Where is MedData located?

MedData is headquartered in Brecksville, United States.

How many employees does MedData have?

As of Jul 01, 2024, the latest employee count at MedData is 1001 - 5000.

Is MedData a funded company?

MedData is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does MedData rank among its competitors?

MedData ranks 63rd amongst 381 active competitors, of which 25 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was R1 RCM, which secured an undisclosed amount in May, 2025.

Who are the top competitors of MedData?

MedData's top competitors include R1 RCM, Adonis and GeBBS. Among them, R1 RCM secured the most recent funding round in May, 2025.

MedData - 2026 Company Profile, Team, Funding & Competitors

Company Details

MedData offers revenue cycle management and patient financial lifecycle services to healthcare providers. Offers billing, coding, collections, and payment compliance. Solutions also include a range of patient access & communications, revenue cycle management, and consulting & analytics services, including billing, coding, patient balances, eligibility & enrollment, third party liability, and Medicaid compliance services. In addition, it offers extended business office services, including A/R conversions, call center outsourcing, the point of service payment processing, patient communications/appointment scheduling, patient satisfaction surveys, and contract negotiations services. Was acquired by Mednax in September 2014 and operates as its subsidiary. Acquired Duet Health in May, 2016.

Website: meddata.com
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Key Metrics

Founded Year

1980

Location

Brecksville, United States

Stage

Acquired

Investors

Serent Capital & 1 more

Ranked

63^rd among 381 active competitors

Employee Count

1,001 - 5,000 as on Jul 01, 2024

Investment & Acquisitions

RevClaims & 3 more

Similar Companies

R1 RCM & 394 more

Exit Details

Acquired by The Edgewater Funds (Feb 02, 2020)

View MedData's full profile

MedData got acquired by The Edgewater Funds on Feb 02, 2020.

Click here to take a look at MedData's acquisition in detail

MedData is a funded company. MedData has 2 institutional investors.

View details of MedData's funding rounds and investors

MedData's employee count trend

MedData has 1,001 - 5,000 employees as of Jul 24. Here is MedData's employee count trend over the years:

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Top competitors of MedData include R1 RCM, Adonis and GeBBS. Here is the list of Top 10 competitors of MedData, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	R1 RCM 2003, Chicago (United States), Acquired	Provider of AI-driven solutions for healthcare revenue cycle management and operations	-	Ares Capital Corporation, Kedaara & 1 others	69/100
2nd	Adonis 2022, Manhattan (United States), Series B	Provider of revenue cycle management services for healthcare industry	$54M	General Catalyst, Point72 Ventures & 10 others	64/100
3rd	GeBBS 2005, Los Angeles (United States), Acquired	Provider of RCM services	-	-	59/100
4th	Sagility 2021, Westminster (United States), Public	Provider of healthcare business process outsourcing, revenue cycle management, and technology solutions	-	EQT	58/100
5th	Performant Financial 1976, Livermore (United States), Public	Provider of recovery solutions for government obligations	-	Mill Road Capital, Parthenon Capital & 1 others	57/100
6th	Ventra Health 2007, Dallas (United States), Funding Raised	Provider of healthcare revenue cycle management services	-	Questa Capital, Parthenon Capital & 1 others	54/100
7th	FinThrive 2018, Boston (United States), Funding Raised	Provider of healthcare revenue management services	-	Linden Capital Partners, Bregal Sagemount ... & 1 others	52/100
8th	Aspirion 2006, Columbus (United States), Acquired	Provider of healthcare provider of revenue cycle management services	-	BIP Ventures, Aquiline Capital Partners & 1 others	51/100
9th	The Craneware Group 1999, Deerfield Beach (United States), Public	Provider of financial and clinical data solutions for the healthcare industry	-	Herald Investment Management	51/100
10th	Vee Healthtek 2000, New York City (United States), Acquired	Technology consulting services company that provides solutions to transform healthcare organizations, offering a range of services including revenue cycle management	-	TA	51/100
63rd	MedData 1980, Brecksville (United States), Acquired	RCM and billing services	-	Serent Capital, Cadrillion Capital	29/100

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MedData has not made any investments yet. MedData has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 11, 2021	Acquisition	RevClaims	2005	Jackson (United States)
Jun 13, 2016	Acquisition	Cardon Outreach	1991	The Woodlands (United States)
May 02, 2016	Acquisition	Duet Health	2010	Ohio (United States)