Azalea Health Receives $45M Syndicated Debt Facility

Azalea Health, an Atlanta, GA-based provider of electronic health records and revenue cycle management solutions for community-based healthcare providers, received $45M in a Syndicated Debt facility.

The financing was provided by CIBC Innovation Banking.

The company intends to use the funds to continue to grow its business reach.

Led by CEO Baha Zeidan, Azalea Health provides a cloud-based SaaS solution that offers electronic health records integrated with telehealth functionality, revenue cycle management, and mobile health applications for rural, community and urban practices and hospitals.

The company serves a variety of ambulatory, inpatient, and specialty care settings, with a focus on helping underserved healthcare providers in the U.S.

FinSMEs

19/12/2022