DAS Health, a Tampa, FL-based provider of health IT and management solutions, has secured a $6 million in facility financing through Fifth Third Bank to be used primarily for future acquisitions and growth. DAS recently completed its fifth acquisition in a three-year time span, each using only DAS’ own internal operating cashflow.
DAS Health’s excellent track record of success in integrating services and staff has led to continued expansion, allowing the company to provide existing clients with improved services and support as well as expand the organization’s service area and client base. The largest national reseller of Aprima® Medical Software, DAS offers a broad spectrum of practice management, IT and patient care solutions. Recent acquisitions have added eMDs® Plus, Lytec™, and Medisoft® EHR and PM platforms as well as expanded DAS’ managed IT solutions. Additional service offerings include security risk assessments, MIPS/MACRA reporting & consulting, mental & behavioral health screenings, chronic care management, revenue cycle management (RCM) medical billing and value-based care solutions.
“DAS is focused on helping independent physicians to thrive in a changing industry. This partnership with Fifth Third bank, along with our already strong operating results, allows us to rapidly expand our “buy-and-build” strategy, which in turn allows us to better serve our clients and find new ways for them to prosper,” David Schlaifer, DAS Health President and CEO, emphasized. “Although we have been courted by many banks, it was clear from the first conversation with Fifth Third that there was a culture match and they were the right partner for us going forward. We look to continue our rapid growth with the ultimate goal of helping clinicians across the United States focus on their patients, not worry about their business.”
DAS delivers superior health IT, medical billing and practice management solutions for nearly 2,000 clinicians and 6,000 users, servicing more than 8 million patients.
