DB Technology

DB Technology provides specialized document management solutions for healthcare, focusing on maintaining access to critical patient data during electronic health record downtime caused by system failures or cyberattacks. DB Technology, founded in 1983 and headquartered in Clark, US, specializes in healthcare document management. The company was acquired by Dura Software, Inc. , a portfolio company of Hampton River Partners, in October 2021.

Byron Hu is the founder, and the current CEO is Jorge De Queiroz J and Justin B. The company has engaged in 2 significant deals since its inception, with the latest deal occurring on October 5, 2021. DB Technology specializes in document management solutions tailored for the healthcare sector. Their offerings include Rasi, a multifunctional document management system that integrates with EHRs such as Epic and Cerner, along with services for paperless patient registration, electronic forms, and workflows.

The company assists over 300 healthcare institutions in the US to manage patient data and comply with industry standards. DB Technology generates revenue primarily through the sale of document management solutions and services, structured around subscription models and partnerships with healthcare providers. Clients subscribe to service tiers that include electronic forms, automated workflows, and downtime recovery solutions. Specific pricing details are not disclosed, but the financial impact of adopting DB Technology's solutions is underscored by the average cost of downtime for hospitals and expenses associated with paper-based processes.

DB Technology aims to support its business growth and expansion following its acquisition by Dura Software, Inc. Future initiatives include launching new products and expanding into new geographical markets. Specific markets targeted for expansion have not been disclosed, but funding from the acquisition will facilitate these growth strategies.