UK-based online employee health record solution secures £2.25M funding from BOOST&Co
Medical Management Systems (MMS), the company behind UK’s leading online employee health record solution, Meddbase, has secured a £2.25 million investment from BOOST&Co, an alternative lender.
Eyes to expand online platform
The company will use the investment to continue to develop its practice management and patient record system. Also, MMS will continue to expand the capabilities of its online platform to secure contracts within new verticals and markets.
Besides this investment, the product is one of the finalists for Healthcare Technology Provider of the Year in 2021 Health Investor Awards.
Oliver Reece, principal at BOOST&Co said: “We’re delighted to be able to provide this support for MMS and are excited to work with the team through this next chapter of their journey. MMS represents a great example of how investment can accelerate growth and we are pleased to support the business as it expands internationally and pursues a strategy that is clear and well thought through.”
Will Temple, Managing Director at MMS said: “Since 2004 we have been pioneering the development of cloud-native systems capable of managing every aspect of medical businesses securely online. Our mission to join up healthcare processes, using our market-leading platform Meddbase, has been built on continuous innovation. There is always more work to be done to remain at the forefront of technological advances in healthcare, and this investment from BOOST&Co will enable us to continue to expand the product offering and further grow the business.”
Focuses on healthcare professionals
Meddbase created by British software company MMS is a leading online EHR solution in the UK. It is designed for healthcare professionals who want to access secure practice management and patient record system accessible from any device. Meddbase allows health and care businesses across all medical disciplines to carry out patient-led services securely using any modern web-enabled device, including laptops, tablets and smartphones. Developed and hosted in the UK, Meddbase has offices in London and Southampton.