Medical Management Systems (MMS) will use funding from independent asset manager BOOST & Co To develop its online platform and secure new contracts with international organizations.

Medical Management Systems Ltd (MMS), the software company behind Meddbase, the UK’s leading online employee health record solution, has secured £ 2.25million investment from alternative lender , BOOST & Co.

Starting its journey with a single office in North London over 20 years ago, Meddbase now operates worldwide, enabling healthcare professionals to safely perform patient-led services using from any web-connected device. To date, the software has processed over 16 million patient records and, in 2021, holds over 900 million patient appointments, processing over £ 1 billion in revenue for its clients.

BOOST & Co’s investment will allow MMS to further develop its practice management and patient registration system, as well as expand the online platform’s ability to contract into new geographic and vertical markets. .

Along with this investment, the product was also named a finalist for the Healthcare Technology Provider of the Year award at the 2021 Healthcare Investor Awards.

BOOST & Co chose to invest in MMS because of its superior product and extensive experience with reputable clients such as UnitedHealthcare, Bupa and the NHS. It is also expected that several development roles will be generated within the company, as part of this investment in growth.

Oliver Reece, Director at BOOST & Co says: “We are delighted to be able to provide this support for MMS and are delighted to be working with the team through this next chapter of their journey.

“MMS represents a great example of how investing can accelerate growth and we are delighted to support the company in its international expansion and the pursuit of a clear and well thought out strategy. “

Will Temple, Managing Director of MMS, says: “Since 2004, we have pioneered the development of cloud-native systems capable of managing all aspects of online medical businesses in a secure manner.

“Our mission to join healthcare processes, using our market-leading Meddbase platform, has been built on continuous innovation. There is always more work to be done to stay at the forefront of technological advances in the field of health, and this investment from BOOST & Co will allow us to continue to expand the product offering and further develop the business.

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