Medical Present Value Secures $14,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd554e77-a06d-4b08-bac9-16bae84f542f&Preview=1
Date
3/29/2006
Company Name
Medical Present Value
Mailing Address
5000 Plaza on the Lake Austin, TX 78746
Company Description
MPV provides medical groups with financial tools and expert consultative services to monitor payor performance, verify reimbursement, reduce registration, coding and posting errors, negotiate better contracts and improve overall cash flow.
Website
http://www.mpv.com
Transaction Type
Venture Equity
Transaction Amount
$14,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The new financing will allow MPV to accelerate business growth, penetrate new markets and aggressively expand its product offerings to current and prospective clients.
M&A Terms
Venture Investor
Rho Ventures
Venture Investor
CenterPoint Ventures
Venture Investor
Star Ventures