The latest news, videos, resources, and insights from Madaket.
The Interchange
Welcome to The Interchange, Madaket’s quarterly newsletter. In this edition, we get you caught up on the latest company news and resources you may have missed.
A Message From Our CEO
Never in the history of healthcare has so much change come into play in such a short period of time. In addition to a prolonged staffing shortage and problematic clinician burnout issues, we now have significant challenges and opportunities related to the No Surprises Act and the proliferation of AI. There’s also the industry’s movement away from Fee For Service healthcare and towards Value Based Care models. The success of which is predicated on the automated movement of NON-clinical provider data. For the past decade, Madaket has been perfecting this automation to help your revenue cycle, EDI, and payer enrollment processes run more efficiently at scale. Now we’re also introducing a new tool to assist your distribution of validated provider rosters. It’s an exciting time in healthcare, but only if you’re able to effortlessly access and share your provider data. If you're not able to automate these processes, we believe CMS will make it very expensive for your organization. Please reach out to learn more—we’re excited to help you grow.
- Eric Demers, CEO
Healthcare IT Today: The Role of Automation in Alleviating Staffing Shortages
Sixty-three percent of health systems are experiencing RCM staffing shortages, contributing to slower revenue cycles and affecting both patients and payers. Madaket CEO Eric Demers wrote about the role of external automation solutions in streamlining revenue cycles and delivering higher quality care to patients.
Trying to remove waste from the system can be an uphill climb. But Madaket has helped to save customers well over $500 million by eliminating redundant data entry, centralizing information and simplifying complex workflows. Eric Demers joined Susan Morse on HIMSScast about shortening revenue cycles, cutting administrative expenses and smoothing provider/payer friction to deliver bigger savings and better care.
Think Medium—Day Zero Podcast: Communication is the Cornerstone
Madaket recently co-hosted Think Medium’s Day Zero podcast to discuss how we're solving for critical communication problems in healthcare and making healthcare data more integrated and actionable.
Our Madaket Minute video series breaks down complex industry challenges, shares expert advice, and highlights up-to-the-minute industry news so you can have the insights you need to thrive in today’s evolving healthcare landscape. Don’t miss our latest episodes.
While it may not be obvious to some, provider data drives the most fundamental processes in the healthcare system. The ability for providers and payers to manage provider data—demographic, professional, and financial—effectively and efficiently is the foundation of a successful provider-payer partnership. Get your bearings on these complex topics in our new guides that provide the groundwork for essential PDM and administrative ops.
Standardize Your Administrative Ops with Madaket's PDM Platform
Eliminating recurring expenses that cost healthcare billions of dollars is our sweet spot. We bring essential provider operations—licensing, enrollment, expirables, verification, and CME management—under one roof so you can complete them all with ease. More than 80% of U.S. provider groups use Madaket PDM for their key provider operations. Start rooting out administrative waste and grow your bottom line with by digitizing PDM with our simple, cloud-based and SOC compliant solution.