ModMed® Acquires Maker of the Klara® Practice & Patient Collaboration Platform

Healthcare technology leader plans to deliver increased collaboration to the healthcare industry.

BOCA RATON, Fla.--(BUSINESS WIRE)--ModMed^® has acquired Klara^®, a leader in patient communication and collaboration whose platform empowers patients to take more control of their healthcare experience and practices to increase efficiency. Klara’s platform is designed to enable collaboration and communication between practice and patient, including how patients discover, select and engage with a provider. The capability for practices and patients to collaborate digitally has never been more important.

“We are in the midst of one of healthcare’s greatest shifts and Klara is a leading innovator toward a more patient-centric experience,” said Dan Cane, Chief Executive Officer of ModMed. “Frankly, we believe this is a new category. We see a future where unified collaboration platforms will create a more convenient and frictionless environment - where conversations and the data they contain flow directly into EHR and PM systems while also connecting back to patients and practices and third-party providers like pharmacies, labs, and insurance companies. We believe that this more convenient and frictionless environment can fundamentally improve interactions, involvement and ownership of healthcare outcomes across the ecosystem.”

Between the pandemic, staff shortages, population growth, and the rise of aging boomers, healthcare workers are burning out at an alarming rate. When coupled with growing consumer demand for technologies that help patients take a more active role in their care, the healthcare industry can benefit from innovative solutions that better support the medical community and further empower patients.

“ModMed is well-known for its deep focus on healthcare technology research and development and for taking a customer-led approach to helping providers create efficiencies and save time,” said Simon Bolz, Co-Founder of Klara. Dr. Simon Lorenz, also Co-Founder of Klara, added: “We look forward to leveraging our expertise as well as technology and working together to deliver even better patient-centric innovations so that we continue to improve the experience for all patients.”

Cane continued, “We are beyond excited to help shape this next frontier which has the potential to alleviate pressures on healthcare workers, give greater control to patients, and improve on healthcare collaboration throughout the industry.”

For more information about Klara, please visit www.Klara.com.

About ModMed

ModMed is transforming healthcare by placing doctors and patients at the center of care through an intelligent, specialty-specific cloud platform. With our electronic health records (EHR) and practice management (PM) systems, and our revenue cycle management (RCM) services, our all-in-one solution empowers specialty medical practices to do their best work by providing them with clinical, financial and operational software solutions designed to enable better, more personalized patient care. Our staff physicians help to develop products and services for dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, podiatry and urology practices, as well as ambulatory surgery centers. For more information, visit www.modmed.com. Connect with ModMed via its blog, Facebook, LinkedIn, Twitter and Instagram.

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