Avalon Healthcare Solutions, a Tampa, Fla.-based clinical and information technology company, raised a second round of investment from Francisco Partners.
Financial terms of the transaction were not disclosed.
The capital will be used to enhance Avalon’s comprehensive laboratory management technology and clinical capabilities, as well as to strengthen growth opportunities.
Led by Dr. Bill Kerr, chief executive officer, Avalon provides physicians, consumers, and payers with tools to manage the use of thousands of diagnostic laboratory tests. The company uses evidence-based medical science to develop and deploy clinical policies and proprietary software and to manage a national network of providers in the lab environment.
FinSMEs
07/01/2016