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NHS investments.


Long Beach private equity firm National Healthcare Services reached across the Orange Curtain The Orange Curtain is a term used to describe the border between Orange County and Los Angeles County in California.

It is a sometimes derogatory, sometimes light-hearted term, depending on context.
 for an investment this month, pumping $3 million of Series A funding into an Irvine-based electronic health care record provider called Aceenx.

NHS NHS
abbr.
National Health Service


NHS (in Britain) National Health Service
 is the investment arm of MemorialCare Medical Centers, which operates Long Beach Memorial Medical Center and Miller Children's Hospital Miller Children’s Hospital is a not – for – profit children’s hospital located on the campus of Long Beach Memorial Medical Center. The 281 – bed hospital cares for children of all ages, from newborns to young adults, as well as expectant mothers. . It specializes in early- to mid-stage companies, often with technology that might one day benefit its hospital properties.

Accenx's RyTRAK ACM (Association for Computing Machinery, New York, www.acm.org) A membership organization founded in 1947 dedicated to advancing the arts and sciences of information processing. In addition to awards and publications, ACM also maintains special interest groups (SIGs) in the computer field.  technology helps hospitals and laboratories better exchange information with physician medical record information systems.

Another NHS investment this month was $4 million given to Houston's ThromboVision Inc. to fund clinical trials for its proprietary disposable test kit technology.
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Title Annotation:HEALTH CARE & BIOTECH
Author:Crowe, Deborah
Publication:Los Angeles Business Journal
Date:Sep 24, 2007
Words:114
Previous Article:CytRx shares holding up well despite CFO departures: key executives leave biotech firm in L.A. and Massachusetts subsidiary.(FINANCE)
Next Article:Follow-on offering.(HEALTH CARE & BIOTECH)
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