MDSave Inc.

MDsave Incorporated is a U. S. -based platform providing transparent, upfront pricing for medical procedures, enabling self-funded employers and consumers to access affordable healthcare solutions across a broad network of healthcare providers. MDsave Incorporated is a healthcare service platform that focuses on delivering clear pricing for medical services.

Founded in 2012 in Brentwood, US by Paul Ketchel, the company has completed a total of 7 deals. On September 27, 2023, MDsave was acquired by Tendo Systems Inc. , following its previous backing from Harpeth Ventures, WindRose Health Investors, Echo Health Ventures, and Cambia Health Solutions. MDsave has raised a total of USD 4.

83 mn through its funding rounds, with the latest being USD 4. 83 mn. MDsave's primary service provides transparent, upfront pricing for medical procedures, catering to self-funded employers and individuals seeking affordable healthcare. Users can search for medical procedures and compare prices from over 2,270 hospitals and clinics nationwide, facilitating the purchase of medical service vouchers that secure agreed rates.

This approach addresses the complexities of traditional healthcare billing, benefiting a diverse clientele throughout the U. S. MDsave employs a transaction-based revenue model, generating income through the sale of medical procedure vouchers that patients purchase online. This model ensures that consumers receive predictable pricing for medical services, allowing employers to pass savings onto employees, thereby supporting better healthcare management.

MDsave’s services encompass a range of medical procedures, fostering partnerships with hospitals and clinics to enhance patient attraction through guaranteed pricing. Following its recent acquisition by Tendo Systems Inc. on September 27, 2023, MDsave aims to enhance its platform and applications through the integration of its marketplace. This strategic move is expected to bolster product offerings in the healthcare sector as Tendo Systems looks to leverage MDsave’s capabilities for future expansions.