NEW YORK, July 29, 2013 /PRNewswire/ -- SigmaCare is pleased to announce that it has secured new equity funding from Marlin Equity Partners and existing investors. Marlin Equity Partners is a leading health care investment firm with over $2.6 billion of capital under management. SigmaCare delivers best-in-class clinical software to the long-term and post-acute care market enabling providers to improve quality of care and financial results by driving down costs, increasing revenue and reducing risk and re-hospitalizations.
"The funding from Marlin Equity Partners will allow SigmaCare to expand our nationwide presence, accelerate product innovation and strengthen interoperability initiatives," said Steve Pacicco, CEO of SigmaCare. "Marlin's broad resources and expertise make them the right partner to help SigmaCare address the rapidly changing needs of our customers and the market."
"Marlin Equity Partners is committed to building on SigmaCare's longstanding customer relationships and the investment reflects our confidence in SigmaCare's technology, services and management team," said Jim Brady, Group President of Health Care at Marlin Equity Partners. "With the new funding, SigmaCare is poised to become the national leader in the long-term and post-acute care technology market."
About Marlin Equity Partners
Marlin Equity Partners is a global private investment firm with over $2.6 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 60 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
SigmaCare® develops and markets innovative, best-in-class clinical solutions for long-term and post-acute care (LTPAC) facilities that lower risk, reduce rehospitalizations, decrease costs and increase reimbursement. SigmaCare automates the complete workflow, delivers clinical decision support, integrates with third-party providers and improves coordination across care settings. SigmaCare's hands-on professional services drive adoption and a rapid return on investment with a proven implementation methodology and consulting services. Learn how SigmaCare helps LTPAC facilities become the most successful providers in their markets by visiting us at www.sigmacare.com.
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