DocuTAP, Inc., a Sioux Falls, S.D.-based provider of healthcare technology for urgent care, received a majority investment from Warburg Pincus, a global private equity firm focused on growth investing.
The terms of the transaction were not disclosed.
The investment will enable the company to expand its product line.
Formed in 2000 by Chief Executive Officer Eric McDonald, DocuTAP provides software for electronic medical records, practice management software and revenue cycle management to urgent care and primary care clinics. Its EMR and Practice Management software fully integrates practice management and electronic medical records capabilities including revenue cycle management services, analytics, a business intelligence tool with custom reports and built-in industry benchmarks.
The company’s team of 250+ employees serves over 1,300 urgent care and on-demand primary care clinics.