Management Health Solutions Secures $7.0M

Management Health Solutions, Inc., a Fairfield, CT-based provider of supply chain management solutions to hospitals and healthcare providers across the United States, completed a $7.0m Series B equity funding.  
The round was led by Enhanced Equity Fund, L.P., with participation from Radius Ventures, LLC, the company’s existing institutional investor.
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 addition of AtPar’s mobile technology complements MHS’s Optimal Inventory Control (OPTICSM) model – the company’s proprietary process of clinical inventory optimization – by adding handheld inventory tracking technology to its suite of supply chain management solutions.
The capital infusion will also fund continued growth and expansion of the company’s suite of hospital supply chain management offerings.

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