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Healthx receives $22M capital infusion

IBJ Staff
January 6, 2012
Keywords
Banking & Finance, Health Care, Health Care & Insurance, Health Care & Life Sciences, Health Care Businesses, Investing
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Indianapolis-based Healthx Inc., a provider of online health care portals to health insurers, medical providers and employers, has received a $22 million investment from a private-equity firm in Charlotte, N.C.

Frontier Capital announced the investment on Thursday and said the funding will support the company’s continued expansion.

Founded in 1998, Healthx develops self-service communication and data integration portals for the health care and human resources industries. The company, located in The Precedent Office Park on the north side, has 65 employees.

Healthx President and CEO Greg Bell will continue to lead the company, Frontier Capital said.

The transaction closed on Dec. 28.
 

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  • Venture Capital Money Flow
    TerryJanuary 8, 2012 8:51 AM
    It is good to see venture capital money flowing to viable business opportunities. While I have no inside knowledge of Healthx, I wish them well and hope they need more employees going forward.
    Reply to CommentFlag Comment

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