PointClickCare Receives Minority Investment from JMI Equity
Published On February 28, 2011 |
PointClickCare, a Mississauga, ON, Canada-based electronic health record (EHR) platform for the long-term care industry, has received a minority investment of undisclosed amount from JMI Equity.
The company intends to use the funds to continue to expand its software-as-a-service (SaaS) products and services and also grow through inorganic opportunites.
In conjunction with the funding, JMI Equity Founder and Managing General Partner Harry Gruner will join PointClickCare’s board of directors.
Led by CEO Mike Wessinger, the company serves over 5,000 facilities throughout North America, from small facilities to large, multi-facility operators. Its SaaS offering integrates clinical, billing and administrative processes and is designed to maximize reimbursements, enhance quality of care, improve operating efficiencies and increase staff productivity and satisfaction.