How Much Did Practice Management Information Raise?
Funding & Key Investors

Practice Management Information Corporation (PMIC) has secured significant capital, with its total funding reaching $417K. The company recently announced a major strategic investment of $267K, underscoring its position in the health care industry's information solutions sector. This latest financing round follows previous debt financing, indicating a shift towards growth-oriented capital infusion.

What is Practice Management Information?

Practice Management Information
Media & InternetLive BloggingManufacturing

Based in Los Angeles, CA, Practice Management Information Corporation (PMIC) operates as an independent publisher and reseller of medical coding and compliance solutions. The company serves clients within the health care industry, providing essential resources such as coding, compliance, and practice management books and software. PMIC plays a crucial role in helping healthcare providers navigate complex regulatory environments and optimize their operational efficiency.

How much funding has Practice Management Information raised?

Practice Management Information has raised a total of $417K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$267K

Debt (2020): $150K with participation from PPP

Debt (2021): $267K led by PPP

Key Investors in Practice Management Information

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Practice Management Information?

The recent major strategic investment, contextualized by PMIC's large-scale late-stage funding, suggests the company is poised for significant expansion and market penetration. This capital infusion is likely to fuel advancements in their product offerings, potentially including enhanced digital solutions and broader market reach. The company's focus on medical coding and compliance positions it to benefit from the ongoing digitization and regulatory evolution within the healthcare sector, signaling a period of accelerated growth and strategic development.

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Frequently Asked Questions Regarding Practice Management Information Financial Insights

What are the most recent funding rounds that Practice Management Information has completed, and what were the funding rounds?
Practice Management Information has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Practice Management Information has raised to date?
Practice Management Information has raised a total of $417K in funding to date.
How many funding rounds has Practice Management Information completed?
Practice Management Information has completed 2 funding rounds.
How much funding did Practice Management Information raise in its most recent funding round?
Practice Management Information raised $267K in its most recent funding round.
Who are the lead investors in Practice Management Information's latest funding round?
The lead investor in Practice Management Information's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Practice Management Information's history?
The largest funding round in Practice Management Information's history was $267K.
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