In large part due to 2009′s Health Information Technology for Economic and Clinical Health (HITECH) Act, there has been a proliferation of electronic medical record systems. Many of the largest providers, such as Johns Hopkins and Kaiser Permanente, have seen a consolidation onto large systems like Epic, while many small to middle-sized providers continue to use direct to consumer type systems such as Practice Fusion. These systems are competing for market share and thus have built products that can be used by everyone from family physicians to neurosurgeons, often in a one-size-fits-all fashion.
We recently came across a relatively new EMR called Modernizing Medicine, which had a presence at both TEDMED and CONVERGE this year, that announced today that it received $14 million in equity funding. Their approach is to build focused systems for key specialties, starting with dermatology and moving to opthalmology and even orthopedic and plastic surgery. We had the opportunity to speak with Modernizing Medicine’s CEO and Co-founder, Daniel Cane, who is no stranger to building tech solutions for large industries; as an undergraduate at Cornell in the late 1990s he co-founded Blackboard, the largest learning management system in education.
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