behavioral health hospitals
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An Unfunded EHR Mandate for Behavioral Health: All Stick, No Carrot
Why politics, parity and performance requirements mean behavioral health hospitals should adopt now Read More »
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Medsphere Closes $32 Million Financing Led by Morgan Stanley Expansion Capital
Medsphere Systems Corporation...today announced the closing of $32 million in financing from Morgan Stanley Expansion Capital and East West Bank. The company will use the funds to address accelerating demand for Medsphere's comprehensive suite of healthcare IT solutions and services, and for strategic acquisitions. "Medsphere's breadth of offering combined with their depth of functionality and overall affordability differentiates it from the rest of the industry," said Bill Reiland, Managing Director of Morgan Stanley Expansion Capital and Head of Morgan Stanley Expansion Credit. "The company is a true innovator, giving hospitals and clinics the workflow and technology they need at prices they can pay. We're excited to invest in Medsphere as they continue to share their unique offering with healthcare organizations."
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Medsphere to Grow Interoperable Healthcare IT Platform with $40 Million Preferred Equity Investment from TPG Sixth Street Partners
Medsphere Systems Corporation...today announced new $40 million funding to support organic growth and pursue opportunistic strategic acquisitions through a preferred equity investment by TPG Sixth Street Partners. "We are pleased to add a new partner to our software solutions-driven campaign for quality, affordable healthcare," said Medsphere President and CEO Irv Lichtenwald. "Our technology and business model allow all providers to address core needs and we are energized by the support of institutions like TPG Sixth Street Partners." "Medsphere represents a compelling opportunity to support a differentiated healthcare technology platform," said Michael McGinn, Partner and Co-Head of TPG Sixth Street Partners' Capital Solutions business.
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Medsphere Voices Support for Helping Families in Mental Health Crisis Act of 2015
House legislation seeks to close gaps for families facing mental health challenges, extends federal support for health IT adoption to mental health providers Read More »
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Opioid Epidemic Makes EHRs Essential to Public Health
When public health is threatened by an outbreak of SARS or Zika or avian influenza, widely disseminated information becomes a crucial tool used to curtail the spread of disease. But transmittable diseases are not the lone threats to public health. Other metaphorically pathogenic events—the current opioid epidemic, for example—are more effectively managed by making sure doctors have complete information when evaluating patients and, especially, writing prescriptions.
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