Madaket Health Achieving Rapid Growth Due to Increased Demand for Healthcare Administration Automation and Provider Data Accuracy

Newly appointed veteran executive and sales teams to lead the company through next phase of growth

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Madaket Health, a leader in provider-payer collaboration and data exchange, today announced rapid growth fueled by increased demand for accurate, reliable provider data in healthcare. To further the company’s success and continued market expansion, Madaket has fortified its leadership and sales teams.

The healthcare industry is under great pressure to provide visibility into more of their practices and operations, which increases the necessity of having the most accurate data available. During 2024, Madaket achieved incredible growth in revenue and partnerships and is on course to exceed projections this year.

To meet demand, Madaket has appointed Gregg Morin as vice president of partnerships, Scott Acrey and Ed Calderon as senior sales executives, and Devon Hunter as sales executive. With more than 70 years of collective sales and healthcare industry knowledge, this team has held positions at top organizations, including Softeq, Epiq, symplr, Virsys12, Oracle, Aramark Healthcare, and PerfectServe. These appointments come at a pivotal time as healthcare organizations face mounting regulatory pressures, including the No Surprises Act and recent price transparency mandates, which demand more precise and up-to-date provider data.

Madaket has established strategic partnerships with leading healthcare technology solutions providers, including Verisys, ProviderTrust, and NextGen Healthcare. By integrating Madaket’s capabilities into their platforms, organizations have enhanced provider data accuracy across payer-provider ecosystems and streamlined payer enrollment for provider networks.

“Inaccurate provider data has long been one of healthcare’s most complex and costly challenges,” said Madaket Health CEO Eric Demers. “With our new team members on board, we’re well-positioned to help more organizations – payers, providers, and industry partners – streamline their data, reduce administrative burden, and ultimately, help deliver better patient care.”

Alongside provider enrollment platforms and services, Madaket’s Provider Data Management (PDM) platform and Provider Directory offer a comprehensive, single source of truth for the most accurate, up-to-date information on the market through its Provider Data Exchange (PDX) system. Real-time and automated updates to the Provider Directory help payers effortlessly comply with the No Surprises Act’s 48-hour requirement.

About Madaket Health
Madaket Health targets billions of dollars in healthcare administrative waste by simplifying provider data management, revenue cycle, and exchange processes. Eighty percent of provider groups have exchanged data through the company’s platform, which validates, automates, and synchronizes provider data between payers and healthcare organizations to improve patient and member experience, enhance revenue, and ensure regulatory compliance. Learn how Madaket Health mitigates claims processing delays and stems lost revenue by addressing data problems at the source with a fully connected provider data analytics and insights platform at madakethealth.com.