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Management Health Solutions, Inc. Procures Key Funding from Eastward Capital Partners
Date:4/7/2009

Management Health Solutions, Inc. (MHS), a leading provider of clinical supply chain management solutions to the health care industry, has secured key funding from Eastward Capital Partners, it was announced today by William Zierolf, Chief Executive Officer of MHS. www.MHSINC.com

Fairfield, Connecticut (PRWEB) April 7, 2009 -- Management Health Solutions, Inc. (MHS), a leading provider of clinical supply chain management solutions to the health care industry, has secured key funding from Eastward Capital Partners, it was announced today by William Zierolf, Chief Executive Officer of MHS.


   
Based in Boston, Massachusetts, Eastward Capital Partners is a leading provider of venture debt and equity financing to technology companies backed by top-tier venture capital firms. Eastward Capital's financing will support MHS's continued expansion and strengthen the company's sales and marketing efforts.

"Eastward Capital Partners investment in MHS speaks to our strong position and leadership in our industry," said Zierolf. "This funding will expedite our product development and overall business plan, and will fortify our operational proficiency, ultimately promoting our future growth in the industry."

About Eastward Capital Partners
Eastward Capital Partners is a leading provider of venture debt and equity financing to technology companies backed by top-tier venture capital firms. Eastward works with portfolio companies to provide flexible equity sensitive solutions to their financing needs. Eastward currently has over $225 million under management and has completed more than 70 investments since 1994 in the Information Technology and Communications sectors. Eastward works with companies and their venture sponsors who have the potential to be market leaders in their industry categories. Having worked with many companies from their initial stages, Eastward has the experience, diverse network, and vision necessary to add value in its relationships with portfolio companies. For additional information, visit their website at www.eastwardcp.com.

About Management Health Solutions, Inc.
Management Health Solutions, Inc. (MHS) provides leading clinical inventory valuation, inventory management, data cleansing and data maintenance solutions to many of the largest health systems in North America. MHS combines a 'best-in-class' professional services organization with leading edge technology enabling hospitals to generate a measurable return on investment by reducing clinical inventory costs. www.MHSInc.com

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Read the full story at http://www.prweb.com/releases/MHS/Clinical_Supply_Chain/prweb2302624.htm.


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