WestView Capital Partners Invests in Alpha II

Tallahassee, Florida and Boston, Massachusetts - Alpha II, LLC (“Alpha II” or the “Company”), a provider of healthcare revenue cycle Software-as-a-Service solutions focused on claims editing, coding and billing accuracy, and quality reporting, today announced that it has received a significant growth investment from WestView Capital Partners.

Headquartered in Tallahassee, Florida, with an additional office in Montgomery, Alabama, the Company’s software solutions are integrated into, and marketed by, many of the leading practice management, electronic medical records and RCM/billing systems serving over 80,000 healthcare providers spanning large hospital systems, government providers and small physician offices. The Company's toolsets, data content, and rules engines currently integrate with these established information systems to help provider customers comply with the latest payment policies, standards, and directives.

“Alpha II and our predecessor companies, Megas and Unicor, have a longstanding reputation for developing best-in-class software solutions that drive high ROI to our partners and their users through improvement in clean claims rates and coding accuracy. We focus first and foremost on what our customers need, and that is what has made us successful throughout the years,” said Jan Powell, CEO of Alpha II. “We are excited about our new partnership with WestView and believe that together, the future is even brighter for Alpha II. The WestView team has a proven track record of working with growth companies in the revenue cycle management and healthcare technology sectors. We look forward to the experience they bring to our team.”

“Alpha II’s software is best of breed in an area that continues to be a focus for practice management, EMR and billing system vendors and their provider bases as they address the never ending challenge of managing an increasingly complex revenue cycle,” said Matt Carroll, General Partner at WestView, who will join Alpha II’s Board of Directors. “The Company’s longstanding partnerships and history of innovation demonstrate management’s commitment to developing great software that evolves with the needs of today’s providers. We are excited to be partnering with the entire Alpha II team,” added Carroll. “Our investment in Alpha II continues to build on our experience investing in the healthcare revenue cycle. We’re thrilled to be partnering with this team, comprised of subject matter experts with extensive track records,” added Jeff Clark, a Vice President at WestView who will also join the Board of Directors.

Abacus Finance Group, LLC and Silicon Valley Bank provided senior debt financing for the transaction while WestView was represented by Latham & Watkins LLP.

About Alpha II:

Alpha II’s software and publications support accurate coding, compliance and claims editing for healthcare professionals, clearinghouses and government entities – both directly and through resellers. The Company’s toolsets, data content and rules engines plug and play with electronic medical record, practice management and hospital information systems to help their customers comply with the latest healthcare policies, standards and directives.

Additional information can be found by visiting www.alphaii.com, Twitter, LinkedIn and YouTube.

About WestView Capital Partners:

WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages approximately $1 billion in capital across three funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions in industries such as healthcare technology and outsourcing, business services, software and IT services, consumer, and growth industrial. WestView invests in companies with operating profits between $3 million and $20 million with investment sizes ranging from $10 million to $50 million. For more information, please visit www.wvcapital.com.