#Capitol one healthcare software#

'We are excited about the growth of PracticeTek since our majority investment in November 2021 and the new areas of opportunity that this transformative merger with IPS brings to customers across the healthcare provider value chain,' said Mark F.

Current and future clients are expected to benefit from a one-stop solution that will increase practice efficiency, enhance clinical outcomes, and improve patient care and experience.

#Capitol one healthcare software#

The new PracticeTek will deliver comprehensive retail healthcare software workflow with pre-encounter, encounter, and post-encounter solutions made available to the 500,000 providers in the market. and Canada, including electronic health records, practice management software, business intelligence and analytics, digital intake forms, digital marketing, website solutions, and patient engagement tools. The combined company will offer innovative solutions to over 40,000 retail healthcare providers in the U.S. Terms of the transaction were not disclosed. George Ahn, CEO of IPS, has been named the new CEO of PracticeTek and Eric Leaver, the former CEO of PracticeTek, is transitioning to an advisor role. Lightyear and GSV will partner with existing IPS investor, Waud Capital Partners ('Waud Capital'), which is reinvesting in the go-forward business with a minority stake.

Lightyear Capital ('Lightyear') will maintain its majority ownership in PracticeTek and current investor, Greater Sum Ventures ('GSV'), will continue to hold its investment. The combined company will retain the PracticeTek brand. & SAN DIEGO, September 05, 2023-( BUSINESS WIRE)-PracticeTek, a leading provider of software and payments solutions to the retail healthcare market, today announced it has merged with Integrated Practice Solutions ('IPS'), a premier practice management and electronic health record software platform to form one of the nation’s largest retail healthcare solutions providers.