PRZOOM - /newswire/ -
Westborough, MA, United States, 2012/08/23 - Company acquires additional 61,000 square foot building to accommodate future growth - eClinicalWorks.com.
eClinicalWorks®, a market leader in ambulatory clinical systems, today announced the expansion of its headquarters in Westborough, Mass., by purchasing 1 Technology Drive for $7.7 million. The 61,000 square foot building will be used in conjunction with the 100,000 square foot location at 2 Technology Drive and will provide the additional space needed to accommodate future expansion due to the continued growth eClinicalWorks has experienced.
“The past few years have delivered tremendous success for eClinicalWorks,” said Girish Kumar Navani, CEO and co-founder of eClinicalWorks. “We are adding to our headquarters in order to maintain the high standard of excellence that our customers have grown to expect. With 2,100 employees and one million patient visits in the eClinicalWorks EHR solution daily, we are working diligently to provide technologies that will help deliver better healthcare.”
eClinicalWorks continues to solidify its position as an industry leader and has made substantial investments itself for upcoming initiatives. Adding to the company’s list of awards, it ranked 38 in the 2012 Healthcare Informatics 100 list of largest companies by healthcare IT revenue and was named to the Inc. 5000 for the past six consecutive years. 2011 was also a record-breaking year as revenues broke $200 million for the first time in company history. The additional headquarters space will accommodate the company’s need for additional room and continue to allow eClinicalWorks to hire additional talent.
The newly acquired 1 Technology Drive joins 2 Technology Drive, Westborough, Mass., to create the company’s principal headquarters complex. eClinicalWorks has additional offices in Chicago, New York City, Alpharetta, Ga., and Pleasanton, Calif.
The company’s real estate team includes Managing Director Phil DeSimone of Jones Lang LaSalle and Patrick Bodden of eClinicalWorks.
eClinicalWorks® (eclinicalworks.com) is a privately held leader in the ambulatory clinical systems market. The company’s comprehensive electronic health records and practice management solution is proven for every market segment: large practice groups, including Massachusetts eHealth Collaborative (MAeHC) and the New York City Department of Health and Mental Hygiene, as well as medium, small and solo practices regardless of specialty. The company enjoys high profitability with a five-year compounded growth rate of more than 100 percent year-to-year. With an established customer base of more than 180,000 providers and 370,000 healthcare professionals across all 50 states, eClinicalWorks has been awarded multiple top industry honors including being named to the Inc. 5000 for the past six consecutive years. Based in Westborough, Mass., eClinicalWorks has additional offices in New York City, Chicago, California and Georgia.