Intelligent Medical Objects, Inc. (IMO), a Northbrook, IL-based provider of medical terminology solutions for electronic health record (EHR) systems, received a growth capital investment from funds affiliated with global private equity firm Warburg Pincus.
The amount of the deal was not disclosed.
The company intends to use the funds to further drive the expansion of IMO and the semantic highway for the health information ecosyste, to conduct future growth investments and strategic acquisitions.
Founded in 1994 by Frank Naeymi-Rad, Chief Executive Officer and Chairman of the Board, IMO is a provider of medical terminology content and services supporting clinical workflow. The company’s core products allow physicians to find and enter medical terminology at the point of care with an EHR system using solutions built on IMO’s proprietary content of over 800,000 clinical concepts and mapping to five million terms across more than 100 code sets.
IMO’s core team of clinicians, software developers and engineers combine computer science and medical expertise to allow healthcare providers to leverage health information to improve patient care.