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Company profile: PayMedix

1.1 - Company Overview

PayMedix Logo

PayMedix

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of an independent PPO network in Wisconsin and a healthcare fintech payment consolidation platform, PayMedix, that simplifies medical billing and payments. Offerings include SuperEOB consolidated statements, guaranteed in-network provider payments, employer and TPA payment solutions, and patient financial support with secure, flexible payment options.

Products and services

  • PayMedix: Fintech-grade payment consolidation platform that unifies all medical bills into one statement and supplies flexible payment options to patients
  • Provider Payment Solutions: Network-wide payment system that guarantees full payment for in-network charges, reducing bad debt and collection costs for healthcare providers
  • SuperEOB: Patient-facing consolidated monthly statement that summarizes all healthcare services and charges from different providers for patients

Key contacts

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Financial details

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1.2 - Competitors and similar companies to PayMedix

DEMV Systems Logo

DEMV Systems

HQ: Germany Website
  • Description: Provider of software solutions for the insurance and financial sector.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full DEMV Systems company profile →
Rel8ed.to Logo

Rel8ed.to

HQ: Canada Website
  • Description: Provider of deep business data analytics on Big+Open Data, combining North America’s largest business data repository with proprietary algorithms to reveal links between businesses, owners, suppliers, and competitors. Services include the Diligence Platform, lead generation, marketing analytics, research, investigations, and risk management & compliance.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Rel8ed.to company profile →
Blue Lantern Health Logo

Blue Lantern Health

HQ: United States Website
  • Description: Provider of health insurance technology solutions that streamline the insurance process for individuals at every life stage, making it more accessible and efficient.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Blue Lantern Health company profile →
Oxlo Logo

Oxlo

HQ: United States Website
  • Description: Provider of automotive retail SaaS integration and software solutions for OEMs, dealerships, and dealer software providers, delivering real-time bi-directional integration, interoperability certification, DMS data integration, workflow connectivity (IntegrateOnce), data acquisition/extraction (DataXtractor), custom applications, business intelligence, data collection, logging, and analytics to unify data and streamline operations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Oxlo company profile →
Flueid Logo

Flueid

HQ: United States Website
  • Description: Provider of enterprise software for the residential real estate industry that automates title verification and title insurance underwriting via data and analytics. VOT, Flueid Decision, TitleCheck and Flueid Pro deliver title data, clearance decisions and insights to title agents, underwriters, digital service providers and mortgage lenders, streamlining lending, title/closing, servicing and secondary markets.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Flueid company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for PayMedix

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to PayMedix

2.2 - Growth funds investing in similar companies to PayMedix

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4 - Top valuation comps for PayMedix

4.2 - Public trading comparable groups for PayMedix

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4.3 - M&A Transactions similar to PayMedix

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About PayMedix

What does PayMedix do?

PayMedix is a provider of an independent PPO network in Wisconsin and a healthcare fintech payment consolidation platform, PayMedix, that simplifies medical billing and payments. Offerings include SuperEOB consolidated statements, guaranteed in-network provider payments, employer and TPA payment solutions, and patient financial support with secure, flexible payment options.

Who are PayMedix's competitors?

PayMedix's competitors and similar companies include DEMV Systems, Rel8ed.to, Blue Lantern Health, Oxlo, and Flueid.

Where is PayMedix headquartered?

PayMedix is headquartered in United States.

How many employees does PayMedix have?

PayMedix has 1,000 employees 🔒.

When was PayMedix founded?

PayMedix was founded in 2010 🔒.

What sector and industry vertical is PayMedix in?

PayMedix is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for PayMedix

Who are the top strategic acquirers in PayMedix's sector and industry

Top strategic M&A buyers and acquirers in PayMedix's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for PayMedix?

Top strategic M&A buyers groups and sectors for PayMedix include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in PayMedix's sector and industry vertical

Which are the top PE firms investing in PayMedix's sector and industry vertical?

Top PE firms investing in PayMedix's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in PayMedix's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in PayMedix's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in PayMedix's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to PayMedix include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in PayMedix's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for PayMedix?

The key public trading comparables and valuation benchmarks for PayMedix include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for PayMedix for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for PayMedix with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in PayMedix's sector and industry vertical?

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What are recent capital raises and funding rounds in PayMedix's' sector and industry vertical?

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