About Medvensys
Medvensys is a company based in Cary (United States) founded in 2016 was acquired by Advalent in August 2018. Medvensys operates in a competitive market with competitors including Aledade, Lumeris, Arcadia, Aetion and Evolent, among others.
- Headquarter Cary, United States
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medvensys.com
- Social LinkedIn X
- Acquired by Advalent (Aug 2018)
Investors in Medvensys
Medvensys has secured backing from 1 investor. Prominent investors backing the company include Advalent.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides tools for enrollment, analytics, and population health management in healthcare. | 2009 | advalent.com | Westborough, United States |
Investor details for Medvensys
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Timeline of Medvensys
2 dated milestones of Medvensys across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Medvensys is founded.
- Exit Acquired by Advalent.
Competitors of Medvensys
Medvensys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aledade, Lumeris, Arcadia, Aetion and Evolent, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aledade.com | 2014 | Bethesda, United States | $780.49M | 1,346 | Primary care physician platform for patient care delivery is provided. | |
| lumeris.com | 2001 | Maryland Heights, United States | $477.3M | 1,375 | Lumeris offers population management and accountable care solutions | |
| arcadia.io | 2002 | Boston, United States | $72.5M | 409 | AI-based healthcare data analytics platform is provided for organizations. | |
| aetion.com | 2012 | New York, United States | $203.6M | – | Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population | |
| evolent.com | 2010 | Arlington, United States | $100M | – | Intelligent solutions for complex health conditions are delivered through partnerships. | |
| advantumhealth.com | 2013 | Louisville, United States | – | 413 | Healthcare providers are supported in shifting to value-based care models. | |
| wellcentive.com | 2005 | Alpharetta, United States | $18.48M | 106 | Providing cloud-based population health management and data analytic solutions for HCOs | |
| hoppen.care | 2011 | Cesson Sevigne, France | $35.25M | – | Digital health tools are provided for hospital care management systems. | |
| truvenhealth.com | 2012 | Ann Arbor, United States | – | 54,912 | Healthcare analytics and data integration solutions are delivered. | |
| citrahealth.com | 2012 | Jacksonville, United States | $22.5M | – | IT solutions are provided for healthcare payers and providers. |
Detailed competitors of Medvensys
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Similar companies to Medvensys
10 companies that operate in the same segment as Medvensys (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Frequently Asked Questions about Medvensys
Medvensys was founded in 2016.
Medvensys is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Medvensys offers a cloud-based analytical solution to improve financial and clinical outcomes for healthcare organizations. Solutions offered by the company include Medvensys Network360, Medvensys Quality360, Medvensys Risk360 and Medvensys CliniFlow. Medvensys Network360 calculates provider performance variation for payers to deploy appropriate value-based contracts. Medvensys Quality360 uses predictive analytics to detect gaps in care and quality. Medvensys Risk360 provides a risk score using advanced analytics against both clinical and administrative datasets. Medvensys CliniFlow uses analytics to derive cinical workflow.
Medvensys has 1 investor. Key investors include Advalent.
Yes. Medvensys was acquired by Advalent in August 2018.