VedaData provides accurate and comprehensive healthcare provider data to clients in the healthcare industry. Its main product, VECTYR DATA CURATION, is a database containing over 3.5 million active providers, compiled from more than 100,000 sources. This database is updated and verified using artificial intelligence, ensuring that clients receive reliable information within 24 hours. Additionally, VedaData offers QUANTYM DATA QUALITY SCORING, which analyzes and improves the quality of clients' existing databases through validation and reconciliation processes. VedaData stands out from competitors by guaranteeing the accuracy of its data and the speed of its services, while also prioritizing data security through its Smart Automation platform. The company's goal is to provide clients with the most accurate data possible, helping them drive value in their businesses while ensuring compliance with industry regulations.

New Dominion Angels

Okeanos

Vidinovo

Oak HC/FT

HealthX Ventures

Empactful Capital

Data & Analytics

Cybersecurity

AI & Machine Learning

Healthcare

Veda

Veda, a healthcare data company dedicated to solving the industry’s most complex data issues, has launched Vectyr: Data Curation, the most comprehensive and accurate data to build optimal provider networks.

Veda Launches Vectyr Provider Database

"Being named to the Inc. 5000 list validates our solution and vision and recognizes the Veda team who works tirelessly each day to help people access the care they need." Meghan Gaffney, CEO and co-founder of Veda.                 .

Health Tech Solution Veda Ranks No. 176 On The 2023 Inc. 5000 Three-Year Revenue Growth Of 5,111 Percent

Veda is named a Sample Vendor for Provider Data Management technology.

Veda Recognized in gartner® Hype cycle™ for U.S. healthcare payers, 2023

To highlight these, Veda Data started a new interview series about “Technology Making An Important Positive Social Impact”.

Veda Data launches Technology Making An Important Positive Social Impact

VEDA Data moved from Washington, D.C., to Madison.

VEDA Data Solutions expands offices to Madison, Wisconsin, United States

Meghan Gaffney, CEO and co-founder, VedaPayers place many resources—including time, personnel, and money—into maintaining provider networks for their plans and members. What is the intended goal after negotiating and contracting with networks? An accurate and comprehensive provider directory containing in-network clinicians and specialists that members can effectively use to “find a doctor” when they need care.In reality, though, this is often an elusive goal. Members frequently find themselves haunted by ‘ghost networks’ – directories with listings for doctors who are no longer practicing, not accepting new patients, out-of-network, or have listings with inaccurate addresses, phone numbers, and websites. Those lists, constructed from bad or inaccurate data, contain inaccurate information that can hide network inadequacy. Patients have made lawmakers aware of their frustrations with delayed care and unexpected, sometimes life-altering surprise bills due to a ghost networks.Lawmakers have listened. In 2023, the Senate Committee on Finance conducted a study of Medicare Advantage mental health care providers in provider directories and found that “more than 80% of the listed, in-network, mental health providers staff attempted to contact were therefore ‘ghosts,’ as they were either unreachable, not accepting new patients, or not in-network.” Results such as this have prompted legislators to propose legislation at both the federal and state level to require payers and providers to address the ghost network problem.As patients advocate for change and elected officials take note, payers and providers should prepare for the mandates that are coming.The following are five key considerations around legislative efforts to address ghost networks and improving transparency in provider directory data management.1

Remove The Ghosts From Haunted Provider Directories: 5 Things Payers Should Know

LOUISVILLE, Ky. MADISON, Wis.--(BUSINESS WIRE)--Leading health and well-being company Humana Inc. (NYSE: HUM) today announced a strategic partnership with Veda, a health technology company specializing in helping healthcare companies solve complex provider data challenges. Humana will partner with Veda to improve the accuracy of its provider information and ensure that seniors have real-time details about in-network providers, making it easier for them to access high-quality healthcare. Ensuring the accuracy of provider directories has been the source of ongoing challenges for seniors, health plans, providers and policymakers. Maintaining up-to-date provider directories, including accurate phone numbers, addresses and panel status of in-network practitioners, is critical to helping seniors make informed choices about their healthcare

Humana Announces Strategic Partnership With Veda To Improve Accuracy Of Provider Directories

Veda announced today it is partnering with OutCare Health, an organization championing LGBTQ+ health equity.

Veda, OutCare Form Partnership

Veda Data Solutions, Inc., which uses artificial intelligence to automate health care data for providers and payers, closed a $45 million Series B funding round led by Connecticut-based venture capital firm Oak HC/FT, the company announced Tuesday.

Oak HC/FT invested into VEDA Data Solutions in $45M on Jul 27th 21'.

Veda, a Madison, Wisc.-based artificial intelligence (AI) and machine learning platform to save healthcare and administrative costs by enhancing the processing speed and accuracy of information, raised $45m in Series B funding. The round was led by Oak HC/FT. In conjunction with the funding, Andrew Adams, managing partner and co-founder at Oak HC/FT, will join veda’s […]

Veda Raises $45M in Series B Funding

Provides accurate healthcare provider data services

Veda

Provides accurate healthcare provider data services

Veda

Provides accurate healthcare provider data services

About

Simplify's Take

What believers are saying

What critics are saying

What makes Veda unique

6 month growth

1 year growth

2 year growth

Benefits

Recently Posted Jobs

Veda is Hiring for 0 Jobs on Simplify!