Full-Time
Posted on 1/15/2025
Provides accurate healthcare provider data services
No salary listed
Expert
No H1B Sponsorship
Remote in USA
All employees are required to be located within the USA or Ireland.
VedaData specializes in providing accurate and comprehensive data on healthcare providers. 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 assesses and improves the quality of clients' existing databases through detailed analysis and validation 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 reliable healthcare provider data to enhance their business operations.
Company Size
51-200
Company Stage
Series B
Total Funding
$50.8M
Headquarters
Madison, Wisconsin
Founded
2015
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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
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
Veda announced today it is partnering with OutCare Health, an organization championing LGBTQ+ health equity.
"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. .
Veda is named a Sample Vendor for Provider Data Management technology.