Hospitalists Now Receives $2.5m Credit Facility from Square 1 Bank
Summary
Hospitalists Now, Inc., an Austin, TX-based hospital management company, received a $2.5m credit facility from Square 1 Bank. The company intends to use the capital for working capital and for growth puroposes. Hospitalists provides customized solutions to improve clinical and operational outcomes in hospitals and private medical practices. Its proprietary technology suite, HM VitalSigns™ (patent pending), is designed to improve patient outcomes while improving clients’ operating performance by strengthening the revenue cycle, controlling costs and reporting key performance indicators.
Funding
Amount
$2.5M
Total raised
Date
February 12, 2013
Announcement date
Investors
Square 1 Bank
Lead investors
Company
http://www.hnihealthcare.com
Funded company
Classifications
industries
HealthTech
applications
Human Resources
AskAI Classifications
Labels
Healthcare Software
SaaS
Value-Based Care Technology
Linked Companies
HNI Healthcare
$10M to $25M