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Modernizing Medicine raises $38 million in new financing

Modernizing Medicine, an electronic medical records business in Boca Raton, has closed $38 million in financing, bringing total capital raised by the company to $87 million, the company said Monday. Modernizing Medicine will use the money to continue expansion of its i-Pad electronic and records system, especially in gastroenterology (with its recent acquisition Weston-based gMed) and in telemedicine, said co-founder Dan Cane. The company already has captured 35 percent of the dermatology market, he said.

Source: Sun Sentinel
By: Marcia Heroux Pounds on in News