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Medifax - About the company

Medifax is an acquired company based in Cambridge (United States), founded in 1995. It operates as an IT solutions for healthcare providers. The company has 2990 active competitors, including 156 funded and 173 that have exited. Its top competitors include companies like athenahealth, Modernizing Medicine and Hint Health.

Company Details

Medifax-EDI provides healthcare information technology solutions to healthcare providers in the United States and Puerto Rico. It offers medical eligibility transaction services, claims management solutions, practice management systems, workers' compensation claims processing for retail pharmacy chains, and other financial services. The company also provides online access to patient eligibility and information to healthcare providers; and solutions, such as PC network based direct, Internet-based net direct, point-of-service terminals, electronic claims submission, practice management systems, and turnkey services. In 2003, Medifax-EDI was acquired by WebMD Health Corp.
Key Metrics
Founded Year
1995
Location
Cambridge, United States
Stage
Acquired
Investors
Ranked
Employee Count
1 - 10 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by WebMD (Oct 22, 2003)

Medifax's acquisition details

Medifax got acquired by WebMD on Oct 22, 2003 at an acquisition amount of $*****.
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Medifax's funding and investors

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

Medifax's founders and board of directors

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Medifax's employee count trend

Medifax has 1 - 10 employees as of Jul 24. Here is Medifax's employee count trend over the years:
Employee count trend for Medifax
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Medifax's Competitors and alternates

Top competitors of Medifax include athenahealth, Modernizing Medicine and Hint Health. Here is the list of Top 10 competitors of Medifax, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for athenahealth
athenahealth
1997, Watertown (United States), Acquired
Cloud-based administrative tool for healthcare providers
$49.1M
87/100
2nd
Logo for Modernizing Medicine
Modernizing Medicine
2010, Boca Raton (United States), Acquired
AI and cloud-based EMR and practice management software for clinics
$329M
81/100
3rd
Logo for Hint Health
Hint Health
2013, San Francisco (United States), Series B
Provider of a SaaS-based practice management solution for healthcare professionals
$60.1M
67/100
4th
Logo for Semble
Semble
2016, London (United Kingdom), Series C
Cloud-based practice management tool for providers
$63.6M
67/100
5th
Logo for Docon
Docon
2013, Bengaluru (India), Acquired
Digital healthcare platform to streamline medical practices and enhance patient care
-
-
67/100
6th
Logo for Epic Systems
Epic Systems
1979, Madison (United States), Funding Raised
Provider of suite software solutions for healthcare organizations
-
66/100
7th
Logo for Medsphere Systems
Medsphere Systems
2002, Carlsbad (United States), Series F
Open-source software provider for healthcare organizations
$151M
66/100
8th
Logo for HealthPlix
HealthPlix
2014, Bengaluru (India), Series C
Provider of EMR and clinic management software for healthcare professionals
$43M
66/100
9th
Logo for Eka Care
Eka Care
2020, Bengaluru (India), Series A
Developer of health management software and clinical documentation support tools
$19.5M
65/100
10th
Logo for Somnoware
Somnoware
2013, Sunnyvale (United States), Acquired
Cloud platform streamlining sleep and respiratory care management workflows
$13.1M
64/100
998th
Logo for Medifax
Medifax
1995, Cambridge (United States), Acquired
IT solutions for healthcare providers
-
24/100
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Medifax's Investments and acquisitions

Medifax has made no investments or acquisitions yet.

Reports related to Medifax

Here is the latest report on Medifax's sector:

FAQs about Medifax

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