Capstone Headwaters Advised Medsphere Systems Corporation on a Capital Raise

January 31, 2018

CHICAGO, IL - Capstone Headwaters advised Medsphere Systems Corporation (“Medsphere” or the “Company”), a leading healthcare IT solutions provider, on a $30 million financing from Hercules Capital.

Medsphere’s OpenVista® is an acute and inpatient behavioral health-oriented portfolio of clinical products and services that leverages the VistA electronic health record (EHR) system developed by the Department of Veterans Affairs (VA) and the Indian Health Service (IHS). Medsphere’s Government Services Division also applies that VistA expertise to development and testing projects for both VA and IHS. Medsphere’s Phoenix Health Systems division provides a host of healthcare IT services, including systems implementation, compliance project management, service desk, end-user device management, infrastructure support, application management and IT leadership.

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