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Press Release
Verinform Receives
Second Funding Round: Lead Equity Investor to take Board
Seat
July 29, 2003 - Portland, Oregon
Verinform Systems, Inc., announced today that
it has received a second round of financing from a group of private
investors. The round, now closed, was lead by HPK, LLC, a holding
company of one of the region’s leading philanthropic families,
the Keller Family. The amount raised is not being disclosed at this
time.
“This funding round is a vote of confidence
from our investors,” said Dina Dickerson, Verinform’s
President and Chief Executive Officer. “They know that medical
education programs throughout the nation are under immediate pressure
to install regulation-compliant systems governing 80-hour work week
rules for medical residents. In today’s challenging economic
environment, institutions are also recognizing the need for faster,
more accurate and much less laborious ways to generate Medicare
Cost Reports and to recover lost revenues through more accurate
tracking of affiliate reimbursements. Verinform provides the only
enterprise-wide solution available to the market today.”
Verinform is also pleased to announce the appointment
of Libby Keller McCaslin to the organization’s board of directors.
Ms. McCaslin, an officer of HPK, LLC, the Keller Family holding
company, holds a J.D. from Lewis and Clark College Northwestern
School of Law and a Bachelor’s degree in English from Stanford
University. She is active in community affairs and resides in Portland
with her husband and three children.
About Verinform
Verinform Systems, Inc. provides enterprise-grade software solutions
for academic hospitals, clinical environments and public health
laboratories. Software applications are developed on the Verinform
Protocol Manager (VPM™) platform, a set of browser-based database
and workflow tools that allows for the rapid deployment of highly
customized, extremely secure and regulation-compliant solutions.
For more information on Verinform, please visit them on the web
at www.verinform.com or call 503-231-8912.
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