MedeAnalytics Inc Strengths, Domain Expertise, and Key Differentiators
MedeAnalytics is a provider of cloud-based financial performance analytics for the healthcare industry. The company’s analytics platform allows healthcare organizations to use the immense amount of patient data collected along the care continuum to generate intelligence that helps detect their greatest areas of risk and identify opportunities to improve their financial health. With MedeAnalytics, providers and health plans are better able to collaborate and use data to strengthen their operations and improve the quality of care. MedeAnalytics’ cloud-based tools have been used to uncover business insights for healthcare organizations across the United States and the United Kingdom.
MedeAnalytics Inc Recent Developments
In 2021 MedeAnalytics made changes in the leadership structure appointing David Schweppe as Chief Analytics Officer, Steve Grieco as Chief Executive Officer, Andy Dé joins as Vice President of Marketing and Julie Peffer as Chief Financial Officer.
MedeAnalytics Inc Mergers and Acquisitions (M&A) Activities
In October 2020, JLL Partners has acquired MedeAnalytics, a cloud-based enterprise analytics solutions provider for health systems and health plans. JLL’s will help MedeAnalytics grow both organically and through strategic M&A.
MedeAnalytics Inc Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MedeAnalytics Inc applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of MedeAnalytics Inc and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified MedeAnalytics Platform , customers.
MedeAnalytics Inc Overview
Ownership: - JLL Partners
Number of Employees: 500
Functional Markets: Analytics and BI, EPM, ERP Services and Operations Management, PaaS,
Key Verticals: Healthcare,
MedeAnalytics Inc Key Enterprise and Cloud Applications
MedeAnalytics Platform ,
MedeAnalytics Inc Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
MedeAnalytics Inc Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
MedeAnalytics Inc Enterprise Applications Revenues By Functional Markets, $M:
MedeAnalytics Inc Enterprise Applications Revenues By Verticals, $M:
MedeAnalytics Inc Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
MedeAnalytics Inc Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
MedeAnalytics Inc Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MedeAnalytics Inc Customers
No. of MedeAnalytics Inc Customers: 2000
No. of MedeAnalytics Inc Enterprise Applications Customers: 2000
No. of MedeAnalytics Inc Cloud Customers: 2000
No. of MedeAnalytics Inc Cloud Subscribers: 200000
MedeAnalytics’ cloud-based tools are already used by over 2000 healthcare organizations in the US and UK, including hospitals, health systems, health plans, state Medicaid programs, and more. Among its customers are Wheaton Franciscan Healthcare, Blue Shield of California, St.Vincent Health System, Patient Safety Solutions, Fairview Health Services, Adventist Health, Thomas Jefferson University Hospitals, Blue Cross Blue Shield of Vermont, Inland Empire Health Plan, and others.
MedeAnalytics expanded its national customer base, partnering with esteemed healthcare organizations across the country including Mary Washington Healthcare (MWHC), Covenant Health Systems, Boston Medical Center HealthNet Plan, Mississippi Medicaid, and Wellmark Blue Cross Blue Shield, among others.
MedeAnalytics Inc Market Opportunities, M&A and Geo Expansions
June 2021, MedeAnalytics has announced that its MedeWorks platform and SaaS applications have earned Certified status for information security by HITRUST. This achievement places MedeAnalytics in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards, and frameworks, and incorporating a risk-based approach, the HITRUST CSF helps organizations address these challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.
In June 2018, MedeAnalytics and HealthEdge have entered into a partnership and brought integrated quality, advanced analytics, insights, and reporting for population health to HealthRules customers. Together MedeAnalytics and HealthEdge leveraged each company’s complementary capabilities to enable payers to reduce gaps in care, lower costs, improve quality outcomes, enhance broker and employer plan engagement and increase member satisfaction.
MedeAnalytics Inc Risks and Challenges
MedeAnalytics is trying to retain its independence as a best of breed analytics vendor in the hotly-contested healthcare vertical, while is boosting its product portfolio in order to extend its core competency into adjacent areas such as compliance and risk management for healthcare providers and carriers.
MedeAnalytics Inc Ecosystem, Partners, Resellers and SI
MedeAnalytics does most of its sales via direct sales force in the USA, Canada, and the UK.
In March 2019 MedeAnalytics and Recondo Technology formed a new partnership that promises to make hospital revenue cycle transactions nearly "touchless" experiences while unlocking data insights at all levels of the revenue cycle. The two organizations signed a formal partnership agreement that will bolster both Recondo's automated revenue cycle management (RCM) solutions and industry-specific analytics from MedeAnalytics. The joint solution is expected to help hospitals gain efficiencies in the revenue cycle while preventing lost revenue and identifying revenue at risk.
In April 2018, MedeAnalytics Inc. has relocated its corporate headquarters to Richardson, Texas office, 40 percent of MedeAnalytics’ current workforce is in this location. Also, MedeAnalytics has a highly successful relationship with the University of Texas at Dallas (UT Dallas) to source first-rate talent, which made Richardson an optimal location for the company’s new headquarters.
MedeAnalytics Inc Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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