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Recently Funded|Amount: USD 25.0M|Industry: Financial Services

Revolutionizing Therapy Practices: StrataPT Secures $25 Million in Funding for EMR Platform Expansion

StrataPT

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11-50 employees employees (Est.)
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StrataPT, the leading provider of integrated Electronic Medical Records (EMR) and Revenue Cycle Management solutions tailored specifically for Physical, Occupational, and Speech Therapy practices, is excited to announce the successful completion of a $25 million funding round. This significant investment underscores the growing demand for comprehensive, user-friendly healthcare technology solutions that streamline operations while maximizing reimbursement rates. With StrataPT’s platform achieving an exceptional 99.99% reimbursement rate, therapy practices can now focus more on patient care and less on administrative burdens. The funds raised will be allocated towards enhancing our technological infrastructure, allowing us to continue innovating our EMR and revenue cycle services. This investment will enable us to amplify our research and development efforts, expanding both our service offerings and improving the overall user experience. Additionally, we aim to broaden our customer support capabilities to ensure our clients receive unmatched guidance as they navigate the complexities of revenue management and electronic record-keeping. At StrataPT, we believe that seamless workflows and high-level financial performance do not have to come at the expense of patient experience. Our commitment to merging world-class customer service with cutting-edge technology makes us the preferred choice for therapy practices looking to thrive in an increasingly competitive healthcare landscape. With this funding, we are positioned to further solidify our role as an industry leader, bringing tools and resources that empower practitioners to enhance patient outcomes while maximizing their practice’s financial health.
October 1, 2024

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