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Modernizing Medicine amplifies M&A hunt after large capital raise – CEO


Modernizing Medicine, a Boca Raton, Florida-based specialty-specific electronic medical records (EMR) provider, sees heightened opportunity to acquire in a market ripe for M&A, said co-founder and CEO Dan Cane.

On the heels of a USD 231m capital raise last month from Warburg Pincus, Modernizing Medicine plans to accelerate its acquisition efforts in existing and new markets, Cane said. The company seeks to acquire EMR companies in existing or new specialties, while also evaluating the wide array of complementary technologies that can be sold into Modernizing Medicine’s client base of more than 3,000 physician practices, he added.

Examples of synergistic technologies include inventory management, imaging management and scheduling solutions; adaptive learning systems that follow up on patients; or technologies for collecting on patient statements, the CEO mentioned. Click here to access the full article from Mergermarket.

Please Note: This article was written by Mergermarket, the leading provider of forward-looking M&A intelligence and data to M&A professionals and corporates around the world.

Source: Mergermarket
By: Deborah Balshem on in News