DrFirst Secures $25M in Equity Financing

DrFirst_LogoDrFirst, a Rockville, Md.–based provider of healthcare IT solutions, secured $25m in equity financing.

Goldman Sachs made the investment.

The company, whih has raised $42M in the past year, including a $5M investment commitment from Savano Capital Partners and a $12M credit facility from SunTrust Bank, intends to use the funds to expand its sales and marketing resources, as well as development resources for both existing and new products, and for other strategic initiatives.

Led by G. Cameron Deemer, President, DrFirst provides technology solutions that optimize provider access to patient information, enhancing the doctor’s clinical view of the patient, and improving care delivery and clinical outcomes.

The company currently serves over 330 EMR/EHR/HIS partners and an extensive network of providers, pharmacies, hospitals and post-acute care facilities.

FinSMEs

15/10/2015

Join the discussion