HALLANDALE BEACH, FL – ExactCost Inc., a company selling cost analysis and performance management solutions that help healthcare providers determine accurate costs and identify opportunities to improve financial, operational and clinical performance, has raised $2 million in an open mixed securities and debt offering, according to a regulatory filing.

We’re seeing increasing activity in software aimed at helping the healthcare industry manage costs. Now let’s hope it helps the industry corral stampeding costs pushing health care premiums beyond the reach of many consumers and businesses.

According to the filing with the U.S. Securities and Exchange Commission, the company raised $1.5 million from an outside investor and the rest from existing investors.

Founded in 1999, ExactCost’s web-hosted solutions are based on the proven activity-based costing/management (ABC/M) methodologies and are delivered via the Internet.

Contact Tech Journal South Editor and writer Allan Maurer: Allan at TechJournalSouth dot com.

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