Madaket automates the manual, error-prone process of enrollment for healthcare providers and payers.
The average healthcare provider works with 25 payers. Providers must be enrolled with payers to receive payments. Each payer requires a unique set of forms, procedures, and data to be submitted. It takes months for payers to fully process provider enrollments – and months before providers start receiving correct payments. Time is wasted dealing with paper forms, correcting manual errors, and tracking down the status of enrollments. Madaket automates the enrollment process. Providers fill out a simple online form once, and Madaket sends the right information to each applicable payer. The result? Less paperwork and faster payment.
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Industry
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Milestones
- Lux investment: 2012
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Founders
- Ted Achtem
- Jim Dougherty
- Mads Kvalsvik
- Scott Soderstrom
LUX Partners
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