Madaket Health
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | 4.1m | 8.1m | 8.1m | 8.1m | 3.1m |
% growth | - | 97 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | $1.5m | Seed | |
N/A | Early VC | ||
N/A | Series A | ||
* | $10.0m | Series B | |
Total Funding | CAD15.7m |
Related Content
Recent News about Madaket Health
EditMadaket 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.