EncounterCare seeks financing
NEWS IN BRIEF — Posted Feb. 5, 2007
EncounterCare Solutions Inc., which sells home health software and services, announced on Jan. 11 that it retained Capital Partners Group Ltd. to raise up to $13 million in funding. Of that funding, EncounterCare, Palm Beach Gardens, Fla., is seeking $10 million in long-term equity financing that it plans to use to complete acquisitions for which it has letters of intent.
Those acquisitions include JMJ Technologies Inc., an Atlanta provider of electronic medical records software to physicians. Kane St. John, chief operating officer of JMJ, told AMNews that the company expects the transaction to be completed.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2007/02/05/bibf0205.htm.