BOSTON, Dec. 11, 2007 — MedAptus(R), the leading provider of revenue enhancing charge capture solutions, today announced that Douglas Percy has joined the company as president and chief executive officer.
Mr. Percy is a seasoned software executive that has served in a variety of corporate leadership roles over the past 25 years. His background includes deep knowledge of, and expertise in, the health information technology sector. Mr. Percy previously served as president of HPR, Incorporated. Over the course of his tenure at HPR, provider of clinical information systems to the payer market, the company experienced significant customer acquisition and revenue growth, as well as a highly successful initial public offering.
"I am excited to join MedAptus at what is essentially a point of inflection for the company. MedAptus has evolved tremendously since its founding in the era of mobile healthcare – the company's portfolio now includes thousands of satisfied and enthusiastic users, a robust eighth-generation charge capture solution for physicians, and the industry's only offering for the management of facility charges," said Douglas Percy, president and CEO of MedAptus.
Mr. Percy most recently acted as president and chief executive officer of Blue Agave Software. His background additionally includes executive leadership roles at technology companies such as GEAC Computer Corporation and Pansophic Systems.
"Welcoming a software veteran of Doug's caliber to the MedAptus team is an enormous win. His expertise and success in leading fast-growing software companies will only further elevate MedAptus as the premier provider of charge capture to physicians and hospitals," stated Dennis Mitchell, vice chairman of the board for MedAptus.
"I applaud MedAptus' management team and employees for the culture of success they have created. I look forward to leveraging Dennis' years of experience as MedAptus' chief executive and expect that in his role as vice chairman he will contribute strongly around corporate strategy, business development and customer relations," added Mr. Percy.
"Over the course of his highly successful career, Doug has repeatedly demonstrated himself to be an effective leader of privately funded companies experiencing growth," said Dana Callow, managing general partner of Boston Millennia Partners and chairman of the MedAptus Board of Directors. "To say that 2007 has been a monumental year for MedAptus would be an understatement – there is no doubt that under Doug's direction, the company's momentum will only accelerate in 2008 and beyond."
About MedAptus Corporation
MedAptus believes that in order for point-of-care technologies to make sense, they must be easy to use, deliver demonstrable returns and also leverage an organization's current information technology investments. MedAptus' Revenue Cycle Management suite of products includes both Professional and Facility Charge Capture; the company also offers complementary clinical applications such as Dictation, Clinical Content, Electronic Prescribing, and Clinical Results. Enterprises that have deployed MedAptus solutions have realized millions of dollars in increased revenue, improved organizational productivity, and enjoyed enthusiastic user adoption. For more information, visit http://www.medaptus.com or call 617.523.1221.