M*Modal Announces Leadership Changes

FRANKLIN, TN--(Marketwired - Jun 4, 2013) -  M*Modal, a leading provider of clinical documentation and Speech Understanding™ solutions, today announced that Duncan W. James has become CEO and a member of M*Modal's Board of Directors, replacing Vern Davenport, who has chosen to leave the company. The Company also expanded its leadership team, naming Graham O. King as its new Chairman of the Board.

"This is a very exciting, positive period for M*Modal as it continues to grow and increase its presence in the healthcare industry's important clinical documentation segment," said Greg Belinfanti, Partner, One Equity Partners, owner of M*Modal. "Duncan is a proven leader within the healthcare IT space and we are confident that he will build on the company's current momentum. We thank Vern for his contributions, which have positioned the company for growth, and we wish him the best in his future career endeavors."

"M*Modal has the expertise, resources, and technology to deliver the world's best clinical documentation solutions to healthcare providers in the U.S. and globally," said Duncan James, who comes to M*Modal from QuadraMed, where he served as president and CEO and a member of its Board of Directors. "Joining the team at this pivotal time is exciting because of the impact the company can have on the healthcare industry. Most importantly, M*Modal's solutions enable healthcare providers to reach new levels of quality at the point of care with financial integrity and compliance, an important endeavor as the industry seeks efficient methods to provide what is best for patients."

Prior to leading QuadraMed, James was Group President at McKesson Corporation for nearly a decade. He has more than 25 years of experience in the healthcare information and technology industries, including domestic and international operations, strategic planning, sales and marketing, and product management.

M*Modal's new Chairman of the Board Graham King is a long-time healthcare industry leader and strategic consultant, formerly head of the two largest healthcare information technology companies in the world, Share Medical Systems (now part of Siemens Corporation) and HBOC (now part of McKesson Corporation). He has also served as a director on the boards of seven companies, most of which were publicly owned and technology based across industries such as healthcare, engineering, manufacturing, real estate, and retail.

In related moves, M*Modal also announced that Ron Scarboro, Chief Financial Officer, is appointed Chief Operating Officer of M*Modal. He replaces Amy Amick, who has decided to leave the company. David Woodworth, currently Vice President, Finance, will assume the role of Acting CFO. All changes are effective immediately.

About M*Modal
M*Modal is a leading healthcare technology provider of advanced clinical documentation solutions, enabling hospitals and physicians to enrich the content of patient electronic health records (EHR) for improved healthcare and comprehensive billing integrity. As the largest clinical transcription service provider in the U.S., with a global network of medical editors, M*Modal also provides advanced cloud-based Speech Understanding™ technology and data analytics that enable physicians and clinicians to include the context of their patient narratives into electronic health records in a single step, further enhancing their productivity and the cost-saving efficiency and quality of patient care at the point of care. M*Modal has been recognized as one of the fastest growing technology companies in North America, placing in the top third of Deloitte's Technology Fast 500 for 2012. For more information, please visit www.mmodal.com, Twitter, Facebook and YouTube.