#382 – Eric Demers, CEO at Madaket Health

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Episode Details

Join us on the latest episode! Our Guest: Eric Demers, CEO at Madaket Health

What you’ll get out of this episode:

  • Focuses on improving the healthcare system throughout his career.
  • Madaket Health’s Mission: Eliminates administrative waste through automation.
  • Interoperability Importance: Seamlessly shares data to address patient care and operations.
  • Automation streamlining for tasks like prior authorization, reduces friction.
  • Madaket and PNC Partnership: Optimizes processes, saving time and costs.
  • Future Vision for Madaket

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Madaket Health: Bridging the Gap Between Payers and Providers

In a recent Slice of Healthcare podcast, Jared S. Taylor hosts Eric Demers, the CEO of Madaket Health, to discuss the current healthcare landscape, automation, and the power of data.

A Glimpse into Eric Demers’ Healthcare Journey

Eric Demers, having delved into various sectors of healthcare throughout his career, from finance and technology to operations, is driven by a simple vision: to leave the healthcare system better than he found it.

Madaket Health’s Mission and Approach

  • Founded on the principle of eliminating administrative waste.
  • Emphasis on reducing paperwork and streamlining processes between providers and payers.
  • Madaket offers a SaaS platform focusing on enterprise automation to bridge gaps and reduce redundancy.

Interoperability and Data: A New Dawn in Healthcare

Interoperability, or the ability for different systems to seamlessly share and use information, is crucial in healthcare today. The wealth of automated data now available offers potential leaps forward. By effectively applying this data, the industry can address fundamental challenges in patient care, operations, and quality.

The Role of Automation in Healthcare

The power of automation is evident in tasks like prior authorization. By automating and streamlining processes, providers can swiftly meet payer requirements, leading to faster results and reduced friction between both entities.

Madaket’s Partnership with PNC: A Case Study in Efficiency

Using Madaket’s tools, PNC has managed to scale its operations without significantly increasing its team size. They’ve optimized their processes, saving time and costs while ensuring satisfaction for their clients.

The Future Vision for Madaket

Madaket is gearing up to support the healthcare industry with the No Surprises Act. With their vast data assets, they’re assisting payers in maintaining accurate and up-to-date provider directories, ensuring that consumers get precise information on services and costs.

 

 


WORD FROM OUR SPONSORS:

Our sponsors for this episode are Sage Growth PartnersFlipMD by GoodRX and Quantum Health

 

Sage Growth Partners accelerates commercial success for healthcare organizations through a singular focus on growth. The company helps its clients thrive amid the complexities of a rapidly changing marketplace with deep domain expertise and an integrated application of research, strategy, and marketing. For more information, please go to www.sage-growth.com & follow Sage Growth Partners on social media – @sagegrowthpartners

GoodRX

GoodRx is a company that operates a platform and mobile application providing information and discounts on prescription drugs. It was founded in 2011 with the aim of helping consumers save money on their medication costs. GoodRx acts as a bridge between consumers, pharmacies, and pharmaceutical companies.

The primary function of GoodRx is to aggregate and compare prices of prescription drugs from various pharmacies across the United States. They gather pricing information for both generic and brand-name medications, allowing users to find the most affordable options available to them. The platform provides users with details about drug prices, discounts, and savings opportunities at different pharmacies in their local area.

For more information, please go to https://www.goodrx.com/ & follow FlipMD on social media – @goodrx

Quantum Health is an award-winning consumer healthcare navigation company that delivers an unparalleled consumer experience based on empathy and trust, enabling employers to achieve industry-leading satisfaction rates and independently validated claim savings. Launched in 1999, Quantum Health’s model is based on years of consumer research and the insights learned from guiding millions of consumers and their providers through their healthcare journey. Visit: https://quantum-health.com/ and follow Quantum health on social media – @Quantum Health

To learn more about Madaket Health please use the links below:

Madaket Health LinkedInMadaket Health Website


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