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HealthPort Pulls IPO Plan Citing Market Conditions

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

HealthPort, Inc. disclosed in a regulatory filing made on Wednesday that it is seeking withdraw initial public offering registration as a result of unfavorable market conditions.

It is to be noted that HealthPort, which revealed its intention to go public in a filing made in August, postponed its offering in November 2009 citing market conditions.

The Alpharetta, Georgia-based HealthPort is a provider of healthcare information services and technology solutions to nearly 1,900 hospitals and health systems and 8,000 independent and hospital-affiliated physician clinics.

HealthPort had applied to list its common stock on The NASDAQ Global Market under the symbol "HPRT".

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