About Medavin
Medavin is a Healthcare company based in Delhi (India) founded in 2014. It provides medical billing and revenue cycle management solutions for healthcare businesses. It operates on a B2B model. The company has 24 employees. Its Indian entity Medavin Healthtech Private Limited reported revenue of ₹3.65 Cr. Medavin offers products and services including Medical Billing Services, Workforce Solutions, and Insurance Follow-up. Its focus areas include Healthcare and Life Sciences, Healthtech, Consulting Services and Denial Management.
Company details
Medavin Healthtech specializes in revenue cycle management, offering services like medical billing, patient registration, charge posting, and insurance follow-up. They provide flexible, cloud-based, HIPAA-compliant solutions to help medical offices reduce costs and improve collections. The company focuses on transparent processes and trained staff, serving clients in the healthcare sector with no long-term contracts. Based in the US, they emphasize efficiency and productivity in their operations.
- Headquarters Delhi, India
- Employees 24
- SectorsHealthcare
- Email••••••••
- Website medavin.com
- Social X
- Legal Name Medavin Healthtech Private Limited
- Date of Incorporation 30 May, 2014
- Jurisdiction Delhi, India
- Annual Revenue₹3.65 Cr
FY 2024 · +17% YoY
- Net Profit₹10.1 Lakh
FY 2024 · 3% margin
- EBITDA₹28.5 Lakh
FY 2024 · 8% margin
- Employee Count24
Associated legal entities of Medavin
Medavin operates through Medavin Healthtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medavin Healthtech Private Limited CIN U74140DL2014PTC267716 | Active | 30 May 2014 | Delhi, Delhi | ₹3.7 Cr | 24 | 2 | View details |
Products & Services of Medavin
Medavin offers a comprehensive portfolio of products and services, including Medical Billing Services, Workforce Solutions, and Insurance Follow-up.
Handles billing and payment processes for healthcare providers.
Offers trained professionals for medical billing tasks at reduced cost.
Manages insurance claims and denial resolution for clients.
Board of directors of Medavin Healthtech Private Limited (Medavin)
Medavin Healthtech Private Limited is the primary company behind Medavin. The board of Medavin Healthtech Private Limited currently have 2 directors; the longest-serving is Pravin S Chauhan, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pravin S Chauhan DIN 05302756 | Director | 30 May 2014 | 12 yrs 5 mo | Medavin Healthtech Private Limited |
| Ritu Chauhan DIN 06802303 | Director | 30 May 2014 | 12 yrs 5 mo | Medavin Healthtech Private Limited |
Financials of Medavin
Figures of Medavin Healthtech Private Limited, the primary company behind Medavin, for FY 2024. Revenue was ₹3.65 Cr (+17% year on year). Net profit was ₹10.1 Lakh (3% margin). EBITDA was ₹28.5 Lakh (8% margin). Revenue has grown at a compounded annual rate of +39% over three years and +25% over five years.
- ₹3.65 CrRevenue · FY 2024 · +17% YoY
- ₹10.1 LakhNet profit · 3% margin
- ₹28.5 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- 24Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medavin Healthtech Private Limited are on its company page.
Detailed financial statements for Medavin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Hospitals & Clinical Care
3 companies that operate in the same segment as Medavin (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Maternity, childcare, and fertility services are delivered via hospital chains. | 2007 | Bengaluru, Karnataka, India | USD 204.87 M | USD 140.46 M | 4,459 | |
Chain of oncology hospitals | 1989 | Bengaluru, Karnataka, India | USD 36.59 M | USD 270.51 M | 8,400 | |
Chain of multi-super specialty healthcare hospitals | 2004 | Gurugram, Haryana, India | USD 104.7 M | USD 461.72 M | 12,240 |
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Frequently Asked Questions about Medavin
Medavin was founded in 2014.
Medavin is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Medavin has 24 employees.
The primary company behind Medavin, Medavin Healthtech Private Limited, reported revenue of ₹3.65 Cr for FY 2024, up 17% year on year.
Medavin Healthtech specializes in revenue cycle management, offering services like medical billing, patient registration, charge posting, and insurance follow-up. They provide flexible, cloud-based, HIPAA-compliant solutions to help medical offices reduce costs and improve collections. The company focuses on transparent processes and trained staff, serving clients in the healthcare sector with no long-term contracts. Based in the US, they emphasize efficiency and productivity in their operations.
Medavin offers Medical Billing Services, Workforce Solutions, and Insurance Follow-up.
Medavin operates through Medavin Healthtech Private Limited.
The legal entities of Medavin currently have 2 directors, including Pravin S Chauhan, Ritu Chauhan.