MD Clarity

MD Clarity

Healthcare revenue cycle management software provider

About MD Clarity

Simplify's Rating
Why MD Clarity is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

11-50

Company Stage

M&A

Total Funding

N/A

Headquarters

Seattle, Washington

Founded

2010

Overview

MD Clarity provides healthcare revenue cycle management (RCM) software as a service (SaaS) to healthcare organizations like hospitals and clinics. Their software enhances price transparency, automates benefit verification, and ensures accurate reimbursement, helping clients streamline financial operations and improve patient experiences. A standout feature, Clarity Flow, automates front-end workflows to reduce denials and improve billing processes. MD Clarity aims to empower healthcare organizations with better financial transparency and efficiency, ultimately enhancing patient satisfaction.

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Simplify's Take

What believers are saying

  • MD Clarity named High Performer in G2's Summer 2024 Grid Report.
  • Partnerships with athenahealth and ModMed enhance integration with EHR systems.
  • Growing demand for patient financial experience aligns with MD Clarity's Clarity Flow.

What critics are saying

  • Competition from established RCM providers like Epic and Cerner is increasing.
  • Potential regulatory changes may require additional compliance efforts and updates.
  • Rising demand for cybersecurity measures could necessitate more investment in security.

What makes MD Clarity unique

  • MD Clarity specializes in healthcare revenue cycle management with a SaaS model.
  • Clarity Flow automates front-end workflows, reducing denials and improving patient intake.
  • MD Clarity's data analytics capture missed revenue and reduce bad debt by 20%.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Health Savings Account/Flexible Spending Account

Wellness Program

Remote Work Options

Hybrid Work Options

Company News

Hit Consultant
Nov 11th, 2024
Payment Integrity In Healthcare: Challenges And Solutions

Prasanna Ganesan, CEO, MachinifyWhether you work in healthcare or are just a patient who has interacted with the healthcare system, it shouldn’t surprise you to read that healthcare costs have been going up and are expected to continue to do so into 2025 burdening all stakeholders. Despite the obvious need to cut wasted healthcare spending, research suggests that the industry as a whole isn’t very good at it, with administrative spending being one of the biggest culprits. One study found that nearly one-third of excess U.S. healthcare spending is on administrative expenses. Today, the backbone of healthcare administration is claims processing. Despite the structure of a claim being standardized, the processing path that each claim follows is antiquated, with many inefficient, expensive, or error-prone steps being embedded within. The question is why? First, the rules around medical coding, billing, and payment can be intricate and ambiguous, resulting in varied interpretations and decisions from one claim to another, undermining consistency in the reimbursement process. Second, claims adjudication processes rely on an arcane mix of inflexible old technology and a lot of duct tape resulting in an inability to keep pace with the evolving needs of modern healthcare reimbursement

PharmiWeb
Jul 2nd, 2024
Md Clarity Named High Performer In G2’S Summer 2024 Report For Rcm Software

SEATTLE, WA / ACCESSWIRE / July 2, 2024 / MD Clarity today announced it has been named High Performer in G2's Summer 2024 Grid® Report. High Performers are earned based on receiving high customer satisfaction ratings compared to others in their category on G2, the world's largest software review marketplace.Overall, MD Clarity earned a total of five accolades on G2, including:High PerformerBest SupportBest RelationshipEasiest To Do Business WithBest Meets Requirements."Our G2 High Performer recognition affirms the substantial impact our product has on both provider reimbursement and patient financial experience," said Dan Freeman, MD Clarity's CEO. "The Best Support, Best Relationship, and Easiest to Do Business With awards all speak to our status as the revenue optimization software of choice for Management Services Organizations (MSOs) and large physician-owned groups whose financial complexity makes enterprise-grade support a must."To see MD Clarity's customer ratings, visit MD Clarity's review listing page on G2.About MD ClarityMD Clarity is a powerful software platform transforming the revenue cycle of healthcare organizations. Through pre-service patient estimates and deposits, automated detection of variances between payer payments and contracted rates, and managed care agreement rate benchmarking and scenario modeling, MD Clarity enables the Revenue Cycle and Finance teams of healthcare organizations to boost their cash flow. With a decade-long track record capturing the complexities of managed care agreements within its software platform, MD Clarity has grown to serve more than 150,000 providers. For more information, visit MDClarity.com or follow MD Clarity on LinkedIn.Contact InformationDavid FreemanDirector of Strategydavid.freeman@mdclarity.comSOURCE: MD ClarityView the original press release on newswire.com.View the original press release on accesswire.com

PharmiWeb
May 30th, 2024
Md Clarity Joins Modmed'S Synapsys Marketplace Program To Offer An Integrated Experience To Ensure Provider Reimbursement

SEATTLE, WA / ACCESSWIRE / May 30, 2024 / MD Clarity, a provider of patient pre-service estimate and provider revenue optimization software, today joined ModMed's synapSYS Marketplace program. As part of the ModMed synapSYS Marketplace, this application is now available to ModMed's growing network of healthcare providers. MD Clarity enables pre-service patient cost estimates and deposits, detects variances between payer payments and contracted rates, and provides data to negotiate managed care agreements from a position of strength."Providers deserve to be paid fairly by health insurers, and patients have a right to know what the financial impact will be on them when getting care," said Dan Freeman, MD Clarity's CEO. "Having our application available on the ModMed synapSYS Marketplace will allow providers to leverage MD Clarity to help ensure they are being paid optimally for all of their patient encounters and are delivering a transparent financial experience to patients."To learn more about MD Clarity's new integrated application, please visit MD Clarity's product listing page on the Marketplace.About MD ClarityMD Clarity is a powerful software platform transforming the revenue cycle of healthcare organizations. Through pre-service patient estimates and deposits, automated detection of variances between payer payments and contracted rates, and managed care agreement rate benchmarking and scenario modeling, MD Clarity enables the Revenue Cycle and Finance teams of healthcare organizations to boost their cash flow. With a decade-long track record capturing the complexities of managed care agreements within its software platform, MD Clarity has grown to serve more than 150,000 providers

PharmiWeb
May 2nd, 2024
Md Clarity Joins Athenahealth’S Marketplace Program To Ensure Healthcare Providers Are Paid In Full

SEATTLE, WA / ACCESSWIRE / May 2, 2024 / MD Clarity, a provider of patient pre-service estimate and provider revenue optimization software, today announced an agreement with athenahealth, Inc. through the company's Marketplace program. As part of the athenahealth® Marketplace, this application is now available to athenahealth's growing network of healthcare providers to enable pre-service patient cost estimates and deposits, detect variances between payer payments and contracted rates, and provide data to negotiate managed care agreements from a position of strength. MD Clarity's software platform benefits healthcare providers by improving net revenue, accounts receivable days, cost-to-collect, and other key financial metrics for revenue cycle and finance teams."Providers deserve to be paid fairly by health insurers, and patients have a right to know what the financial impact will be on them when getting care," said Dan Freeman, MD Clarity's CEO. "Partnering with athenahealth enables a seamless experience for providers to ensure they are being paid optimally for all of their patient encounters and are delivering a transparent financial experience to patients."athenahealth is a leading provider of network-enabled software and services for medical groups and health systems nationwide. Its electronic health records, revenue cycle management, and patient engagement tools allow anytime, anywhere access to drive better financial outcomes for practices and enable providers to deliver better quality care

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