PatientKeeper Inks $6M, Promotes Hazard to Chairman

Waltham, MA-based health IT company PatientKeeper announced today that it has added $6 million in growth financing, from Flybridge Capital Partners, New Enterprise Associates and Whitney & Company.

The company, which makes software for improving patient care and physician workflow, said the new money will go to product development and the expansion of its professional services organization. PatientKeeper also announced that Flybridge general partner Chip Hazard, who joined the company’s board as part of a $13 million funding round in 2009, will become chairman of the board.

PatientKeeper’s software enables doctors to electronically track patient care and medication, and can run on computers, laptops, smartphones, and tablets such as the iPad. The company has seen the number of physicians using its software increase from 9,300 in 2008 to more than 40,000 today, according to the press release.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.