Company Research Report: Medata Inc.

Company Overview

• Name: Medata Inc.

• Mission: To deliver innovative cost containment and document management products to the workers’ compensation and auto liability communities while building strong relationships with employees, clients, and partners.

• Founded: 1975 by a physician and a computer product visionary.

• Key People:

• Chief Executive Officer: Cy King

• President: Tom Herndon

• Sr. Vice President & CSO: T. Don Theis

• Sr. Vice President & CIO: Eric Fritz

• Chief Technology Officer: Jonathan Nutt

• COO: Sandy Blunt

• Executive Vice President of Growth: Brett J. Drexelius

• Headquarters: 5 Peters Canyon Rd., Suite 250, Irvine, CA 92606

• Number of Employees: No information is available

• Revenue: No information is available

• Noteworthy: Recognized as a premier provider of cost containment and document management software solutions in the workers’ compensation and auto liability industries.

Products

• Cost Containment

• Description: A medical bill review software and services center, integral to cost containment strategies.

• Key Features:

• Proprietary software that eliminates third-party interference.

• Compliance with state-mandates through regular software updates.

• A proprietary reasonableness database for reimbursement rate calculation.

• Advanced reporting and analytics for business insights.

• Document Management

• Description: Organizes and processes medical bills and claims-related documents in a centralized location.

• Key Features:

• Customizable workflows to adapt to varied business needs.

• Seamless integration with leading national and regional networks and claims systems.

• Secure data handling with SOC-I and SOC-II compliance.

Recent Developments

• Acquisition by MedRisk:

• Date: January 9, 2024

• Details: MedRisk acquired Medata to expand care management and cost containment solutions in workers’ compensation.

• Leadership Changes:

• Announcement: November 1, 2023

• Details: Appointment of Zenia Cortes, MD as the new Medical Director succeeding Dr. David Deitz.

• Product Enhancements:

• Recent integrations have improved auto adjudication rates and enhanced bill review capabilities with expanded routing rules.

• Partnerships:

• Medata continues its commitment to the community and professional organizations through partnerships and contributions.

This report has been compiled based on the most current data available concerning Medata Inc., focusing on known factual and structured information.