Strategic Investment by Cegedim Healthcare Software
Pulse is pleased to announce that it has joined Cegedim Healthcare Software (CHS) – a division of Cegedim Group. Through this strategic investment, Pulse will continue to operate independently with its existing management team, personnel, locations, products and services, and will receive a $13.5 million capital infusion. This investment will immediately provide capital to accelerate aggressive growth of its Electronic Health Record (EHR) and Practice Management(PM) solutions as well as development of next generation Pulse products including its web-based solutions. Pulse growth plans include the addition of more than 350 new employees in all departments by the end of 2012 and additional offices in key expansion markets.
CHS is the European leader in medical software including EHR products geared to the European markets. CHS currently serves 119,000 physicians and 16,000 pharmacies in Europe but does not have any medical software presence in the US. The Pulse existing and future products and services will serve as the platform for the US market going forward.
“We are very pleased and energized about the investment in the Pulse solution,” said CEO and President of Pulse Basil Hourani. “It is recognition that our EHR and PM software is a future-ready solution and the right platform. This investment strengthens our ability to continue Pulse’s strong momentum and record-setting growth that we have been experiencing, and take advantage of the expected growth in the healthcare IT market fueled by the unprecedented government incentives.”
Clients will continue to enjoy the personal service and support from Pulse management and personnel. Pulse will continue to be headquartered in Wichita, KS with offices in; Boston, MA, Dallas, TX, and Kansas City, MO.