SoftBank has exited the electronic health record platform through a $32.7m acquisition by medical school operator Afya.
Afya Participações, a subsidiary of medical education provider Afya, has acquired iClinic, a Brazil-based digital medical record technology provider backed by telecommunications firm SoftBank, for approximately R$183m ($32.7m).
Founded in 2012, iClinic has developed a software-as-a-service management system for clinics and doctor’s offices. It organises patients’ information and data by digitising their everyday routine, enabling healthcare providers to boost productivity and improve their services.
The company had raised an undisclosed amount of series B funding from SoftBank in August…