Healthcare software company Phreesia prepares $125M IPO

Phreesia, a healthcare software company that focuses on patient-intake solutions, filed June 21 with the Securities and Exchange Commission to raise up to $125 million in an initial public offering, Renaissance Capital reports.

The company, which was founded in 2005, developed a patient intake management platform that automates the patient registration and check-in process. Phressia posted $104 million in sales for the 12 months ended April 30, according to the report.

Pricing terms of the IPO were not disclosed.

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