Allscripts joined existing Humedica investors Bain Capital Ventures, General Catalyst Partners, North Bridge Venture Partners and Leerink Swann.
In May 2011, Nasdaq-listed healthcare provider Allscripts made a strategic investment in Humedica “to enhance its existing portfolio of analytics solutions and address a fundamental shift in the way healthcare providers are paid”.
Allscripts joined existing Humedica investors Bain Capital Ventures, General Catalyst Partners, North Bridge Venture Partners and Leerink Swann.
In 2008, Humedica raised $29.5m.
Glen Tullman, chief executive of Allscripts, said: “Our partnership with and strategic investment in Humedica augments our successful reporting and analytics solutions, with a cloud-based informatics engine that’s fine-tuned to meet some of the most pressing challenges of payment reform.
“In addition, because some of our key clients already have adopted Humedica, we’ve had the opportunity to see how powerful the solution is and how much more we could do together to advance patient care.”