Drchrono gains $12M in financing round

Mountain View, Calif.-based drchrono raised $12 million in a series A round of funding. Drchrono is a provider of EHR, practice management, medical billing, revenue cycle management and healthcare application programming interface solutions.

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Drchrono will use the funds to grow its business and invest in platform innovation, talent acquisition and operation expansion. The company plans to expand EHR features and capabilities as well as RCM services for larger healthcare organizations as well as its API to allow other developers to build on the drchrono platform.

In this funding round, Andre Bliznyuk and Oleg Koujikov, from venture capital firms Runa Capital and Maxfield Capital respectively, have joined the drchrono board of directors.

“Drchrono is at a pivotal stage in the company’s growth,” said Michael Nusimow, cofounder and CEO of drchrono. “Our platform is crossing a continuum of care as we expand our customer base from solo practices to midsize and now larger health organizations with an all-in-one EHR, practice management and RCM solution.”

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