MedeAnalytics Lands $50,000,000 New Funding

  • Feed Type
  • Date
    7/28/2008
  • Company Name
    MedeAnalytics
  • Mailing Address
    5858 Horton Street Emeryville, CA 94608
  • Company Description
    If you’re a healthcare executive, you’re constantly under pressure to grow margins, increase cash, mitigate risk, and reduce costs. Many leading health systems – like Kaiser Permanente, Triad Hospitals , Partners Health System, Cedars-Sinai, Cleveland Clinic, and Tenet Healthcare – have chosen MedeFinance business intelligence services to improve their financial performance.
  • Website
    http://www.medefinance.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Mede plans to use the financing proceeds to fund new growth initiatives and acquisition opportunities. The company also used a portion of the proceeds to complete a stock repurchase from certain existing investors.
  • M&A Terms
  • Venture Investor
    Bain Capital Ventures

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