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Klara Is Acquired by ModMed

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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 has been acquired by ModMed.

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.”

Cane added, “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.”

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Medical Device News Magazine provides breaking medical device / biotechnology news. Our subscribers include medical specialists, device industry executives, investors, and other allied health professionals, as well as patients who are interested in researching various medical devices. We hope you find value in our easy-to-read publication and its overall objectives! Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

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