Madaket

Madaket, Inc.Founded in 2012 in Cambridge, US, Madaket, Inc. offers a platform that automates healthcare administration.Madaket Health specializes in providing a comprehensive Provider Data Management (PDM) platform designed to streamline healthcare administration operations. The core product offering facilitates payer enrollment automation, licensing, verification, and data integration, addressing inefficiencies in the management of provider data. By employing an all-in-one, fully integrated system, Madaket Health alleviates the burdens associated with traditional manual processes, ultimately enhancing operational efficiency for healthcare organizations. The platform serves a diverse client base, including hospitals, health systems, provider groups, payers, and revenue cycle management services, ensuring real-time access to accurate provider information and compliance with regulatory standards.Madaket Health generates revenue through a subscription-based model tailored for its PDM platform, where clients typically engage in annual or multi-year agreements. The transactions are structured as B2B relationships, where healthcare organizations subscribe to the platform to automate critical processes such as provider enrollment and data management. While specific pricing details are not disclosed, the firm’s offerings include tiered subscription plans that cater to varying needs across different sizes of healthcare organizations.Madaket, Inc. The company is focused on expanding its market presence within North America while also looking to enter additional international markets.

1. Series B

   Jul 23, 2018

   Amount

   $10M

   Investors

   Locked