JLL Represents Modernizing Medicine in 50,000SF Office Expansion, will Create More than 800 jobs in Palm Beach County

7/28/17

Governor Rick Scott announced that Modernizing Medicine plans to expand operations in the historic Boca Raton Innovation Center (BRIC) in Palm Beach County and will add a total of 838 jobs by 2022. Modernizing Medicine is a Florida based company that specializes in healthcare information technology. In addition to the more than 800 new jobs being created, Modernizing Medicine anticipates making a capital investment of more than $15 million in the Boca Raton community.

Governor Scott said, “I am proud that Modernizing Medicine will be expanding in Palm Beach County to create more than 800 new jobs which will provide even more families a great career. Companies like Modernizing Medicine are helping Florida become the best state in the nation for job creation while helping our unemployment rate continue to drop. Now, with the $85 million Florida Job Growth Grant Fund, we will ensure that even more job creators can grow and succeed in Florida.”

Headquartered in Boca Raton, Modernizing Medicine was founded in 2010 by chief executive officer Daniel Cane and chief medical and strategy officer Dr. Michael Sherling and has quickly grown to more than 550 employees. The company empowers physicians with suites of mobile, specialty-specific solutions designed to transform how healthcare information is created, consumed and utilized to increase efficiency and improve outcomes.

Executive Director of the Florida Department of Economic Opportunity Cissy Proctor said, “Modernizing Medicine is growing and expanding its medical software company in Florida, which benefits Florida’s families. With more than 800 new jobs created, this company will provide opportunities for hardworking Floridians. We are proud that they chose Florida for its pro-business climate and talented workforce.”

CEO and Co-Founder of Modernizing Medicine Daniel Cane said, “We are extremely excited to expand our presence and create more jobs across a wide range of fields in South Florida. As a Florida-based technology company, it’s not lost on us that we’re in the backyard of where the modern day era of technology was born. We’re proud to work with Enterprise Florida, the City of Boca Raton and the Business Development Board of Palm Beach County to continue to enhance the already stellar reputation as an area of innovation and growth. I look forward to seeing the company’s long-term impact on the community as well as the modernization of medicine.”

Executive Vice President of Enterprise Florida Mike Grissom said, “Florida-grown companies like Modernizing Medicine create the kind of jobs that open new doors for families across the state. I commend our Governor for focusing on business-friendly policies that make companies like Modernizing Medicine want to grow in Florida.”

President and CEO of the Business Development Board of Palm Beach County Kelly Smallridge said, “Modernizing Medicine is an IT powerhouse and a great Palm Beach County success story. It provides hundreds of jobs and its success demonstrates that the county is an ideal location for technology companies to flourish.”

Mayor of Boca Raton Susan Haynie said, “Modernizing Medicine has been a part of the City of Boca Raton’s corporate community since 2012. With their recent acquisitions, and impressive and continued growth, we’re proud that the Modernizing Medicine team has decided to remain headquartered in Boca Raton and create over 800 jobs in our City.”

JLL represented the tenant in the lease transaction and its Project Development Services division is also overseeing the buildout of the new offices. “As a health information technology leader born here in South Florida, Modernizing Medicine continues to drive innovation in the healthcare technology field with specialty-specific solutions for physicians. We worked closely with Modernizing Medicine’s leadership to ensure the expansion could accommodate its current operations and future growth,” said Barbara Liberatore Black, Managing Director at JLL, who along with Managing Director Alan Kleber and Vice President Cameron Tallon, represented Modernizing Medicine in the lease. “This lease allows the company to expand its operations in the Boca Raton Innovation Center, while creating hundreds of new jobs and making a significant economic contribution to Palm Beach County. By leasing over 50,000 square feet, Modernizing Medicine will be able to grow its presence in a building known for hatching breakthrough innovations,” Black said.

About Modernizing Medicine

Modernizing Medicine® and its affiliated companies empower physicians with a suite of mobile, specialty-specific solutions that transform how healthcare information is created, consumed and utilized to increase efficiency and improve outcomes. Built for value-based healthcare, Modernizing Medicine’s data-driven, touch- and cloud-based products and services are programmed by a team that includes practicing physicians to meet the unique needs of dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, rheumatology and urology practices, as well as ambulatory surgery centers. For more information, please visit www.modmed.com.

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