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This article was originally published in The Gray Sheet

Executive Summary

E-health procurement portal announces a $12 mil. round of venture financing from New Enterprise Associates. The company is looking to deploy its e-commerce platform to more than 2,000 health care facilities by year-end through exclusive contracts with providers HealthSouth and the National Association of Community Health Centers. The company registered for a $131 mil. initial public offering on March 21 (1"The Gray Sheet" April 17, p. 12)

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