P & P Accepts Proposal for $2.4M Physician Led Investment

P & P Accepts Proposal for $2.4M Physician Led Investment

TORONTO, ONTARIO – May 16, 2017- P & P Data Systems (www.p-pdata.com), a Canadian developer of electronic medical records software for the healthcare industry, is pleased to announce it has accepted a proposed offer of investment of $2.4M. The proposal, which is subject to final review and documentation, also provides for access to additional funds to pursue special projects and potential acquisitions.

“Aligning P & P with this physician-led investment group allows us to continue to focus on the needs and goals of healthcare providers” said Moshe Pinhas, President and CEO of P & P. He added that “P & P has a number of initiates on the go and this investment will help us expedite those projects. New and existing clients should look for more announcements in the coming weeks”.

“Physicians and other healthcare providers have been looking for better options to meet their practice needs” said a spokesperson for the physician-led group of investors. “Many physicians are not happy with their EMR and the lack of attention they receive from their EMR vendors. P & P offers a high performance and user friendly software to address the needs of healthcare, today and tomorrow. Most importantly, P & P understands the physician workflow and their changing needs. We look forward to assisting P & P in meeting the needs and goals of our healthcare community.”

About P & P Data Systems Inc.

Established in Toronto in 1982, P & P is dedicated to serving the healthcare marketplace by developing software solutions that enhance clinical decision-making and improving outcomes for all Ontarians. P & P provides skilled trainers and implementation specialists to lead clinical administrative staff into the twenty-first century of electronic medical records. With P & P’s support, medical practices achieve their goals of embracing cost-effective systems with continued advancements in health care innovations. For more information about P & P Data Systems, please visit www.p-pdata.com.

The P & P EMR solution is marketed as Clinical Information System (CIS) and is one of the industry’s most robust solutions. It is designed for medical practitioners looking to substantially eliminate paper from their practices. CIS can redefine patient care by offering a tool with flexibility and scalability for doctor driven workflow that can lead to improved patient care.

Download P&P Investor Press Release – May 2017 PDF

For more information please contact:

Mark Windsor
P & P Data Systems Inc.
416 665 6450 ext. 184