Madaket Health

Madaket Health

Connecting healthcare providers, insurance companies and intermediaries. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD20182019202020212023
Revenues4.1m8.1m8.1m8.1m3.1m
% growth-97 %---
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Seed
N/A

$1.5m

Seed

N/A

Early VC

N/A

Series A
*

$10.0m

Series B
Total Funding€10.5m

Recent News about Madaket Health

Edit
More about Madaket Healthinfo icon
Edit

Madaket Health simplifies the complex process of provider data management, focusing on enrollment, credentialing, and data exchange between healthcare providers and payers. Operating in the healthcare technology market, Madaket Health serves providers, payers, clearinghouses, and revenue cycle management (RCM) vendors. The platform allows providers to enter their data once, which is then used for multiple transactions, reducing administrative waste and saving time. By automating administrative tasks such as electronic funds transfer (EFT), electronic remittance advice (ERA), and electronic data interchange (EDI), Madaket Health enhances efficiency and accuracy. The business model revolves around subscription fees and transaction-based pricing, generating revenue through the use of its platform. The company aims to improve the payer-provider relationship by making data management seamless and reducing the need for manual processes.

Keywords: provider data management, payer enrollment, credentialing, healthcare technology, administrative automation, EFT, ERA, EDI, RCM vendors, efficiency.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.