Cadrillion gives LDA necessary financial and strategic resources to maximize our continued, aggressive growth, and enables us to innovate to support this dramatic industry-wide transition.
Marietta, GA (PRWEB) November 08, 2011
Legacy Data Access (LDA) is joining forces with private investment firm, Cadrillion Capital, to expand its capabilities to support healthcare providers’ transition to new information systems.
LDA, based in Marietta Georgia, offers information systems transition services, interactive data storage and data analytics solutions to help providers manage the difficult change from one information system to another. LDA’s founder, Shelly Peters said, ”We believe that Carillion’s resources, other industry assets and its track record of success in this sector, will contribute to a much accelerated growth opportunity for Legacy Data.” Ms. Peters continued “More hospitals and large medical facilities are changing systems or integrating new clinical applications today than at any other time during my career, and Cadrillion gives LDA necessary financial and strategic resources to maximize our continued, aggressive growth, and enables us to innovate to support this dramatic industry-wide transition.”
Scott Purdy, M.D., with Cadrillion Capital, noted that “LDA is the clear industry leader in this sector. LDA expertly hosts and manages I.S. transitions of sensitive and vital data for many of the country’s most prestigious hospital systems. Shelly and her team fit perfectly into our existing healthcare IT platform. By partnering with LDA, our expanded product suite is well positioned to meet the surging demand in the industry. We will see significant growth at LDA and pursue other synergistic investment opportunities. We look forward to joining forces with Shelly and her team, and leveraging LDA’s assets.”
About Legacy Data Access, Inc.
Legacy Data Access is an IT services organization providing the industry’s most comprehensive set of software tools for working with data from retired systems. With a singular focus on the healthcare industry, Legacy Data Access stores data from systems that are being retired and provides secure, Web-based access to the information. LDA stores legacy revenue management, clinical and ERP application data from any platform. The company’s offerings are designed to handle the data retention needs of healthcare organizations of all sizes, types and complexities. For more information, visit http://www.legacydataaccess.com.
Cadrillion Capital, founded by Verl Purdy and based in Charlotte, NC, is a closely held private investment firm primarily focused on healthcare information technology and related investment opportunities. Cadrillion’s experienced leadership team is seeking to build successful companies in partnership with management and building value over-time. Visit (http://www.cadrillion.com)
Contact: Shelly Peters, President, Legacy Data Access, LLC
(678) 370-0149 x 101
Scott Purdy,M.D., Partner, Cadrillion Capital, L.L.C.