Datafied Company Profile
Background
Overview
Founded in 1993, Datafied has established itself as a leading document retrieval and data management company. With over 32 years of experience, the company is dedicated to reducing the time, cost, and risk associated with data management, enabling clients to focus on their core competencies. Headquartered in Anaheim, California, Datafied employs over 200 professionals and serves more than 20,000 clients and healthcare providers nationwide.
Mission and Vision
Datafied's mission is to streamline data retrieval and management processes, ensuring efficiency and security for its clients. The company envisions a future where data management is seamless, allowing clients to operate without the burdens of data-related challenges.
Industry Significance
Operating within the healthcare and legal sectors, Datafied plays a crucial role in facilitating secure and efficient data management. Its services are integral to healthcare providers, insurance companies, and legal professionals who require timely and accurate access to critical documents.
Key Strategic Focus
Core Objectives
- Efficiency Enhancement: Streamlining data retrieval and management processes to reduce client costs and risks.
- Security Assurance: Implementing robust security measures to protect sensitive information.
- Client-Centric Services: Tailoring solutions to meet the unique needs of diverse clients across various industries.
Areas of Specialization
- Document Retrieval: Efficient acquisition of medical records and other critical documents.
- Data Management: Organizing, storing, and securing data for easy access and compliance.
- Audit Support: Assisting with HEDIS and HCC audits to ensure regulatory compliance.
Key Technologies Utilized
- Proprietary Software Platforms: Development of customized software solutions for data management.
- HIPAA-Compliant Systems: Ensuring all data handling processes meet stringent privacy standards.
Primary Markets Targeted
- Healthcare Providers: Hospitals, clinics, and individual practitioners.
- Insurance Companies: Health and life insurance providers requiring data retrieval and management.
- Legal Professionals: Attorneys and law firms needing document retrieval and organization.
Financials and Funding
Funding History
Datafied has raised a total of $1 million in funding over one round.
Revenue
The company's estimated annual revenue is approximately $19 million.
Utilization of Capital
The capital raised has been strategically invested in:
- Technology Development: Enhancing proprietary software platforms.
- Talent Acquisition: Expanding the team to support growth and innovation.
- Infrastructure Improvement: Upgrading systems to maintain high security and efficiency standards.
Pipeline Development
Key Services and Products
- Order Medical Records: Facilitates the retrieval of medical records for patients, doctors, and legal professionals.
- My Retired Doctor: Manages the transfer and storage of patient medical records for retiring physicians.
- Certified Field Agent: Provides access to a nationwide network of trained retrieval specialists.
- Chart Review Nurses: Connects qualified medical chart abstractors with health plans for quality measure projects.
- HCC Coders: Pairs certified medical coders with healthcare providers for coding projects.
- Patient Outreach: Assists health plans in maintaining contact and support with plan enrollees.
- RADV Audits: Supports health plans in fulfilling RADV audit requirements.
- Closing My Medical Practice: Aids physicians in the process of closing their medical practices.
- Store Medical Records: Offers secure storage solutions for medical records.
- Shred Medical Records: Provides secure disposal services for outdated medical records.
Development Timelines
Datafied continually evolves its service offerings, with upcoming divisions such as "SSSS It" and "Release of Medical Records" slated for launch in the near future.
Technological Platform and Innovation
Proprietary Technologies
- HEDIS Navigator: A platform designed to streamline HEDIS abstraction processes.
- HeliosMD EMR: An electronic medical records system tailored for healthcare providers.
- HCC Navigator: A tool to assist with hierarchical condition category coding.
- HeliosND EMR: An EMR system designed for non-doctor healthcare providers.
- Datafied Vault: A secure storage solution for sensitive data.
Scientific Methodologies
Datafied employs advanced data processing algorithms and machine learning techniques to enhance data retrieval accuracy and efficiency.
Leadership Team
- Mark Holman: Chief Executive Officer
- Linda Smith: Chief Operating Officer
- Mike Madden: Chief Strategy Officer
- Heather: Chief Quality Officer
Professional Backgrounds
- Mark Holman: Founder and CEO since 1993, leading Datafied's growth and strategic direction.
- Linda Smith: Oversees daily operations, ensuring efficiency and client satisfaction.
- Mike Madden: Develops strategic initiatives to drive company growth.
- Heather: Ensures quality standards across all services and products.
Leadership Changes
As of the latest available information, there