Business leaders hailed it as the largest jobs project in Palm Beach County since 2009. Thursday Governor Rick Scott announced Boca Raton-based Modernizing Medicine will add more than 800 jobs by 2022.
The healthcare technology company will also relocate its headquarters from the Research Park at Florida Atlantic University to the former IBM campus across town.
“We are extremely excited to expand our presence and create more jobs across a wide range of fields in South Florida,” said CEO Dan Cane.
The state, county and city all contributed to an incentive package that will award Modernizing Medicine $6 million if it adds 838 jobs by 2022.
“Boca Raton is just a great place to do business,” Scott said, adding he’s visited Modernizing Medicine several times since its creation in 2010; and each time it has more and more employees.
The company currently employs more than 550 people, 400 are based in Boca Raton.
“We came to Boca very intentionally,” Cane admitted.
He said proximity to colleges and universities, plus a pool of tech-savvy graduates make Boca Raton the perfect destination between Miami and Jupiter.
“We’ve spent a lot of time developing a pipeline,” Cane added.
The governor recognized Financial Analyst Oscar Isoba during a ceremony Thursday. Isoba started at Modernizing Medicine as an intern during his undergraduate time at FAU. Now, he is a full-time employee while pursuing his master’s degree.
“As any college student, you try to find as many opportunities as possible to get as much experience as possible because once you graduate, you’re in the real world,” Isoba explained.
Modernizing Medicine created the Electronic Medical Assistant. It’s an app that makes the healthcare process more efficient for doctors and patients. Currently doctors in all 50 states and Canada use the application.
Cane explained the program intuitively adapts to how each doctor works. That way it can almost predict what type of treatment a patient will need.
“It makes for better doctors, it makes much better patient experience and leads to better patient outcomes,” Cane explained.
He said about 40 percent of dermatologist in the United States use the Electronic Medical Assistant.
Thanks to a $231 million investment earlier this year, Modernizing Medicine has plans to scale up production. That begins with new hires and a new headquarters.
Boca Raton Mayor Susan Haynie said in the past six years the city has created or retained 9,400 jobs.