One Medical Passport Receives $4M Series A Investment by FCA Venture Partners to Accelerate Growth
Summary
The funds will be used to fuel the company’s aggressive growth plans as it continues to build out its cutting-edge software suite and finishes development of its comprehensive patient engagement solution. Founded in 2000 by Stephen Punzak, MD, an anesthesiologist who also holds a degree in finance from Boston College’s School of Management, the company initially focused on the pre-admission process. In 2015 the company announced that it was beginning development on a comprehensive patient engagement solution that will significantly enhance the capabilities of its core One Medical Passport software. One Medical Passport works with a facilitys current workflows and enhances the capabilities of existing information systems while generating an immediate and significant ROI. FCA Venture Partners, the venture capital manager of Clayton Associates, was founded in 1996 by R. Clayton McWhorter, founder of HealthTrust, Inc. and former chairman of Hospital Corporation of America (NYSE:HCA), and Stuart C. McWhorter, President and Chairman, to serve as a platform for investing in transformational healthcare and technology related strategies.