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Follow on Google News | MedHOK Announces $77.5 Million Growth Equity Investment …By: MedHOK “Our vision for MedHOK was to create a platform that improves quality of care by enabling our stakeholders to proactively manage care in a compliant manner,” said MedHOK CEO Anil Kottoor. “Our technology team brought that vision to life and, as a result, MedHOK has positively impacted the lives of more than 22 million health plan members. As we move into the next phase of growth, we believe there are significant benefits to partnering with two of the nation’s premier private equity firms with proven track records in healthcare. I look forward to leveraging the experience and guidance of Bain Capital Ventures and Spectrum Equity as we work together to continue to drive MedHOK’s growth and maximize its market potential.” “Along with care and quality, we believe that compliance and risk mitigation will continue to be top priorities for health plans and that MedHOK’s platform is very well-positioned to address these needs,” said Jim Quagliaroli, Managing Director at Spectrum Equity. “As a rapidly growing software platform addressing a large and complex market opportunity, MedHOK is a great fit for Spectrum Equity, and we look forward to working with Anil and the MedHOK team.” MedHOK’s unique Software-as- End
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