Medipass Solutions

Medipass Solutions

Medipass is working to build digital experiences that allows seamless, real-time health quotes, and payments between the health industry. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD35m (Public information from May 2021)
Company register number 615345536
Melbourne Victoria (HQ)
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DateInvestorsAmountRound

N/A

Seed

$22.5m

Valuation: $22.5m

Acquisition
Total Funding-

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Medipass is a cloud-based platform designed to streamline healthcare payments and insurance claims. The company primarily serves healthcare practitioners, clinics, and insurance providers, operating within the healthcare and insurance markets. Medipass offers a comprehensive suite of services including credit card payment processing, National Disability Insurance Scheme (NDIS) invoice management, private health insurance claims, and telehealth service facilitation. The business model is based on providing a subscription-based service to healthcare providers and earning transaction fees from processed payments. Medipass makes money by charging fees for each transaction processed through its platform and through subscription fees for access to its services. The platform is designed to be user-friendly and secure, ensuring that personal data is protected. Medipass has also secured contracts with major organizations like Insurance and Care NSW (icare) to digitize their payment systems, further expanding its market reach.

Keywords: healthcare payments, insurance claims, telehealth, cloud-based, NDIS, credit card processing, private health insurance, secure platform, subscription service, icare

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.