MedTrainer strengthens all-in-one healthcare compliance platform with new $43M
Summary
MedTrainer, the Las Vegas, Nevada-based provider of credentialing, training and compliance management software solutions, yesterday announced it raised $43 million in new funding. MedTrainer offers a cloud-based software solution that provides what the company calls a unique, all-in-one compliance platform that drives higher revenues, streamlines workflows and eases employee onboarding for the healthcare industry. Steve Gallion, cofounder and CEO at MedTrainer, said the platform enables healthcare organizations to be fully compliant with all mandatory regulations by federal and state laws, saving them from stiff penalties and fines that come with non-compliance. Gallion said MedTrainer’s compliance software solution seamlessly integrates with a healthcare organization’s current system, making it a top driver of new sales. MedTrainer’s software covers compliance through a distinct set of modules that handles equipment management, incident reporting, accreditation and other functions.