Headquartered in Nashville with a second office in San Francisco, MDsave is an online marketplace (www.mdsave.com) allowing healthcare consumers to research, compare and purchase services with total cost transparency, typically at rates that provide additional savings to traditional cash prices. With the rapid growth of high-deductible health plans and significant out-of-pocket expenses, the Company's platform is a "win-win-win" for consumers/patients, providers and payors through cost savings, the elimination of bad debt as well as reduced revenue cycle.
Said Paul Ketchel, CEO of MDsave, "We appreciate Harpeth Capital's ability to efficiently complete this growth capital infusion that will allow the Company to capitalize on significant opportunities in the pipeline in 2018 and beyond."
MDsave currently operates in 36 states with over 230 integrated health networks, with over 7,000 healthcare procedures deployed in the marketplace.