Ambulatory Vendor Raises Capital

Physician practice management and electronic health records vendor MedLink International has raised $2.25 million in new capital.


Physician practice management and electronic health records vendor MedLink International has raised $2.25 million in new capital.

The Ronkonkoma, N.Y.-based vendor's investment banker, Aegis Capital Corp., raised $1 million through a private placement and $1.25 million by selling convertible notes to institutional investors.

MedLink recently acquired MedAppz LLC, which also sells ambulatory applications. The acquisition gave MedLink Web-based technology and expanded its market reach into 23 states. More information is available at medlinkus.com.

--Joseph Goedert

 

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