Company Overview

About ModMed

ModMed Details

Founded

2010

Revenue

$250M

Funding

$583M

Team Size

1.6K

What SIA Thinks

ModMed, short for Modernizing Medicine, is a healthcare technology company specializing in creating software tailored for medical practices. They offer a unique suite of products designed to simplify and streamline the day-to-day operations of medical professionals, allowing them to focus more on patient care.

ModMed’s software is built with direct input from doctors, ensuring it meets the specific needs of different specialties. The platform includes an Electronic Health Record (EHR) system, practice management tools, and patient engagement features. These tools work together seamlessly to handle everything from patient documentation and billing to scheduling and telehealth.

One notable aspect of ModMed is that their EHR system is cloud-based and comes with specialty-specific content, which means it’s already optimized for various fields like dermatology, ophthalmology, gastroenterology, and more. This specialty focus allows medical practices to get started quickly without extensive customization.

Another key feature is the practice management software, which helps streamline administrative tasks such as appointment scheduling, billing, and insurance claims. This can save time and reduce the paperwork burden on office staff.

Moreover, ModMed offers a patient engagement suite that includes options for telehealth, online scheduling, and patient portals. These features make it easier for patients to interact with their healthcare providers, improving overall satisfaction and engagement.

What sets ModMed apart is their commitment to continuous learning and improvement. Their team frequently updates the software to align with the latest industry standards and regulations, ensuring that practices remain compliant and up-to-date.

In summary, ModMed offers an integrated, user-friendly solution designed to meet the specific needs of medical practices. With a focus on specialties and ongoing updates, it helps medical professionals optimize their workflows and enhance patient care.

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