Boynton Beach, FL, January 1, 2011 – Modernizing Medicine, Inc., a Boynton Beach electronic medical records company, announced today that it has raised more than $2 Million in Angel Round investment funds.
Dan Cane, CEO of Modernizing Medicine, said, “We are extremely pleased that our first round of fund raising has been so successful. We believe we have enough investment funding to reach cash flow profitability in the coming months without the need to raise more money. This gives us the flexibility to grow rapidly, to gain a significant position in the market for Electronic Medical Records.”
“What is most gratifying is that many of our investors are dermatologists who heard of our offering, EMA, and asked for demonstrations. When they saw the product, they were so impressed they asked to invest in the company,” said Dr. Michael Sherling, the Chief Medical Officer. “There can be no better vote of confidence in EMA for Dermatology.”
About Modernizing Medicine
Modernizing Medicine, Inc. (http://www.modernizingmedicine.com) was founded by Daniel Cane and Dr. Michael Sherling, and is privately held. Mr. Cane was one of the co-founders of Blackboard, Inc. (NASDAQ: BBBB) and was the founder of Kadoo Inc. Dr. Sherling, a Yale and Harvard trained dermatologist, is in private practice in Palm Beach County, FL.
Modernizing Medicine’s offering, Electronic Medical Assistant or EMA, was announced at the meeting of the American Association of Dermatologists in Chicago, in August, 2010, and has since gained significant acceptance in the dermatology community. Designed by practicing dermatologists, EMA enables physicians to truly save time and money in their day-to-day operations. The offering takes a completely new approach to patient information capture and processing, using the latest in Internet and touch screen technologies for ease of installation and use. As a Software-as-a-Service offering, it only requires a web-browser equipped PC or Mac, with no other hardware or software on-site at the medical practice.
For more information, contact:
Bob Nagro, Chief Operating Officer