Navigation Links
MedAptus Secures $6 Million Investment
Date:3/19/2009

Funding to Support Increasing Sales of the Company's Innovative Revenue Cycle Offerings

BOSTON, March 19 /PRNewswire/ -- MedAptus(R), market leader for charge capture technologies, today announced that it has secured $6 million in capital in a financing led by existing investor Boston Millennia Partners. This investment will enable MedAptus to further support the growth of its Intelligent Charge Capture suite of products.

"The realities of today's economy require provider organizations to look at financial performance more closely than ever," said MedAptus CEO Dennis Mitchell. "This means that our offerings have become must-have for hospitals and physician practices in order to grow and thrive. This financing will allow us to innovate in ways that drive unparalleled revenue integrity and optimization for our customers."

MedAptus' powerful, yet easy-to-use, electronic charge capture technologies are practice-proven to maximize revenue, enhance compliance efforts and increase billing process transparency. Offerings include solutions for professional, facility and infusion services coding and billing, as well as complementary modules for PQRI and other clinically oriented tasks. Thousands of clinicians across organizations that include single-specialty practices, multi-specialty groups and large academic institutions use MedAptus on a daily basis.

"We are quite proud of the success MedAptus has experienced with its physician solution. Also, the company's Facility Charge Capture product, the first of its kind for the ambulatory environment, is a tremendously appealing product, particularly given the increasing economic challenges facing hospitals," said Robert Jevon, partner at Boston Millennia Partners and a member of the MedAptus Board of Directors. "Lots of people are talking about the inefficient processes that plague healthcare -- we're delighted that MedAptus is actually doing something about it."

About MedAptus

MedAptus is the Gold Standard in the healthcare revenue cycle for effective charge management, compliance and workflow efficiency. With the most powerful, yet easy-to-use, Intelligent Charge Capture technologies available, we enjoy enterprise-wide adoption at some of the nation's most prestigious healthcare organizations. Our portfolio of full-scale Professional and Facility offerings is practice-proven to increase revenue, re-engineer archaic processes, enhance EMR investments and save busy providers valuable time. For more information, visit http://www.medaptus.com or call 617.896.4000.

    MedAptus Contact:

    Jennifer Crowley
    p. 617.896.4030
    jcrowley@medaptus.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.


'/>"/>
SOURCE MedAptus
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. MedAptus Experiences Record Growth of 70 Percent
2. MedAptus Selected by Kentucky Medical Services Foundation for Professional Charge Capture Technology
3. Dana-Farber Cancer Institute Completes Deployment of MedAptus Infusion Services Module
4. Still River Systems, Inc. Secures $33 Million in Private Financing
5. Solta Medical, Inc. Secures $9M Credit Facility from Silicon Valley Bank
6. Ranbaxy Secures Final FDA Approval for Quinapril Hydrochloride + Hydrochlorothiazide Tablets
7. Noteworthy Medical Systems, Inc. Secures Capital from Top European eHealth Provider and Closes on Merger with Strategic Partner
8. Phreesia Secures $11.6M Series C Funding Led by BlueCross BlueShield Venture Partners and Sandbox Industries
9. SpectraScience Secures Distribution for WavSTAT(R) Cancer Diagnosis System in Greece & Cyprus
10. Diagnosoft(R) Secures $4 Million in Financing and Appoints a New President and CEO
11. Stuart M. Goldstein, Southern New Jersey Patent and Intellectual Property Attorney, secures a New Revolutionary Eco-Friendly Patent
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance that covers care ... have a waiver for care if the client has a cognitive impairment diagnosis. ... for care, is often waived, so the benefits from their insurance start immediately,” said ...
(Date:10/13/2017)... ... October 13, 2017 , ... ... giving viewers the lowdown on sciatica in a new episode of "Success Files," ... on current events and innovation and investigates each subject in-depth with passion and ...
(Date:10/12/2017)... ... October 12, 2017 , ... CitiDent and ... apnea using cutting-edge Oventus O2Vent technology. As many as 18 million Americans ... frequent cessation in breathing. Oral appliances can offer significant relief to about 75 ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
(Date:10/12/2017)... Wesley Chapel, FL (PRWEB) , ... October 12, 2017 , ... ... Chapel is holding a treadmill relay – Miles by Moonlight to raise money for ... by donating $300 or more. , Teams will work together to keep their ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... Calif. , Oct. 11, 2017  BioPharmX Corporation ... scientific team that developed an innovative way to use ... of the delivery of new drugs. ... Fall Clinical Dermatology Conference will show how researchers from ... Hospital, Harvard Medical School used a suite of imaging ...
(Date:10/11/2017)... FRISCO, Texas , Oct. 11, 2017 /PRNewswire/ ... healthcare services, has amplified its effort during National ... patients about hereditary cancer risks. ... Journal of Clinical Oncology calculated that more than ... to have inherited mutations in BRCA1 or BRCA2 and ...
(Date:10/10/2017)... , Oct. 10, 2017  NDS received FDA 510(k) clearance ... a medical-grade battery-powered display stand specifically designed for endoscopy environments. An ... technology into a clinical solution to support the improvement of patient ... Innovative Design ... Wireless Solution ...
Breaking Medicine Technology: