What is PracticeForces?
PracticeForces specializes in providing essential patient consent management tools, including electronic form storage and automated reminder systems. Operating as a Business Associate, the company handles Protected Health Information (PHI) exclusively to deliver contracted services to its provider clients. This involves the secure storage and necessary access to patient data for support and consulting functions. PracticeForces maintains strict confidentiality policies for PHI, ensuring its immediate destruction upon completion of service requests by its clients.
How much funding has PracticeForces raised?
PracticeForces has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in PracticeForces
PPP
Public-Private Partnership
What's next for PracticeForces?
The recent large-scale, late-stage funding indicates PracticeForces is poised for significant expansion and market penetration. This strategic capital injection will likely fuel advancements in its technology, broaden its service offerings, and enhance its operational capacity to meet the growing demand for secure and efficient patient consent management solutions in the healthcare industry. The company is expected to leverage this investment to solidify its market position and explore new avenues for growth.
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