Qinec, a UK, web-based medical practice management business, has raised £1.6m (approximately $2.5m) in funding.
The company intends to use the capital to expand the management team and continue to develop the product portfolio, including more sophisticated products in its core markets, such as primary care.
Led by CEO Robbie Hughes, Qinec currently provides doctors, ophthalmologists and physiotherapists with a cloud based management platform, which streamlines processes such as appointment booking, patient record-keeping, prescribing and billing. The company has recently been selected as the cloud platform for the UK outpatient network of a major blue-chip international insurer and healthcare provider and is in the process of signing up several other major private health insurer and healthcare providers. It has also secured distribution and licensing agreements outside the UK, including in the US.