Date:11/24/2015)... Nov. 24, 2015 /PRNewswire/ - ESSA Pharma Inc. ("ESSA" ... announced today that the first patient has been enrolled ... a treatment for metastatic castration-resistant prostate cancer ("mCRPC"). ... --> the United States ... Phase 1/2 clinical trial, ESSA intends to demonstrate the ...
Breaking Medicine Technology: