MedVentive Raises $3.5 Million in Second Round - Cambridge, MA

MedVentive, a Cambridge-based provider of business intelligence and patient outreach software that help providers and payers improve clinical outcomes and reduce costs, announced on Wednesday that it has raised an additional $3.6 million in its second round of venture capital from its existing investors, HLM Venture Partners and Long River Ventures. Also, the company named Nancy J. Ham as its president ad a member of its board of directors. Ham previously held executive positions at Sentillion and ProxyMed.

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