- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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Medsphere Systems and ChartLogic Merge to Create Integrated Health IT Platform
Medsphere Systems Corporation and ChartLogic, Inc., today announced that they have executed a definitive agreement to merge the two companies. Financial details of merger were not disclosed. The merger will help expand Medsphere’s existing enterprise healthcare IT products and services to include ChartLogic’s proven ambulatory EHR, practice management and medical billing solutions. As part of the merger, ChartLogic will retain its name and operate as a division of Medsphere. Founded in 1994,
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