Secure EDI Receives Significant Investment from Abingworth
Summary
Abingworth, the international investment group focused on life sciences and healthcare.Secure EDI , a North Carolina, US-based healthcare transactions integrator, creating electronic interfaces between medical and dental providers and payers, has recived a “significant” growth equity investment from, the international investment group focused on life sciences and healthcare.In conjunction with the investment, Abingworth Partners, Michael F. Bigham and David J. Mayer joined Secure EDI’s Board at completion of the transaction.The company, which currently operates in the US and Puerto Rico, provides on-line coverage verification, real time adjudication of claims, electronic funds transfer, on-line reconciliation and a full range of informatics for payers and providers.The investment was made from Abingworth’s growth equity fund, Abingworth Bioventures V Co-Invest Growth Equity Fund LP (AGE), and Abingworth Bioventures V. FinSMEs 05/05/2010
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
