Kain Capital has made an investment in MDLand, a tech platform designed to modernize the healthcare industry’s systems. No financial terms were disclosed.
NEW YORK–(BUSINESS WIRE)–Kain Capital LLC announced today it has completed its investment in MDLand, a comprehensive technology platform designed to unify and modernize the healthcare industry’s antiquated and disjointed systems. MDLand equips managed care service providers with the technology needed to work more efficiently and profitably, while improving patient outcomes and generating quality of care performance incentives.
Built by physicians, for physicians, MDLand handles everything from scheduling, practice management, population health management, telemedicine, remote patient monitoring and billing in one comprehensive solution. The cloud-based platform brings together the traditional elements of an electronic health record with newer concepts of population health management making it possible to manage patients more effectively when they are outside of the office, even more relevant today with the COVID-19 pandemic.
“At Kain, we are always looking for transformative businesses like MDLand with opportunities for growth. MDLand has the potential to become the go-to platform for value-based care providers as the healthcare industry continues to shift away from fee-for-service,” says Ben Kraus, Managing Director at Kain Capital. “This system is a simple solution that reduces ‘software clutter’ and allows physicians to focus on what matters most — their patient.”
Since 2018, MDLand’s users have grown more than 40% year-over-year, making it the top choice for independent physicians in New York City. In partnership with Kain Capital’s team of growth experts, MDLand will now turn its focus to national product expansion in 2021.
“With the rapid convergence of quality-driven healthcare and consumer-empowered digital health, we are thrilled to bring an innovative health technology platform with clinical big data analytics, native cloud technologies and mobile-friendly applications to high-performance physicians and emerging healthcare organizations,” says James Long, Co-founder of MDLand. “MDLand’s holistic approach and modern technology infrastructure will deliver better performance and predictable outcomes over many of the systems built 15 or 20 years ago. We continue to allow physicians to be in the center, to be in control, while building new wellness partnerships with their patients.”
About Kain Capital LLC
Kain Capital LLC is a growth-focused private equity fund. Kain Capital’s investment approach to creating long-term value through deep, collaborative involvement with its business partners has been key to achieving stronger results. Further information is available at www.kaincap.com
MDLand International (MDLand) is a leading innovative health information technology company based in New York City providing cloud-based certified electronic health records, a data-driven population health platform, a culturally competent patient engagement and emerging digital health solutions to practices and healthcare organizations.