Modernizing Medicine Reviews

8.6

Overall

8.6/10

Ease of Use

8.8/10

Flexibility

9.0/10

Service & Support

8.2/10

Value for the money

8.3/10

Pros

  • Earns numerous #1 Rankings for Specialty-specific EHR Systems by Black Book.
  • Known for its artificial intelligence to help doctors support diagnosis and treatments.
  • Has a mobile first approach helping make patient engagement a success.
  • Offers a telemedicine solution.
  • Have more free time. Built by actual physicians, resulting in features to save you time.

Cons

  • Only covers 8 specialties at the time this was written. Hopefully they expand to help other medical specialty practices.
  • With $318 Million invested in them, they need to prove their business model and show results. Always the chance of price disruption through IPO or M&A activity.

MODERNIZING MEDICINE REVIEWS

How would you rate Modernizing Medicine? How is the support? Is it user friendly? What do you think are the pros and cons of Modernizing Medicine? We provide Modernizing Medicine reviews based on crowd sourcing to help in the search for a new EHR.

WHAT MAKES MODERNIZING MEDICINE DIFFERENT FROM OTHER EHRS?

Modernizing Medicine focuses on a variety of technology and service solutions for specialty medical practices including EHR, practice management, medical billing services and revenue cycle management.

Their flagship, powerhouse solution is called EMA (Electronic Medical Assistant). One of their main selling points is that they allow physicians to have more free time because their Modernizing Medicine is so efficient and easy to use.

And if you are looking to track and analyze your performance in real-time, ModMed can provide your practice with robust benchmarking and analytics tools.

A key driver for Modernizing Medicine is patient engagement. They offer a suite of tools including telemedicine, patient portal and patient kiosk. And they have been able to stay ahead of their competition through “mobile first” solutions.

Finally, Modernizing Medicine offers advisory services such as concierge coaching to help medical practices achieve MIPS success.

WHAT SPECIALTIES DOES MODERNIZING MEDICINE FOCUS ON?

Emerging as an industry leader, Modernizing Medicine uses its focus on medical specialties as part of its differentiation strategy.

Continuously just about every year, Modernizing Medicine earns numerous #1 Rankings by Black Book for Specialty-specific EHR Systems.

They offer specialty EHR solutions for the following fields of medicine:

  • Dermatology
  • Gastroenterology
  • Ophthalmology
  • Orthopedics
  • Otolaryngology
  • Pain Management
  • Plastic Surgery
  • Urology

MODERNIZING MEDICINE PRICING

What does Modernizing Medicine pricing look like? ModMed has a powerful product that offers value to its customers.

Make sure to do your homework and compare quotes from EHR vendors to get the best deal for your specialty practice.

PATIENT ENGAGEMENT SOLUTIONS FROM MODERNIZING MEDICINE

As previously stated, a key driver for Modernizing Medicine is patient engagement. In order to solve for patient engagement in the new digital age, Modernizing Medicine uses what they call a “digital front door strategy”. At this point in time, every practice should consider a mobile first approach to patient engagement.

With their tools you can help collect payments faster, reduce no-shows, increase patient satisfaction and much more.

Modernizing Medicine published some results on their website from a case study with an ophthalmology practice where by implementing appointment reminders they were able to reduce no-shows by 62% (to now have a 1.7% no-show rate).

In today’s digital world, Modernizing Medicine boasts that by using the best patient engagement tools and technology solutions (like theirs of course) can take a practice’s customer service to a whole new level.

MODERNIZING MEDICINE BILLING SOLUTIONS

Just like most of its competitors, Modernizing Medicine does offer medical billing services and solutions, but tout their billing specialists as a key to success. ModMed Boost, their practice management and business operation services also provide complete visibility into all the financials. And with their focus on specialty practices, Modernizing Medicine can offer peace of mind to those practices who are concerned about the complexity that comes with practicing specialty medicine.

HOW DOES MODERNIZING MEDICINE USE INNOVATION TO WIN?

Innovation is taken very seriously at Modernizing Medicine. They are looking to continually innovate their products and services to live up to their name of Modernizing Medicine. In addition, they put efforts into creating a culture of innovation within their organization such as developing the group Modernizing Medicine Women in Innovation and Technology.

DOES MODERNIZING MEDICINE USE AI?

It doesn’t get more innovative than leveraging Artificial intelligence (AI). Based on Healthcare IT News, “Modernizing Medicine has a focus on AI, using aggregated, deidentified data to create population-level insights that are then delivered back to the physician.”1

With the growing trend of AI in healthcare, this helps give Modernizing Medicine an edge over the competition.

PROS AND CONS OF MODERNIZING MEDICINE

Be sure to understand the advantages and disadvantages of Modernizing Medicine. Along with Modernizing Medicine reviews, we summarized the pros and cons:

Pros

  • Continually earns numerous #1 Rankings by Black Book for Specialty-specific EHR Systems.
  • Known for its AI to help doctors support diagnosis and treatment.
  • Mobile first approach for patient engagement success.
  • They offer a telemedicine solution.
  • Built by actual physicians, resulting in features to be more efficient which allows for more free time.

Cons

  • So far at the time this was written, they only cover 8 specialties. Hopefully Modernizing Medicine will expand to help other medical specialty practices.
  • With $318 Million invested in them1, they need to prove their business model and show results. Always the chance of price disruption through IPO or M&A activity.

1https://www.healthcareitnews.com/news/specialty-ehr-vendor-modernizing-medicine-raises-231-million

Information and insights from www.modmed.com and crowd sourced.