Modernizing Medicine Announces Acquisition of Orthopedic Healthcare Technology Company, Exscribe, Inc.
Acquisition combines top talent from two leading orthopedic healthcare software companies to bring further innovation to the healthcare technology market
BOCA RATON, Fla.—January 12, 2021— Modernizing Medicine today announced it has acquired orthopedics electronic health records (EHR) vendor Exscribe. The acquisition brings together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors with a shared mission of increasing practice efficiency by transforming how healthcare information is created, consumed and utilized. With a commitment to streamlining practice operations through intuitive, customizable solutions that adapt to orthopedist’s workflows, Modernizing Medicine and Exscribe will work together to accelerate innovation and bring to market advanced EHR, practice management, and technology solutions intended to improve physician efficiency, reduce burnout, and support value-based care.
“Exscribe and Modernizing Medicine have a shared commitment to customer success and improving patient outcomes and we are excited to work together to leverage our combined orthopedics expertise to move the industry forward,” said Dan Cane, CEO of Modernizing Medicine. “Both companies were founded on the belief that the best EHRs are built specialty specific ‘by physicians, for physicians,’ and that product excellence is a direct reflection of the strength of our team. With that, we are excited to welcome the talented individuals at Exscribe to the Modernizing Medicine family and are confident that we can leverage our combined expertise to enhance and grow our solutions to meet the needs of customers of virtually any size and orthopedic specialization.”
Exscribe was founded in 2000 by nationally-renowned orthopedic surgeon Ranjan Sachdev, MD, MBA, CHC, who was looking for a better way to manage his orthopedic practice. Working with a team of orthopedists and IT professionals, Dr. Sachdev developed the Exscribe Orthopaedic EHR, which today is among the leading specialty-specific healthcare technology solutions available. Leveraging machine learning and artificial intelligence, Exscribe’s EHR is intuitive, enabling orthopedists to use one-click treatment plans for specific conditions, including orders for surgery and therapy, prescriptions, patient education, referral letters, and more. Exscribe Founder and CEO, Dr. Sachdev and other members of the Exscribe team will be joining Modernizing Medicine, and through the increased scale and combined expertise, both companies intend to continue providing world-class technology solutions and support to orthopedic customers.
“Modernizing Medicine is known for its state of the art web based offerings, growing presence in the orthopedics space and commitment to working with customers to build solutions that meet the needs of orthopedists and their office staff,” said Dr. Sachdev. “Existing Exscribe customers will experience very few immediate changes. In the long term, we look forward to leveraging the decades of expertise from both companies to build fully interoperable EHR technologies that solve administrative inefficiencies and promote orthopedic excellence.”
Modernizing Medicine’s top-rated specialty-specific orthopedic electronic health records (EHR) system, EMA® Orthopedics, has been named the number one EHR in orthopedics for three consecutive years by Black Book™. The mobile-, touch- and cloud-based solution was designed to help orthopedic physicians move through exams and procedures efficiently. The ModMed® Orthopedics suite of products includes Practice Management, Business Operations Services, Analytics and patient engagement tools, as well as ModMed Telehealth.
To learn more about Modernizing Medicine and Exscribe, visit: www.modmed.com
About Modernizing Medicine
Modernizing Medicine and its affiliated companies empower healthcare providers and medical practices with a suite of solutions designed to transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. The award-winning healthcare technology company works with providers nationwide in the specialties of dermatology, ophthalmology, orthopedics, otolaryngology, plastic surgery, gastroenterology, pain management and urology, as well as ambulatory surgery centers. Modernizing Medicine and its affiliated companies provide a suite of solutions including the electronic health records (EHR) system, EMA®, and the GI-specific EHR, gGastro®. The healthcare suite includes Practice Management, Business Operations Services, Analytics, payment processing services and patient engagement tools such as telehealth. Built with the help of on-staff practicing physicians, the all-in-one EHR systems help provide a more complete picture into the clinical, operational and financial aspects of specialty medical practices with the goal of helping practices focus even more of their time on patient care. For more information, please visit www.modmed.com. Connect with Modernizing Medicine via its blog, Facebook, LinkedIn, Twitter and Instagram.