MedeFinance, a provider of analytics tools and services to hospitals and health plans, has raised $50 million in a third round of financing. The round was led by Bain Capital, and is a huge increase from the company’s previous two rounds, which included $3 million in all, according to VentureWire.

The Emeryville, Calif. startup says it has more than 700 customers in the United States and the United Kingdom.

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