HealthPort, which provides electronic medical record transmission services for hospitals and health systems, announced terms for its IPO on Wednesday. The Alpharetta, GA-based company plans to raise $90 million by offering 6.0 million shares at a price range of $14.00 to $16.00. At the mid-point of the proposed range, HealthPort will command a market value of $338 million. HealthPort, which was founded in 2007 and booked $285 million in sales over the last 12 months, plans to list on the NASDAQ under the symbol HPRT. Deutsche Bank, William Blair are the lead underwriters on the deal.
