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Coker Capital Advisors Advises MDIT in its Recapitalization

Charlotte, NC / Atlanta, GA – Coker Capital Advisors announced today that Health CareChain, Inc. d/b/a MD-IT (“MD-IT”) has been recapitalized by its management team.  Based in Boulder, Colorado, MD-IT offers software and services to improve medical documentation.  Coker Capital Advisors acted as the exclusive financial advisor to MD-IT in this transaction.  Terms of the transaction were not disclosed.

About MD-IT 

Founded in 2000, MD-IT services the large and highly fragmented ambulatory market by providing medical transcription and technology services.  MD-IT offers a broad range of technology-enabled solutions which allow its customers to achieve a higher quality, more effective approach to medical documentation.  The company’s platform includes transcription, editing and abstracting to augment traditional medical transcription, patient charts view which allows physicians to analyze, edit, and retrieve narrative notes, EHR optimization, health information exchange, and data extraction.

About Coker Capital Advisors

Coker Capital Advisors is a healthcare-focused investment bank offering mergers and acquisitions, capital raising, and other strategic advisory services to privately and publicly owned middle market healthcare companies. The firm’s website is www.cokercapital.com.