Modernizing Medicine, Inc.

Modernizing Medicine, Inc.

Modernizing Medicine, Inc.

Overview
Date Founded

2010

Headquarters

3600 FAU Blvd., Suite 202 Boca Raton, FL, 33431, United States

Type of Company

Private

Employees (Worldwide)

501 - 1,000

Industries

Computer Software
IT Consulting & Services
Hospitals & Patient Services
Holding Companies

Company Description

Modernizing Medicine, Inc. provides electronic medical record systems. It offers cloud- and tablet-based electronic medical record system to accommodate the needs of healthcare specialties. The firm's product electronic medical assistant offers a touch-based interface that adapts to providers' preferences and contextualizes treatment patterns at the point-of-care. The company was founded by Daniel Cane and Michael Sherling in 2010 and is headquartered in Boca Raton, FL.

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Executives & Employees

Chief Medical Officer & Co-Founder

Chief Executive Officer, Co-Founder

President & Chief Operating Officer

Chief Financial Officer

Senior Executive Vice President & General Counsel

Chief Revenue Officer

President, Gmed

Senior Vice President & General Manager of Business Services

Gmed RCM Operations

Account Executive

Board of Directors
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Recent Transactions
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Modernizing Medicine, Inc. raised money in a private placement transaction

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Modernizing Medicine, Inc. raised money in a private placement transaction

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Summit Partners LP, Modernizing Medicine, Inc., Sands Capital Ventures LLC purchase General Medical Applications, Inc.

Transaction Advisors
Legal Advisor

Advised onSummit Partners LP, Modernizing Medicine, Inc., Sands Capital Ventures LLC purchase General Medical Applications, Inc.

Non-Profit Donations & Grants
Investors
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Warburg Pincus focuses on investments in the following sectors: financial services, healthcare, energy, consumer/manufacturing/industrials and technology, media and telecommunications (TMT). The firm participates in venture capital investments, growth equity investments, spin-outs, LBOs and special situation opportunities. They invest primarily in North America, Europe and Asia.Warburg Pincus' financial services investments primarily focus on the following industries: (1) asset/wealth management (2) banks and depository institutions (3) exchanges (4) financial technology (5) growth companies, developing economies and new markets (6) insurance companies (7) payment and transaction processing companies (8) private banking and (9) specialty and consumer finance. The firm's healthcare investments focus mainly on medical devices, healthcare services, biotechnology, pharmaceuticals and European healthcare. Within the technology, media and telecommunications (TMT) sector, Warburg Pincus targets investments in the following areas: (1) software (2) media, information and Internet (3) financial technology (4) telecommunications (5) business services and (6) systems and semiconductors. The firm's energy investments focus on (1) oil and gas including exploration and production, midstream, refining and oilfield services (2) power generation and transmission (3) alternative energy/renewables and (4) innovative energy technologies.Warburg Pincus takes a long-term perspective and invests in companies across all stages of development, from founding start-ups and furthering growth in developing companies to leading recapitalizations or buy-outs of more mature businesses.

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Sands is an active manager which provides financing for later and growth-stage capital requirements. The firm targets companies operating in the technology, health care, and consumer services sector, and industries such as information technology, financial services and biotechnology/pharmaceuticals.It invest in companies across the globe, and looks to take minority stake positions in its investments, and a seat on the board.

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Summit Partners invests in growth companies across the world. The firm target companies in sectors such as technology, healthcare & life sciences and growth products & services. They provide financing from venture capital to growth equity to fixed income for recapitalizations, MBOs and all stages of capital requirements with an investment size of USD10 million to more than USD500 million. They consider both majority and minority positions.

Suppliers
Escalon Medical Corp. Hospitals & Patient Services | Ardmore, PA

Escalon Medical Corp. specializing in the development, manufacture, marketing and distribution of ophthalmic diagnostic imaging and surgical products. Its specializes in A-Scans, B-Scans, UBM, Pachymeters, Color or Flourescein Angiography Digital Imaging Systems, Ispan Intraocular Gases, Surgical Packs, Viscous Fluid Transfer Systems, and AXIS Image Management. The company was founded in 1987 and is headquartered in Wayne, PA.

Awards & Honors
Rank #70
2015
Forbes - America's Most Promising Companies
Sponsored by Forbes Magazine
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