CARROLLTON,Greenway Medical Technologies, which provides electronic medical records and practice management software for physicians, is rolling out an aggressive growth plan, having been armed with $20 million in venture capital.

Greenway announced Monday that it had closed on the funding from two sources. Investor Growth Capital led the round with $15 million. The deal closed recently.

The $15 million follows $5.3 million raised from individuals earlier this year. In all, Grenway has now raised more than $50 million from individual investors, many of whom are physicians.

“We are now beyond the inflection point of serious growth and well on our way to becoming the worldwide leader in physician automation solutions,” said Tommy Green, the company’s chairman and CEO. “Greenway has solidified its reputation with a proven product, and we have taken a leading position in the healthcare information technology marketplace.”

The company said it would expand its sales force and distribution channels with the new funds. It also will expand development of products and deployment and support infrastructure.

Greenway’s primary produce is called PrimeSuite. It includes integrated practice management tools, electronic medical records capability, and managed care solutions. It runs on Microsoft’s .NET platform.

The software was built by a team of engineers and 75 doctors and healthcare professionals. Greenway has received the highest overall rating among practice management solutions from the American Academy of Family Physicians.

Greenway said it wants to capitalize on the fact that most physician practices are upgrading IT to deal with regulatory requirements and electronic health records. Citing figures from PricewaterhouseCoopers, Greenway said more than 80 percent of physicians “will invest in EMR by the end of 2005.”

Greenway: www.greenwaymedical.com