Modernizing Medicine

Modernizing Medicine, Inc., is a software company headquartered at the Boca Raton Innovation Campus in Boca Raton, Florida. The company has two co-founders: Daniel Cane,[1] CEO and co-founder of Blackboard, Inc.,[2] and Dr. Michael Sherling,[3] Chief Medical and Strategy Officer and practicing dermatologist.

Modernizing Medicine
Privately 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
Websitehttps://www.modmed.com/

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, ENTs (or 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.[4][5][6]

The company has raised $332 million in funding, most recently with $231 million from private equity group Warburg Pincus in 2017. Modernizing Medicine acquired gMed, a healthcare IT company serving gastroenterologists, in 2015. In October 2016, Modernizing Medicine hired its 500th employee. In addition to its Boca Raton, Florida, headquarters, the company also has offices in Roseville, California and Santiago, Chile.

References

  1. Pounds, Marcia. "Excalibur Award: Daniel Cane, Modernizing Medicine". Sun Sentinel. Retrieved 21 April 2014.
  2. "Blackboard History – History of Blackboard". Gilfus Education Group. Archived from the original on 13 June 2012. Retrieved 21 April 2014.
  3. "Palm Beach Dermatology". Retrieved 24 March 2014.
  4. Fisher, Anne. "Could teaching employees to code be key to success?". CNN Money. Retrieved 24 March 2014.
  5. Byrne, Ciara. "Why Doctors Make Great Object-Oriented Software Designers". Fast Company. Retrieved 24 March 2014.
  6. Rogers, Bruce. "Will Daniel Cane's Modernizing Medicine Revolutionize Healthcare?". Forbes. Retrieved 24 March 2014.


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