Clearlake Capital-Backed Provation Acquires MD-Reports

Provation Medical, Inc. (“Provation” or the “Company”), the premier software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of MD-Reports, a leading provider of electronic medical record (EMR), practice management (PM), and report writing software. For 25 years, Provation has been a market leader in procedure documentation software for gastroenterology (“GI”), serving 42 of the top 50 GI hospitals and more than 2,600 facilities nationwide. MD-Reports serves a complementary segment of the market and has experienced significant growth by bringing high quality clinical software solutions to over 530 physician offices, hospitals and ambulatory surgery centers (“ASCs”).

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