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AxiaMed Adds $12.4M For Healthcare Payment Tech

Santa Barbara-based AxiaMed, which is developing healthcare payments technology, said late Tuesday afternoon that it has raised $12.4M in a funding round. The funding was led by Health Enterprise Partners (HEP), and also included Nashville Capital Network and other existing investors. AxiaMed is a developer of payment software, used b y hospitals and others for managing payments from patients. The company's CEO and co-founder is Randal Clark.