StrataPT, a billing practice management software provider, has received $25 million in funding led by Council Capital. The company offers a SaaS-based platform that integrates electronic medical records, revenue cycle management, billing, and collections. This platform serves outpatient therapy clinics by combining therapy documentation and billing into one solution. The funds will be used to expand their services for these clinics. StrataPT aims to increase transparency and streamline clinical processes in healthcare billing. Other companies in this market include NextGen Healthcare and Athenahealth, which offer similar services to healthcare providers. Council Capital’s support will help StrataPT reach more clinics and enhance their capabilities.
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StrataPT secures $25M to boost outpatient therapy practices
