ChartLogic
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Black Book Says Unstable EHR Market Getting Agitated
2013 has been billed as the year of EHR dissatisfaction, with up to 23 percent of physician practices reporting they were trading in their current EHR system for a new brand altogether, and, according to a new Black Book Rankings report, there were only a handful of vendors that came out on top. Read More »
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Black Book: 81% Of Practices Committed To EHR Replacement
Unhappy physicians often daydream about being able to throw their cumbersome EHRs out the window, and plenty of providers are making that dream a reality, according to a new Black Book poll. [...] Read More »
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EHR Users Ditching Systems, Trading Up
Dissatisfaction with current EHR systems have many providers turning to new vendors 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 Systems and ChartLogic Merge
Medsphere Systems Corporation and ChartLogic, Inc., today announced that they have executed a definitive agreement to merge the two companies. The transaction will expand Medsphere’s existing enterprise healthcare IT products and services to include ChartLogic’s proven ambulatory electronic health record (EHR), practice management and medical billing solutions. ChartLogic will retain its name and operate as a division of Medsphere; the expanded company will offer integrated delivery networks and physician practices an affordable and interoperable choice that meets the clinical needs of providers across the spectrum of care...
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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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Open Source EHR Company Achieves 48 Percent Revenue Growth in 2016
Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare information technology (IT) solutions and services, is welcoming the new year with excitement and anticipation following a busy and historic 2016. Significant recent achievements include an expansion of company products and services as well as a record number of new clients and unprecedented revenue growth. The company’s ongoing efforts to make affordable healthcare IT more widely available have resulted in specific indicators from the previous calendar year of growth and success...
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South Africa’s Areta Health Selects Medsphere Healthcare IT Solutions
Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced that the company has reached an agreement with South Africa’s Areta Health for comprehensive support of the organization’s hospital network. The contract covers Areta Health’s Specialist Day Hospital (SDH) system spread throughout South Africa. The hospitals, in turn, anchor an integrated health network with remote clinics and in-home monitoring that allow patients to heal at home without sacrificing attentive care...
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