StrataPT Raises M Financing Round

SARASOTA, FL, Today, StrataPT, the only billing-aware practice management platform for outpatient therapy clinics, announced it has secured $25 million in financing led by Council Capital.

The funding comes as StrataPT experiences explosive growth led by demand for its SaaS-based platform that combines Electronic Medical Records (EMR), Revenue Cycle Management (RCM), billing, and collections into a single solution that helps practitioners improve cash flow and focus on patient care.

StrataPT is the only billing-aware practice management platform for outpatient therapy clinics. Built by experts in Electronic Medical Records (EMR) and Revenue Cycle Management (RCM), StrataPT is the strategic billing partner for physical, occupational, and speech therapy practices. StrataPT seamlessly brings together therapy documentation and billing into one full-service platform designed to deliver transparency so every practice can optimize growth. By accelerating the billing process with a reliable, SaaS-based solution, StrataPT helps practices realize a nearly 100% reimbursement rate so practitioners can improve cash flow and focus on patient care while eliminating stress so they can get back to the joy of operating their business.

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By VC News Daily

Source: VC News Daily