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Cadrillion Capital
1901 Roxborough Rd Suite 210, Charlotte, NC 28211
T: (704) 553-8457 | F: (704) 553-8465
info@cadrillion.com

MEDDATA CASE STUDY

MedData

 

Verl, Scott, and Steven Purdy were founders of MedData in 1997. MedData was an early web-based health care company, focusing on referral automation. It transformed itself into one the largest eligibility clearinghouses in the US, through organic growth and opportunistic acquisitions to capture strategic market positions. MedData provides strategic data solutions to enhance customer operational efficiency and financial performance.

Structured upon the foundation of expertise in developing and maintaining proprietary data networks, MedData serves the health care market through two businesses, Provider Services and Payor Services. Provider services include real-time eligibility, referral tracking, claims status inquiry and claims processing. Payor services include encounter data management, performance analytics and benchmarking, HEIDS reporting and claims processing. MedData serves over 4,000 physicians offices, 130 integrated healthcare networks, 150 major healthcare payors and processed over 100 million real time transactions in 2009.

MedData was sold to TransUnion in the fourth quarter of 2009.

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CADRILLION CAPITAL

1901 Roxborough Road.,
Suite 100,
Charlotte, NC 28211
T: 704-553-8457
F: 704-553-8465

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