Modernizing Medicine

Last updated
Modernizing Medicine
TypePrivately held company
IndustrySoftware
FoundedFebruary 2010
FounderDaniel Cane, Dr. Michael Sherling
Headquarters
Boca Raton
,
United States
ProductsEMA electronic health records system, Practice Management, Analytics, Kiosk, Telehealth, Pathology module, Inventory Management; gGastro EHR, gPM, Endoscopy Report Writer
ServicesRevenue Cycle Management, MIPS Advisory Services
Website https://www.modmed.com/

Modernizing Medicine, Inc., is a United States software company headquartered at the Boca Raton Innovation Campus in Boca Raton, Florida. The company was founded in 2010 by Daniel Cane, CEO and co-founder of Blackboard, Inc., and Dr. Michael Sherling, Chief Medical and Strategy Officer and practicing dermatologist. [1]

In addition to its headquarters in Boca Raton, the company also has offices in Roseville, California and Santiago, Chile.

The company offers electronic health records, practice management, revenue cycle management and data analytics for doctors, and currently has software for dermatologists, ophthalmologists, orthopedic surgeons, gastroenterologists, plastic surgeons, otolaryngologists, urologists and pain management physicians. As part of its business model, Modernizing Medicine employs practicing doctors to help program the software for each specialty. [2] [3] [4]

The company has raised $332 million in funding. In 2017, the company received $231 million from private equity group Warburg Pincus. [5] Modernizing Medicine acquired gMed, a healthcare IT company serving gastroenterologists, in 2015.

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References

  1. "The software success of Modernizing Medicine". Florida Trend. Retrieved 2021-06-01.
  2. Fisher, Anne. "Could teaching employees to code be key to success?". CNN Money. Retrieved 24 March 2014.
  3. Byrne, Ciara. "Why Doctors Make Great Object-Oriented Software Designers". Fast Company. Retrieved 24 March 2014.
  4. Rogers, Bruce. "Will Daniel Cane's Modernizing Medicine Revolutionize Healthcare?". Forbes. Retrieved 24 March 2014.
  5. "Modernizing Medicine attracts $231 million private equity investment".{{cite web}}: CS1 maint: url-status (link)