Modernizing Medicine® Market Research Report

Company Overview

Name: Modernizing Medicine®
Mission: To place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.
Vision: A world where the software we build increases medical practice success and improves patient outcomes.
Core Values: Create customer delight, save time, innovate boldly, align passion with purpose, think big, have fun, do good.
Founding Details: Founded in 2010 by Daniel Cane and Michael Sherling, MD, MBA.
Key People:

• Daniel Cane, Co-Chief Executive Officer and Cofounder

• Michael Sherling, MD, MBA, Chief Medical and Strategy Officer and Cofounder

• Joe Harpaz, Co-Chief Executive Officer

• Michelle Scheer, Chief Financial Officer

• Denise Ceule, Chief Legal Officer

• Brian Boyd, Chief Revenue Officer

• Venkatesh Jayaraman, Chief Technology Officer

Headquarters: 4700 Exchange Court, Suite 225, Boca Raton, FL 33431
Number of Employees: Over 1,400
Revenue: No information is available
What is the Company Known For: Specializes in creating specialty-specific electronic health records (EHR) systems such as EMA® and gGastro®; Intuitive solutions designed to enhance health care efficiency and patient focus.

Products

Product Offerings:

1. EMA®

• High-Level Description: An electronic health record system designed for multiple specialties including Dermatology, Orthopedics, and more.

• Key Features: Specialty-specific knowledge, iPad-accessibility, automation of tedious processes, customizable according to practice behavior.

2. gGastro® EHR

• High-Level Description: An electronic health record system dedicated to gastroenterology.

• Key Features: Integration with gastroenterology-specific workflow, optimization for clinical use, seamless practice management.

3. gGastro Endoscopy Report Writer

• High-Level Description: Custom-designed for gastroenterology endoscopic procedures.

• Key Features: Built-in GI knowledge, customized workflow, full-text search capabilities.

4. Practice Management Systems

• Key Features: Document management, billing automation, scheduling, and access to performance metrics.

5. Revenue Cycle Management

• Key Features: Billing specialist support, financial visibility enhancement, and expedited revenue cycles.

6. Analytics Solutions

• Key Features: Combining clinical, financial, and operational data for performance optimization, interactive reports, tracking patient outcomes against peers.

Recent Developments

New Products and Features

• Automated Commissions Reporting Solution launched to enhance practice management, specifically for Plastic Surgeons and Dermatologists - October 24, 2024.

• Advanced Solutions for Ophthalmology Practices, demonstrated at AAO 2024 - October 17, 2024.

Key Developments

• Partnerships and Impact: GI Alliance to implement Klara Solution across a large customer base, expanding technological outreach and operational capacity - August 1, 2024.

Company News

• Celebrated Ten Years of Client Relationships, illustrating stability and client satisfaction - September 17, 2024.

• New Appointments: Appointment of Dan Costantino as the Chief Information Security Officer to strengthen data security - June 28, 2024.

• Significant ROI and Payback: Delivered a three-year 206% ROI and payback in less than six months according to an independent study - August 5, 2024.

Locations

• Headquarters: 4700 Exchange Court, Suite 225, Boca Raton, FL 33431

• Mailing Address: 4850 T-Rex Avenue, Suite 200, Boca Raton, FL 33431

• International Office: Providencia Avenue 1208, Floor 19th, Office 1901, Santiago, Chile

• Other Locations: Olympia, WA and Omaha, NE

Social Responsibility and Culture

• Encourages an inclusive work culture through affinity groups such as mmReach (Modernizing Medicine Relationships, Equality, Awareness, Community and Health) and mmUnity (Modernizing Medicine Unity).

• Supports diversity initiatives and promotes corporate social responsibility through community-focused activities and employee engagement in local organizations.

Recognition

• Awards:

• Inc. 5000 Fastest-Growing Private Companies in America 2024

• Technology Team of the Year (Gold), Stevie® Awards for Technology Excellence 2024

• New Product and Service: Health Technology Solution (Silver), Stevie American Business Award 2024

This comprehensive overview of Modernizing Medicine® illustrates a company poised for innovation and growth in the healthcare technology sector, underpinned by a strong commitment to specialty-specific EHR solutions and continuous improvement in patient care outcomes.