Aprima, an EHR, practice management and revenue cycle management technology provider, reported record, double-digit growth in revenue and EBITDA, as well as record gross margins in the first half of 2016.
The company said a 98 percent customer retention rate helped Aprima maintain and expand recurring revenue.
In addition to financial growth, the company noted its new contract signings including three agreements in excess of $1 million each; multiple 40+ provider groups for Aprima's Home Visits solutions; and four new contracts with university or hospital-based practices for Aprima EHR.
Aprima said it also recently introduced several enhancements to its product offerings including Spanish-language functionality in the Aprima Patient Portal and new functionality for Aprima Mobile.
"We are proud of the solid progress we made in the financial, product and client satisfaction areas of our business during the first half of the year," Michael Nissenbaum, president and CEO of Aprima, said in a statement.
In the second half of 2016, the technology provider will move to a new corporate headquarters. This month, Aprima plans to consolidate its two North Texas offices and move approximately 250 employees to a new facility in Richardson, Texas.
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