MedAptus

About MedAptus

MedAptus offers a suite of cloud-based, EHR-integrated software solutions for the healthcare industry, specifically targeting hospitals, health systems, and physician groups. The company’s core business revolves around optimizing the mid-revenue cycle and improving operational workflows. Revenue is generated through the sale of its software products, which help clients increase revenue, enhance efficiency, and allow clinicians to focus more on patient care.

The company's history began in 2000 when two physicians founded a venture called “MedCompanion” to create workflow applications for mobile devices. In 2001, the company rebranded as MedAptus and secured its first customer, Lahey Clinic. A significant milestone occurred in 2008 with its first Electronic Health Record (EHR) integration, a key capability that would define its market position. Over the years, MedAptus expanded its offerings, releasing an iPhone application for mobile charge capture in 2010 and an analytics platform in 2012. A notable event in its corporate journey was the acquisition by Volaris Group in November 2020, which provided additional resources for growth while allowing MedAptus to operate as an independent business unit.

MedAptus provides several core products. 'Charge Pro' is designed to streamline and automate professional charge capture, helping to reduce missed charges and decrease charge lag time. 'Charge Infusion' is a fully automated solution for coding and billing complex infusion and injection services, which can increase revenue by 10-20%. The 'Assign' platform automates patient assignments for hospital medicine teams, balancing workloads and supporting continuity of care. More recently, the company launched 'Hospital Medicine Analytics', a real-time analytics tool developed with its customer advisory board to help leaders monitor key operational metrics. These products are designed to integrate seamlessly with major EHR systems like Epic and Cerner.