Modernizing Medicine Secures $10M Credit Facility from Silicon Valley Bank

modernizing-medicineModernizing Medicine, Inc., a Boca Raton, Florida-based provider of an electronic medical record (EMR) system, secured a $10m long-term credit facility from Silicon Valley Bank (SVB).

The company will use the funds for working capital and growth initiatives.

Led by Dan Cane, CEO and co-founder, Modernizing Medicine provides the Electronic Medical Assistant® (EMA™), a cloud-based, specialty-specific electronic medical records (EMR) system built by practicing physicians.
Available as a native iPad application and from almost any web-enabled Mac or PC, EMA adapts to each provider’s unique style of practice.
The ICD-10 ready EMR system is available for the dermatology, ophthalmology, orthopedics, otolaryngology, gastroenterology, urology and plastic surgery markets and used by over 6,000 providers in the United States and its territories.
The Modernizing Medicine family of companies also provides specialty-specific billing and inventory management.

FinSMEs

31/08/2015

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