Qualifacts, a Nashville, TN-based Software-as-a-Service (SaaS) electronic health record provider (EHR) for behavioral health and human service organizations, received an investment from Warburg Pincus.
The private equity firm acquired the company from the previous investor, Great Hill Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate product development and expand sales and marketing efforts, as well as to identify strategic relationships and acquisition opportunities.
Led by David Klements, President & CEO, Qualifacts is a leader in cloud-based healthcare technology, providing integrated clinical, financial and administrative software solutions to the behavioral health and human service market. The company’s SaaS EHR platform, CareLogic Enterprise, is used
by more than 60,000 behavioral health professionals in 34 states.