MDaudit
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MDaudit - overview
Established
1993
Location
Waltham, MA, US
Primary Industry
Software
About
Founded in 1993 by Paul Hayes, and based in Wellesley, Massachusetts, Hayes Management Consulting, LLC, doing business as MDaudit, provides consulting services including billing and audit compliance software to hospitals and physician practices in the US. In January 2025, Bregal Sagemount and Primus Capital invested in MDaudit. The firm’s core product is an integrated cloud-based platform that employs sophisticated analytics and augmented intelligence to enhance billing compliance, improve operational efficiency, and optimize revenue retention. Key features include workflow automation, continuous risk monitoring, and built-in analytics, enabling users to identify compliance risks and address billing errors in real-time.
MDaudit serves a diverse client base, including health systems, physician networks, regional hospitals, and ambulatory surgical centers across the United States. MDaudit generates revenue primarily through a subscription-based model, providing its software solutions to healthcare organizations. Clients subscribe to the platform, which operates on tiered pricing plans based on utilized features and services. The company intends to use the January 2025 investment to expand its capabilities and resources.
MDaudit is focused on developing new products and enhancing its service offerings to meet the evolving needs of healthcare organizations.
Current Investors
Primus, Bregal Sagemount
Primary Industry
Software
Sub Industries
Consulting Services, Accounting/Finance Software
Website
www.mdaudit.com/
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
MDaudit - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | MDaudit | - | ||||||||
| Growth | Completed | MDaudit | - | ||||||||
| Private Debt | Completed | MDaudit | - |
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