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.
Featured Insights
Health Payment Systems Selects Madaket Health to Assist with Provider Data Management
Health Payment Systems, Inc. (HPS) announced that they’ve selected Madaket’s Provider Data Exchange (PDX) platform as the chosen solution for provider directory management to ensure compliance with the No Surprises Act. Madaket’s PDX platform will support HPS’s 27,000 providers across 96 hospitals by automating their payer roster, validating real-time provider information, and ultimately reducing their administrative burden.
Madaket Health Releases Provider Data Exchange to Help Payers Remain Compliant with the No Surprises Act
Madaket's Provider Data Exchange is an advanced infrastructure that streamlines critical information exchange, ensuring a single source of truth and regulatory compliance, and freeing administrators to focus on other tasks.
The No Surprises Act (NSA) is good news for patients but has created administrative challenges for payers and providers. Madaket CEO Eric Demers’ article, "No More Surprises: Automation Ensures Compliance" discusses the NSA’s intent to protect patients; requirements for providers and payers; the cost of non-compliance; and how an automated approach can ensure NSA adherence. It was published in the October 17th issue of HIT Consultant.
Spiceworks News & Insights - How Automation Delivers NSA Compliance While Reducing Administrative Waste
Many healthcare payers must significantly adjust their business processes to avoid violating updated regulations of the new No Surprises Act (NSA). In a recent Spiceworks News & Insights article, Eric Demers explains why a strategic and automated approach to handling provider data management is the best path forward to meet NSA requirements, especially when faced with steep financial penalties.
HealthIT Answers - The No Surprises Act Demands Real-Time Regulatory Compliance
As an industry expert, Eric Demers shares with HealthIT readers how recent updates to the No Surprises Act (NSA) have caused serious administrative challenges for payers and providers alike. For organizations tracking hundreds of thousands of in-network providers, cold calling and data scraping to keep provider databases current simply won’t cut it. Payers must make the switch to automation to maintain real-time compliance with NSA rules.
Madaket Health recently attended the 2023 Workforce for Electronic Data Interchange (WEDI) National Conference in Washington, D.C. The team partnered with Health Payment Systems, Inc. to present the session "Meeting NSA Provider Data Requirements: Health Payment Systems’ Strategy & the Role of Madaket PDX," which explored navigating the No Surprises Act, complying with provider directory requirements, and leveraging Madaket Health’s cornerstone PDX solution to effortlessly optimize and manage provider data in real time.
2023 HLTH Conference
In October, the Madaket team attended the 2023 HLTH conference in Las Vegas, Nevada to gather inspiration and enthusiasm about how Madaket can move healthcare forward. Conference highlights included networking with like-minded peers, exploring the latest trends in healthcare, learning from industry leaders, and attending thought-provoking presentations.
All-New Madaket Minute Episodes
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 the healthcare industry 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.