Med Advantage

Orlando, United States Founded: 1993 • Age: 33 yrs Acquired By Verisys
Provider of medical credentialing and provider enrollment services among others
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About Med Advantage

Med Advantage was established in 1993 in Orlando, United States, within the healthcare services sector. Credentialing processes for medical professionals are managed, alongside provider enrollment into insurance networks and regulatory systems. Additional support for compliance and administrative tasks in healthcare is handled. Operations are centered in the U.S., assisting various medical organizations with streamlined enrollment and verification procedures.

  • Headquarter Orlando, United States
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Verisys
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Verisys

    & 1 more

    (Jul 19, 2021)

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Funding Insights of Med Advantage

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Med Advantage

Med Advantage has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Advantum Health and Verisys. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Screening, monitoring, verification, and credentialing tools are provided by Verisys.
Founded Year Domain Location
Healthcare providers are supported in shifting to value-based care models.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Med Advantage

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Med Advantage

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Med Advantage Comparisons

Employees
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Competitors of Med Advantage

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Med Advantage

Frequently Asked Questions about Med Advantage

When was Med Advantage founded?

Med Advantage was founded in 1993.

Where is Med Advantage located?

Med Advantage is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.

What does Med Advantage do?

Med Advantage was established in 1993 in Orlando, United States, within the healthcare services sector. Credentialing processes for medical professionals are managed, alongside provider enrollment into insurance networks and regulatory systems. Additional support for compliance and administrative tasks in healthcare is handled. Operations are centered in the U.S., assisting various medical organizations with streamlined enrollment and verification procedures.

Who are Med Advantage's investors?

Med Advantage has 2 investors. Key investors include Advantum Health, and Verisys.

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