Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Arsenal Capital Partners Announces Recapitalization Investment in TractManager, Inc.

 

NEW YORK, Jan. 7, 2013 /PRNewswire/ -- Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle market healthcare and specialty industrial companies, today announced a majority investment in TractManager, a leading provider of technology-enabled compliance and business process improvement services for healthcare organizations. An investment group led by Mr. Thomas A. Rizk, founder and CEO of TractManager, will continue to maintain a significant investment in the Company. Mr. Rizk will continue in his capacity as CEO.

TractManager, founded in 2000, currently provides its solutions to more than 6,000 healthcare facilities with over 130,000 users in the United States and internationally. Through a unique combination of professional services and SaaS-delivered technology, TractManager assists healthcare organizations in cost-effectively managing their commercial contracts and clinical documents in compliance with complex federal, state and local regulations. The Company's proprietary application and platform, MediTract, is easy-to-use and intuitive, deployed rapidly via the cloud, customized easily and integrated with other enterprise applications or platforms, avoiding much of the expense and complexity of traditional enterprise software development and implementations. This software application is paired with Company expertise in compliance requirements and best practices of contract conformance delivered as an ongoing service to its clients. 

Stephen McLean, a Partner at Arsenal and Co-Head of the firm's Healthcare Group, has assumed the role of Chairman of the Company. "We are delighted to welcome TractManager to our family of healthcare portfolio companies.  The Company maintains a sterling reputation as the most reliable, user-friendly, and easy-to-implement system of its type in the world, as evidenced by its unparalleled growth and high level of client satisfaction," he said. "Our healthcare partners look forward to collaborating with the TractManager team in support of its mission to provide healthcare customers with world-class solutions and services," he added.

"I am looking forward to joining forces with Arsenal Capital," said Mr. Rizk. "Our combined efforts will result in a Company that has global reach, deep penetration of the healthcare market, and a broad technology platform from which to launch further initiatives," he commented. "In addition to making a significant capital investment in the Company, Arsenal brings a comprehensive understanding of the healthcare marketplace, extensive healthcare relationships, and wealth of executive experience that will contribute significantly to the growth of the Company. Arsenal's portfolio experience in healthcare compliance will also assist in accelerating TractManager compliance efforts in previously unexplored areas," he concluded.

Dr. Donald A. Deieso, Operating Partner and Co-Head of Arsenal's Healthcare Group will serve on the board of directors of the Company. Dr. Deieso commented, "Our investment in TractManager highlights Arsenal's focus on building a strategic portfolio of world-class companies that address the compliance and business improvement needs within healthcare. We are committed to applying Arsenal's financial resources, executive experience, and industry relationships in assisting TractManager implement its growth strategy."

About Arsenal Capital Partners
Arsenal Capital Partners is a leading New York-based private equity firm that invests in middle-market specialty industrial and healthcare companies.  Arsenal makes investments in sectors where the firm has significant expertise and experience.  Arsenal targets businesses that have the potential for further value creation by working closely with management to accelerate growth and leverage the firm's operational improvement capabilities.  Arsenal currently has over $1.4 billion of committed equity capital.  For additional information on Arsenal Capital Partners please visit www.arsenalcapital.com.

About TractManager
TractManager is a leading provider of technology, systems, and services for healthcare which include contract management, compliance, and business intelligence serving the healthcare industry exclusively, and currently works with more than 6,000 healthcare facilities and over 130,000 users across the United States and international markets.  The Company's solutions assist healthcare professionals by providing the tools necessary to improve management's visibility of contractual obligations, enhance compliance, streamline workflow, and deliver actionable business intelligence.  TractManager has offices across the United States, as well as in Bogota, Colombia, and Rio De Janeiro, Brazil.  For additional information about TractManager, please visit www.meditract.com.

Contact:
Chris Tofalli
Chris Tofalli Public Relations
914-834-4334

SOURCE Arsenal Capital Partners

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
We often get asked “Should I use GridFS for file storage with MongoDB”. As with most things, the answer is a staunch “it depends”. GridFS looks like a great idea on paper - a virtual filesystem held within MongoDB which allows for larger than 16MB files to be held, synced and replicat...
The supply chain is evolving, and buyers need to analyze and predict, but also to manage risk. When Capgemini's business information management (BIM) practices unit needed to provide big data capabilities to its insurance company customers, it needed to deliver the right information t...
Some people believe good or bad things always happen in threes. I believe you will always be able to find three (and probably more) things that are good or bad and somewhat related, but sometimes I get surprised by the apparent coincidental appearance of several closely related “things...
This article defines long polling and presents a few techniques on how long polling could be used in Spring MVC web applications. Discussion covers both the AJAX and the server part of the solution as well as outlines a few possible options for implementation. The article compares perf...
Red Hat, Inc., on Wednesday announced that it has signed a definitive agreement to acquire eNovance, a provider of open source cloud computing services. Combined with Red Hat’s existing leadership in OpenStack, the addition of eNovance’s systems integration capabilities and engineering...
Hear from Red Hat leaders and industry experts on Tuesday, June 10, 2014, at 11am and see how Red Hat Enterprise Linux continues to deliver unmatched customer value, increased efficiency, and true strategic advantage for global customers across every industry. Attendees will learn mor...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE