MedData

Brecksville, United States Founded: 1980 • Age: 46 yrs Acquired By The Edgewater Funds
RCM and billing services

About MedData

MedData is a Healthcare company based in Brecksville (United States) founded in 1980, and was acquired by The Edgewater Funds in February 2020. RCM and billing services. MedData has completed 4 acquisitions, including Cardon Outreach, Duet Health and Meddirect. Its focus areas include Services for Healthcare Providers, BPO and Revenue Cycle Management. Its competitors include Performant Financial, GeBBS and Xtend Healthcare.

Company details

MedData offers revenue cycle management and patient financial lifecycle services to healthcare providers. Offers billing, coding, collections, and payment compliance. Solutions also include a range of patient access communications, revenue cycle management, and consulting analytics services, including billing, coding, patient balances, eligibility enrollment, third party liability, and Medicaid compliance services. In addition, it offers extended business office services, including AR conversions, call center outsourcing, the point of service payment processing, patient communicationsappointment scheduling, patient satisfaction surveys, and contract negotiations services. Was acquired by Mednax in September 2014 and operates as its subsidiary. Acquired Duet Health in May, 2016.

Key Metrics

Investors in MedData

MedData has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Frazier Healthcare Partners, Edgewater Funds and Baird Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Healthcare sector private equity investments are managed by the firm.
1991frazierhealthcare.comSeattle, United States
Private equity firm provides capital and expertise to accelerate business growth through partnerships.
2006edgewaterfunds.comLoveland, United States
Global private equity and venture capital investments in B2B Tech & Services companies.
bairdcapital.com
mednax.com
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People of MedData

40 people are tracked at MedData (13 in leadership, 27 in team).

NameRoleGroup
Frank Stellato
CFOLeadership
Tom Birchfield
VP & General CounselLeadership
Michael Shea
Chairman & CEOLeadership
Gus Montes
Executive Director Of OperationsLeadership
Lori Duff
Director Of Human ResourcesLeadership
Amy Cook
Human Resources DirectorLeadership
Hallet Watz
Chief Medical OfficerLeadership
Stephen Ghiglieri
Chief Financial OfficerLeadership
Wendy Schoenfeld
Director Of OperationsLeadership
Michelle Kuzniar
Director Of Compliance And AuditLeadership
Pam Stitt
Vice President Of Compliance And EducationLeadership
Tammy Cox
Executive Director Of AR Follow-upLeadership
Brenda Brown
Director Of Compliance Audits EducationLeadership
Tony Briggs
CIOTeam
Tom Watters
SVP of Corporate Development & StrategyTeam
Brittany Shuffield
Operations ManagerTeam
Lynn Musselwhite
EVP of OperationsTeam
Emily Arias
EVP of OperationsTeam
Nicole Guido
SVP of SalesTeam
Jack Tindal
SVP of Human ResourcesTeam

20 more people are available in the full profile.

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Investments & Acquisitions by MedData

MedData has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cardon Outreach, Duet Health and Meddirect.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Healthcare revenue cycle management services are provided by RevClaims.
revclaims.comJackson, United States2005Feb 2021β€’β€’β€’β€’
Revenue cycle management services for healthcare providers are delivered.
cardonoutreach.comThe Woodlands, United States1991Jun 2016$400M
Empowers health providers, plans with education, communication, and engagement for enterprise delivery to patient populations.
duethealth.comOhio, United States2010May 2016β€’β€’β€’β€’
Provider of revenue management and communication platform for healthcare organisations
meddirect.netGrand Rapids, United States2008Jan 2012β€’β€’β€’β€’
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Complete acquisition details for MedData

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Timeline of MedData

9 dated milestones of MedData across 41 years, from founding to its latest funding, stage changes and deals.

  1. Founded MedData is founded.
  2. Exit Acquired by Baird Capital.
  3. Acquisition Acquires Meddirect.
  4. Exit Acquired by MEDNAX.
  5. Acquisition Acquires Duet Health.
  6. Acquisition Acquires Cardon Outreach.
  7. Exit Acquired by Frazier Healthcare Partners.
  8. Exit Acquired by The Edgewater Funds.
  9. Acquisition Acquires RevClaims.

Competitors of MedData

MedData has 3 listed competitors in our database. They include Performant Financial, GeBBS and Xtend Healthcare.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
performantcorp.com1976Livermore, United States1,023
Recovery solutions for government obligations are provided by Performant Financial.
gebbs.com2005Los Angeles, United States11,292
Revenue Cycle Management services are provided to healthcare organizations.
xtendhealthcare.net1990Hendersonville, United States728
Revenue cycle management services are provided to healthcare organizations.
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Detailed competitors of MedData

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Web traffic of MedData

Websites that share an audience with MedData (meddata.com).

Similar websites

Websites whose visitors overlap most with MedData. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cep.com
cep.com
100%
#1,862,008–
locumleaders.com
100%
View details
cogenthealthcare.com
99%
View details

Top companies in Healthcare Provider Support Services

3 companies that operate in the same segment as MedData (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of self funded health plan
2017New York, New York, United StatesUSD 224 M212
Provider of AI solutions for clinical, operational, and business outcomes
2005Princeton, New Jersey, United StatesUSD 1.13 BUSD 465.22 M5,442
AMN Healthcare is recognized as a leading healthcare staffing provider.
1985San Diego, California, United StatesUSD 2.73 B2,970
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Related news about Meddata

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Frequently Asked Questions about MedData

MedData was founded in 1980.

MedData is headquartered in Brecksville, United States. It is registered at Brecksville, Ohio, United States.

MedData offers revenue cycle management and patient financial lifecycle services to healthcare providers. Offers billing, coding, collections, and payment compliance. Solutions also include a range of patient access communications, revenue cycle management, and consulting analytics services, including billing, coding, patient balances, eligibility enrollment, third party liability, and Medicaid compliance services. In addition, it offers extended business office services, including AR conversions, call center outsourcing, the point of service payment processing, patient communicationsappointment scheduling, patient satisfaction surveys, and contract negotiations services. Was acquired by Mednax in September 2014 and operates as its subsidiary. Acquired Duet Health in May, 2016.

MedData's top competitors include GeBBS, Performant Financial and Xtend Healthcare.

MedData has made 4 acquisitions, including Cardon Outreach, Duet Health, and Meddirect.

MedData has 4 investors. Key investors include Frazier Healthcare Partners, Edgewater Funds, Baird Capital, and MEDNAX.

Yes. MedData was acquired by Frazier Healthcare Partners in October 2019.

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