National Electronic Attachment, Inc.
Brookwood Advises Rapidly Growing Healthcare IT Services Provider On Securing Significant Equity Investment
We are pleased to announce that Brookwood Associates advised National Electronic Attachment, Inc. and its sister company Medical Electronic Attachment on securing a significant equity investment from Polaris Venture Partners. The founder will continue as President and CEO. NEA and MEA are the leading providers of electronic insurance claims attachment services to the medical and dental markets, addressing a critical link in revenue cycle management. Brookwood effectively educated investors regarding industry payment dynamics, reinforced the Company's defensible market position, and validated the significant growth opportunity. The transaction closed successfully under a tight timeline and despite a difficult credit and deal environment.
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"Our continuing success at NEA is rooted in providing superior solutions and outstanding customer service. Therefore we recognized that Brookwood clearly demonstrated that it shares these defining characteristics. They brought an experienced team to the table and rolled up their sleeves to help us find, and then complete a transaction with the best partner. Brookwood’s work not only led to a win-win deal, but also helped us to understand and review our business from several different viewpoints."
Tom Hughes President and CEO, National Electronic Attachment, Inc.
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