Pulse Announces Strategic Investment by Cegedim Healthcare Software
For news media information, please contact Bruce Rowley, SVP, Sales and Marketing. (316) 634-8652
(July 28, 2010) – 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.
About Pulse Systems, Inc.
Pulse offers Electronic Health Records (EHR), Practice Management, ePrescribing and Revenue Cycle Management (Billing Services) used nationwide in more than 26 medical specialties. Pulse Practice Management and EHR products have both earned five star ratings from AC Group. Pulse Patient Relationship Management, version 4.1.02 is a CCHIT Certified® 2011 Ambulatory EHR, additionally certified for Child Health. Pulse was the first to receive this certification, which is intended to give healthcare providers maximum assurance that a product will meet their needs as well as support their achievement of Meaningful Use. Since 1982 Pulse has developed, marketed and supported healthcare practice workflow solutions that are easier to purchase, implement, learn, utilize and upgrade. This focus on making things easier for clients is the key to a remarkable 95% client renewal rate. Pulse is a part of Cegedim Healthcare Software (CHS), a division of $1.1 billion global healthcare technology company Cegedim Group. For more information, please visit www.pulseinc.com.
