What is MD Insider?
MD Insider operates at the intersection of healthcare and technology, employing advanced machine learning algorithms to dissect provider performance across the complex healthcare ecosystem. The company's platform is designed to convert vast datasets into clear, actionable intelligence, directly impacting critical metrics such as cost of care, quality of services, and overall patient satisfaction. By offering data-driven solutions to health systems and employers, MD Insider provides tools like a comprehensive physician search, matching, and scheduling system, alongside API services for streamlined data management. Their target clientele includes health systems, health plans, and employers focused on optimizing provider access and improving quality indicators for superior healthcare outcomes.
How much funding has MD Insider raised?
MD Insider has raised a total of $25.3M across 6 funding rounds:
Other Financing Round
$450K
Other Financing Round
$850K
Private Equity
$1.5M
Series A
$9.5M
Series B
$12M
Private Equity
$1M
Other Financing Round (2012): $450K with participation from Jay Calvert
Other Financing Round (2013): $850K led by Jay Calvert
Private Equity (2014): $1.5M, investors not publicly disclosed
Series A (2015): $9.5M featuring Jason Ader
Series B (2015): $12M backed by Summation Health
Private Equity (2017): $1M, investors not publicly disclosed
Key Investors in MD Insider
Summation Health
Summation Health Ventures is a venture capital firm that provides strategic investment funding to privately held companies offering innovative products, services, and technologies designed to significantly improve healthcare system performance and outcomes. Their portfolio companies benefit from access to a vast network of organizational resources from founding investment partners Cedars-Sinai Health System and MemorialCare Health System.
Jason Ader
Jason Ader is an investor who participated in MD Insider's Series A funding round. Further details on their investment focus are not publicly available.
Jay Calvert
Jay Calvert is an investor who has participated in multiple financing rounds for MD Insider, indicating a sustained interest in the company's development and market strategy.
What's next for MD Insider?
With its recent major strategic investment and substantial overall backing, MD Insider is poised for an accelerated growth phase. The company's focus on enhancing provider performance through data analytics positions it as a critical player in the ongoing efforts to improve healthcare efficiency and patient care. Future developments are likely to center on expanding its platform's capabilities, deepening its market penetration within health systems and employer networks, and potentially exploring new applications for its machine learning technology in other areas of healthcare management. The strategic nature of the latest financing suggests a focus on scaling operations and solidifying its market position.
See full MD Insider company page
