Praesidian Capital Adds More Than $8.0 Million to Etransmedia Technology, Inc. Investment
Summary
Based in Troy, New York, the 13-year-old company delivers a comprehensive package of services and software solutions that automate processes, maximize cash flow and enable seamless communication to create a connected healthcare environment. The Revenue Cycle Management services ensure clients can benefit from the cash flow generated by faster turnaround times and a higher rate of return. Etransmedia’s software solutions include connectivity and the Connect2Care software platform which includes an integrated EHR/PM, patient engagement and personal health record, health information exchange, and ACO tools that support financial, clinical, and quality of care reporting and analytics. Etransmedia customers include some of the company’s leading healthcare systems and hospitals, as well as affiliated physician practices. With a focus on its core competency in senior and subordinated financing, Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing.
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