Thursday, January 29, 2015

Clinicient Scores $7M In Debt Funding

Portland-based Clinicient, which provides outsource billing and other services to the outpatient, rehabilitation business, has scored $7M in debt, the company said this week. The debt funding came from Silicon Valley Bank. The company said the debt will go towards capital expenditures, to help enhance its integrated software and revenue cycle management services. Clinicient is led by Rick Jung, and has previously raised funding from Catalyst Investors.