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MedSynergies secures $24 million in funding from FTVentures

Published in Healthcare Mergers, Acquisitions and Ventures Week, August 28th, 2004

MedSynergies, Inc., has secured $24 million in funding from San Francisco and New York-based FTVentures.

This is the first institutional round of funding for MedSynergies and will be used to grow its business and expand its geographic markets and services for healthcare providers, primarily physician groups, hospitals and corporate providers in the United States.

MedSynergies, founded in 1996 by a group of visionary physicians, now serves more than 400 healthcare providers in 17 states. The company's suite of services and products helps medical professionals optimize their revenues and accelerate cash flow while reducing costs.

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