ModMed
Founded Year
2010Stage
Acq - Fin | AliveTotal Raised
$340.42MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-26 points in the past 30 days
About ModMed
ModMed focuses on providing integrated health Information technology (IT) solutions for the gastroenterology industry. Its main offerings include an electronic health records system, endoscopy report writing, practice management, patient engagement, value-based care, data analytics, and revenue cycle management services. ModMed was formerly known as gMed. It was founded in 2010 and is based in Boca Raton, Florida.
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ESPs containing ModMed
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The ambulatory electronic health records (EHR) market provides software solutions to manage patient health data in outpatient or ambulatory care settings, such as physician offices, clinics, and urgent care centers. These EHR systems allow healthcare providers to document and manage patient health information electronically, improving the accuracy and accessibility of patient records. The market i…
ModMed named as Highflier among 10 other companies, including Veradigm, athenahealth, and NextGen Healthcare.
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Expert Collections containing ModMed
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ModMed is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,270 items
Tech IPO Pipeline
286 items
Conference Exhibitors
5,302 items
Digital Health
11,305 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Telehealth
3,114 items
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
ModMed Patents
ModMed has filed 16 patents.
The 3 most popular patent topics include:
- health informatics
- data management
- medical terminology
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/29/2020 | 9/13/2022 | Health informatics, Diagrams, Electronic health records, Medical terminology, Data management | Grant |
Application Date | 1/29/2020 |
|---|---|
Grant Date | 9/13/2022 |
Title | |
Related Topics | Health informatics, Diagrams, Electronic health records, Medical terminology, Data management |
Status | Grant |
Latest ModMed News
Mar 20, 2025
Clearlake Capital Group, a provider of specialized healthcare SaaS technologies, has acquired a majority stake in ModMed, a healthcare technology company, in a deal valuing the firm at $5.3 billion. ModMed develops AI-powered medical practice software designed to improve efficiency for healthcare providers...
ModMed Frequently Asked Questions (FAQ)
When was ModMed founded?
ModMed was founded in 2010.
Where is ModMed's headquarters?
ModMed's headquarters is located at 4700 Exchange Court, Boca Raton.
What is ModMed's latest funding round?
ModMed's latest funding round is Acq - Fin.
How much did ModMed raise?
ModMed raised a total of $340.42M.
Who are the investors of ModMed?
Investors of ModMed include Clearlake Capital Group, Warburg Pincus, Pentland Group, Summit Partners, Sands Capital and 4 more.
Who are ModMed's competitors?
Competitors of ModMed include Gentem and 3 more.
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Compare ModMed to Competitors
MEDITECH specializes in electronic health records (EHR) software within the healthcare technology sector. The company offers a comprehensive EHR platform, which facilitates interoperable data exchange, clinical decision support, and patient care management across various healthcare settings. It was founded in 1969 and is based in Westwood, Massachusetts.
ClinicMind provides healthcare software applications and infrastructure. The company's product is a web-based practice management, billing, and EHR system. One of these products can double encrypt sensitive data and single encrypt non-sensitive data, all while searching for user information to find the information for the user in a database. This also includes data center disaster recovery that is facilitated by two redundant secondary sites. It was formerly known as eSpoc. The company was founded in 2000 and is based in Belleair Bluffs, Florida.
Bamboo Health operates as a healthcare technology solutions company. It focuses on fostering care collaboration and provides information and actionable insights across the continuum of care. The company's technology solutions equip healthcare providers and payers with software, information, and insights to facilitate whole-person care across the physical and behavioral health spectrums. Bamboo Health was formerly known as Appriss Health. The company was founded in 2013 and is based in Louisville, Kentucky.
Surescripts focuses on health intelligence sharing in the healthcare sector. The company offers services such as intelligent prescribing, clinical interoperability, benefits and authorizations, care team evolution, value-based care, and specialty medications, all aimed at increasing patient safety, lowering costs, and improving the quality of care. Surescripts primarily serves sectors such as chain pharmacies, EHR vendors, health plans, health systems, healthcare analytics vendors, long-term and post-acute care, patient access vendors, PBMs, pharmacy technology vendors, and specialty pharmacies. It was founded in 2001 and is based in Arlington, Virginia.
Elation Health is a technology platform that focuses on delivering clinical-first solutions for primary care within the healthcare sector. The company offers a suite of products, including an Electronic Health Records (EHR) system, AI-powered note dictation, telehealth services, medical billing software, and patient engagement tools designed to streamline operations and enhance patient care. Elation Health primarily serves small to medium practices, direct care providers, insurance-taking entities, new practices, care groups, and enterprises and developers. Elation Health was formerly known as ElationEMR. It was founded in 2010 and is based in San Francisco, California.
Enable Healthcare is a medical software company operating in the healthcare technology sector. The company offers a range of solutions including electronic health records, practice management systems, revenue cycle management, chronic care management, telehealth services, and remote patient monitoring. These services primarily cater to the healthcare industry, with a focus on ambulatory care practices. It was founded in 2008 and is based in East Hanover, New Jersey.
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