Management Health Solutions Obtains $7,000,000 Series B Funding Round

  • Feed Type
  • Date
    4/27/2010
  • Company Name
    Management Health Solutions
  • Mailing Address
    501 Kings Highway East Fairfield, CT 06825
  • Company Description
    Management Health Solutions, Inc. (MHS) offers a range of services to the health care industry designed to improve efficiency and financial performance. Our service line includes third party physical inventory services, data cleansing and consulting services involving inventory management programs, process improvement strategies, and information technology solutions.
  • Website
    http://www.mhsinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The Series B investment was used to fund the company’s recent acquisition of AtPar, Inc., a provider of mobile technology solutions that increase efficiencies in managing clinical supply inventories primarily within the hospital setting. The investment will also fund continued growth and expansion of the company’s suite of hospital supply chain management offerings.
  • M&A Terms
  • Venture Investor
    Radius Ventures
  • Venture Investor
    Enhanced Equity Fund