What is Precision Practice Management?
Precision Practice Management, Inc., founded in 1993 and based in Creve Coeur, Missouri, specializes in developing and implementing software and technology solutions tailored for medical practices. The company's comprehensive suite includes electronic health records (EHR) software such as Encite Clinical Manager and Encite Lite, designed to streamline clinical operations and enhance patient care. Complementing its EHR offerings, Precision Practice Management provides Encite Billing Manager, a robust system for managing billing, scheduling, reporting, and EHR integration. The company also extends its expertise to mobile computing solutions, IT infrastructure, and website services, offering a full spectrum of technological support to physicians, hospitals, and various healthcare facilities, including rural health and emergency care centers. Previously known as Precision Billing Services, Inc., the company rebranded in November 2001 to reflect its expanded focus.
How much funding has Precision Practice Management raised?
Precision Practice Management has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Precision Practice Management
PPP
Public-Private Partnership
What's next for Precision Practice Management?
The recent major strategic investment signals a pivotal growth phase for Precision Practice Management. This capital infusion is likely to fuel further development of its core software solutions, potentially expanding its market reach and enhancing its competitive edge in the health-tech sector. Strategic partnerships and acquisitions may also be on the horizon as the company leverages this financing to solidify its enterprise-level offerings and adapt to the evolving demands of healthcare technology.
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