March 26, 2019
Frontier Capital, a Charlotte, North Carolina-based equity firm with a focus on technology, has made a significant investment in Clearwave Corp., which specializes in digital payments and insurance technology in the healthcare space, according to a press release.
Atlanta-based Clearwave specializes in digital check-in, insurance verification and payments collection for hospitals, private physicians, urgent care centers and other medical facilities.
Funding will be used to enhance the company’s technology, expand sales and marketing, hire additional employees and improve the customer experience.
"As an early innovator in digital patient intake solutions, we believe our success is a direct outcome of our focus being in alignment with our healthcare providers — providing the best possible patient experience," Clearwave CEO Gerald White said in the announcement.
Andrew Lindner, a partner at Frontier and company vice president Tim Bechtold, will join the Clearwave board of directors.
Topics: Financial News, Technology Providers
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