Xconomy Boston

PatientKeeper Inks $6M, Promotes Hazard to Chairman

Erin Kutz12/22/11Leave a Comment

Waltham, MA-based health IT company PatientKeeper announced today that it has added $6 million in growth financing, from Flybridge Capital Partners, New Enterprise Associates and Whitney & Company.

The company, which makes software for improving patient care and physician workflow, said the new money will go to product development and the expansion of its professional services organization. PatientKeeper also announced that Flybridge general partner Chip Hazard, who joined the company’s board as part of a $13 million funding round in 2009, will become chairman of the board.

PatientKeeper’s software enables doctors to electronically track patient care and medication, and can run on computers, laptops, smartphones, and tablets such as the iPad. The company has seen the number of physicians using its software increase from 9,300 in 2008 to more than 40,000 today, according to the press release.

Erin Kutz is an Associate Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700, or follow her on Twitter at @erkutz.

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