Madaket Health
Madaket Health automates provider data management, payer enrollment, and compliance for healthcare organizations.
Founded
2012Madaket Health automates provider data management, payer enrollment, and compliance for healthcare organizations.
Madaket Health differentiates with a comprehensive all-in-one platform rather than fragmented point solutions that require multiple systems to manage provider data. Its system optimizes enrollment workflows, ensures compliance, and provides real-time insights instead of simple data storage.
More than 80 percent of United States provider groups rely on Madaket for essential operations, and the platform is available on AWS Marketplace. Continuous automated data exchange with network-wide accuracy reduces manual work without increasing headcount.
Source: madakethealth.com
Madaket Health is led by President and Chief Executive Officer Megan Schmidt with Chief Data Officer Ted Achtem, Chief Operating Officer Jeannine Dahling, and Chief Technology Officer Benedict Dsilva. Co-founders Jim Dougherty and Mads Kvalsvik remain associated with the company alongside board member Jerry Held.
The company serves health plans and payers, providers and health systems, EHR vendors, MSOs, clearinghouses, dentists, mental health, and telehealth organizations. Its stated mission is eliminating inefficient manual processes that cost healthcare billions of dollars and countless hours.
Source: madakethealth.com
Madaket Health provides an all-in-one provider data management platform covering Provider Data Exchange, payer enrollment, unique provider profiles, and EDI and EFT enrollments. Its payer enrollment library spans more than 4,000 payers, while EDI and EFT workflows connect with more than 6,000 payers and 350 trading partners.
The SOC 2 Type 2-compliant platform continuously ingests, standardizes, validates, and synchronizes provider data through an always-on feedback loop. Madaket reports that 99 percent of EDI and EFT enrollments complete in one to two days with real-time dashboards for status and delegation.
Source: madakethealth.com