MedAptus Lands $6M Financing

3/19/09

MedAptus, a Boston-based provider of billing software for medical practices and hospitals, reports it has raised $6 million in a financing. The financing, led by previous investor Boston Millennia Partners, is intend to expand MedAptus’s “Intelligent Charge Capture” software business. MedAptus says that one feature of its software is to enhance organizations’ investments in electronic medical records. The electronic records have become a hot topic since President Barack Obama allocated $19 billion for EMRs in his $787 billion federal stimulus package passed by Congress in February. (Here’s a recent interview I did on the topic with Athenahealth CEO Jonathan Bush.)

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