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News and Information Article
Company Reports More than 80 Percent Growth Over The Last Year
BOSTON, June 14 // -- PatientKeeper(R), Inc., the leading
developer of physician information systems, today announced that it has
closed an $8 million round of funding. This round of funding includes a
syndicate of leading healthcare venture capital firms including Frazier
Healthcare, Mediphase Venture Partners, Mosaix Ventures, New Enterprise
Associates, Pacific Venture Group, Saints Capital, and Whitney & Co. The
proceeds will be used to expand operations to meet growing customer demand
and invest in new product development to extend the companys leadership
position in physician information systems.
"Innovative products that are embraced by both physicians and hospitals
have helped establish PatientKeeper as a market leader in physician
information systems," said Ryan Drant, general partner of New Enterprise
Associates and a member of the PatientKeeper Board of Directors. "The
healthcare information technology marketplace offers a tremendous growth
opportunity for an independent company like PatientKeeper. The Board and
the investor group are enthusiastically behind the PatientKeeper management
team as they continue to grow rapidly and build a very successful company."
Only PatientKeeper is designed to support a physician throughout the
entire day, across all settings of care. PatientKeepers applications allow
physicians to access their patients electronic records, write
prescriptions, enter charges for services, document patient encounters, and
securely send messages to other caregivers -- all in a single, integrated
environment.
This approach has made PatientKeeper an integral part of the strategies
of organizations across the healthcare continuum -- ranging from small
physician practices to community hospitals to major academic medical
centers to some of the largest health systems in the country.
PatientKeepers customer base now includes over 100 organizations,
representing over 300 hospitals.
"I am excited that this funding round was both oversubscribed and
completed only by our current investors," said Paul W. Brient, chief
executive officer of PatientKeeper. "It is a strong endorsement of our
strategy and gives us the ability to continue to invest in support of our
continued growth."
About PatientKeeper
PatientKeeper(R), Inc. provides physicians with software that delivers
clinical and financial benefits. Only PatientKeeper is designed to support
a physician through the entire day. At any time, anywhere, physicians can
access their patients electronic records, write prescriptions, enter
charges, dictate notes, document encounters, place orders, or send secure
messages to other caregivers -- all in a single integrated environment.
PatientKeeper is a winner of a 2006 Microsoft Healthcare User Group
(MS-HUG) Award, 2005 AMDIS (Association of Medical Directors in Information
Systems) Award for CHRISTUS Health, 2005 Frost & Sullivan Award for
Industry Innovation and Advancement, and other industry awards. For more
information, visit http://www.patientkeeper.com or call 617-987-0300.
Contact:
Stephen S. Hau, PatientKeeper, shau@patientkeeper.com, (617) 987-0304
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