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Power to the Patients - A win for transparency and patient choice as online healthcare marketplace MDsave named #152 on Inc.5000 list of America's Fastest Growing Companies

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Power to the Patients - A win for transparency and patient choice as online healthcare marketplace MDsave named #152 on Inc.5000 list of America's Fastest Growing Companies

PR Newswire

BRENTWOOD, Tenn., Aug. 27, 2018 /PRNewswire/ -- U.S. patients and hospitals alike are sick of a system that leaves 25% of Americans with unaffordable healthcare expenses. But skyrocketing health expenses are causing a movement in healthcare. Patients and hospitals are demanding more control over the cost of the care they receive or provide, and healthcare disruptors like MDsave are making it possible.

MDsave, an online healthcare marketplace that lets patients shop and compare local prices on medical services for savings of up to 60%, has just been named#152 on the Inc. 5000 list of America's fastest growing companies. The marketplace's rapid growth is proof that there is increasing patient demand for transparent, affordable, and shoppable healthcare.

The message is clear: with nearly half (43.2%) of Americans on high-deductible health plans, patients want more say in how they purchase medical services. Hospitals are who can provide that are being rewarded with reduced bad debt and increased patient satisfaction, which means greater financial stability.

This is the Age of Amazon.com, and patients are learning that they can take back control of their health spending with ecommerce platforms like MDsave.

"When people shop online at sites like Amazon.com, they have more control over their spending because of the ability to compare prices, track order history, and make informed purchase decisions based on a budget," said Paul Ketchel, MDsave CEO and Co-Founder. "Putting healthcare into a similar ecommerce environment brings that same dynamic of predictability and transparency to purchasing medical services."

About MDsave
MDsave is a healthcare technology company revolutionizing how hospitals and health systems increase access for the patient-consumer in an evolving market. The MDsave bundling solution allows providers to offer affordable, transparent pricing on complete episodes of care, increasing patient satisfaction while reducing bad debt and issuing payment to providers within 7 days of service. Through MDsave's patented collection software, patients pay one upfront price for prospective or retrospective care. MDsave empowers patients to take control over their healthcare decisions and gives hospitals a seamless way to collect from patients paying out of pocket for procedures. For more information, visit MDsave.com.

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.

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SOURCE MDsave

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