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MHK

Full company profile

uuid000694s

Namestring
MHK
Legal namestring
MedHOK, Inc.
Websiteurl
mhk.com
Company typeenum
Private
Founded yearint
2010
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersTampa, United States
HQ citystring
Tampa
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
healthcare SaaS platform, utilization management software, population health management, Medicare compliance technology, care management software
Industry2 codes
1Medication Analytics, Outcomes & Cost Optimization
CodeHLACAKALPrimaryYes
2Patient Relationship Management (PRM) & CRM for Provider Growth (Marketing/Outreach)
CodeHLACAEAOPrimaryNo
NAICS code2 codes
  • Computer Systems Design Services541512
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services5182
SIC code2 codes
  • Services-Prepackaged Software7372
  • Services-Health Services8000
Product category
Healthcare SaaS / Care Management Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Subscription
TypeSubscription Recurring
Description

MHK operates as a SaaS healthcare technology provider offering subscription-based access to its CareProminence and MarketProminence platforms. Pricing is quote-based and typically structured as per-member-per-month or enterprise licensing depending on client size and needs.

mhk.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Pricing details1 tier
1Enterprise SaaS licensing with modular solution packages
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based pricing; no public pricing listed. Solutions offered as modular packages including CareProminence (clinical/operational) and MarketProminence (administrative/enrollment) platforms.

mhk.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

MHK develops and sells SaaS-based healthcare technology platforms — CareProminence (clinical/operational) and MarketProminence (administrative/enrollment) — for health plans and pharmacy benefit managers. The platforms unify utilization management, care management, population health, pharmacy management, complaints/appeals/grievances, enrollment, premium billing, and financial reconciliation. Solutions are augmented by the SmartProminence AI Orchestrator, FHIR-native interoperability suite, and DataVisor analytics.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Handle time reduced from 15 minutes to 6 minutes (60% improvement) within 4 months of CareProminence implementation
+3 more records
Product overview1 text field

MHK offers a dual-platform architecture consisting of CareProminence and MarketProminence. CareProminence is a unified medical and pharmacy management platform that combines Utilization Management, Care Management, Population Health & Quality Management, Pharmacy Management, Complaints/Appeals & Grievances, and Interoperability modules, augmented by AI-powered SmartProminence Orchestrator and analytics via DataVisor. MarketProminence focuses on back-office operations including Enrollment & Member Maintenance, Premium Billing, Financial Reconciliation, and Web Portals. The platforms share a unified data layer and can operate independently or together. Additional offerings include the Cares Member Mobile App (iOS/Android) and Provider Portal. The company also offers the SmartProminence AI Solution Suite featuring AI-powered fax intake and workflow automation, as well as the NCQA HEDIS-certified 360Measures module and 360Member consolidated view tool.

Product and service15 records
1CareProminence
CategoryHealthcare SaaS Platform
Description

Unified medical and pharmacy management platform for health plans that centralizes utilization management, care management, population health, pharmacy management, and compliance workflows in a single cloud-based solution.

2MarketProminence
CategoryHealthcare SaaS Platform
Description

SaaS platform that streamlines enrollment, premium billing, and financial reconciliation for Medicare Advantage and Part D health plans to ensure CMS compliance and maximize revenue.

3SmartProminence Orchestrator
CategoryAI Orchestration Module
Description

Production-ready AI orchestration layer that coordinates intelligent agents across healthcare workflows, enabling health plans to deploy AI securely, compliantly, and at scale within weeks rather than months.

4DataVisor
CategoryAnalytics Module
Description

Analytics and insights solution for the CareProminence platform delivering real-time dashboards and operational intelligence, combining productivity metrics, compliance monitoring, and population health analytics in a single view.

5Utilization Management Suite
CategoryClinical Management Suite
Description

Enables high-quality, timely reviews for prior authorizations, concurrent inpatient cases, and post-service requests with automated workflows and real-time review capabilities.

6Care Management Suite
CategoryClinical Management Suite
Description

Unifies all medical management activities across the member journey, supporting case management, disease management, care coordination, D-SNP management, and long-term services and support.

7Population Health & Quality Management Suite
CategoryPopulation Health Suite
Description

Leverages advanced analytics and streamlined workflows for risk prediction, care gap remediation, HEDIS measure reporting, and PQA medication adherence monitoring.

8Pharmacy Management Suite
CategoryPharmacy Management Suite
Description

Manages the full spectrum of pharmacy operations including prior authorization, external reviews, appeals, grievances, medication therapy management, and overutilization monitoring across medical and pharmacy benefits.

9Complaints, Appeals & Grievances (CAG) Suite
CategoryCompliance Management Suite
Description

Enables efficient management of member and provider complaints, appeals, and grievances with automated workflows, regulatory compliance support, and integrated root cause analysis.

10MHK Interoperability Suite
CategoryInteroperability Platform
Description

FHIR-native interoperability platform supporting CMS compliance mandates and modernizing prior authorization workflows through standards-based APIs for Coverage Requirements Discovery (CRD), Documentation Templates and Rules (DTR), and Prior Authorization Support (PAS).

11Enrollment & Member Maintenance Solution
CategoryAdministrative Platform Module
Description

Purpose-built for CMS compliance, streamlining Medicare enrollment operations with automated workflows, prebuilt correspondence templates, and built-in compliance safeguards.

12Premium Billing Solution
CategoryAdministrative Platform Module
Description

Automates complex billing tasks, manages remittance models across member and group accounts, integrates CMS payment files, and provides full visibility into billing statuses.

13Financial Reconciliation
CategoryAdministrative Platform Module
Description

Ensures accurate financial processing and reconciliation for health plan operations.

14Web Portals
CategoryWeb Portals
Description

Medicare Advantage Member Enrollment Web Portals include an Enrollment Portal for plan staff and a Beneficiary Portal for members, enabling streamlined application processing with real-time data integration.

15Cares Member Mobile App
CategoryMember Mobile App
Description

Mobile application for iOS and Android connecting health plans and members for a centralized care journey, featuring video messaging, medication alerts, health risk assessments, appointment scheduling, and real-time data synchronization with CareProminence.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierSupportTypeTechnology or IntegrationAnnounced on2025-02-06
Description

The MHK + Findhelp partnership enables CareProminence users to access Findhelp's extensive social service network, streamlining care coordination and improving outcomes by addressing social determinants of health. From screening and closed-loop referrals to actionable insights.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

PQA develops and promotes measures for medication safety, adherence and appropriate use. The PQA/MHK partnership aims to advance pharmacy quality and medication adherence, with MHK integrating PQA drug measures into its healthcare platform and supporting value-based care.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

NCQA accredits healthcare organizations with emphasis on continuous quality improvement and performance measurement. MHK has achieved Population Health Management (PHM) Prevalidation status, demonstrating that CareProminence meets NCQA's rigorous standards for health plan accreditation and population health program accreditation.

Strategic tierSupportTypeTechnology or Integration
Description

WebMD Ignite delivers evidence-based health education and tools. Through its partnership with MHK, Ignite's resources are integrated into the MHK CareProminence platform to help care teams engage members with meaningful education that drives behavior change and improves outcomes.

Strategic tierSupportTypeTechnology or Integration
Description

Surescripts facilitates e-prescriptions and health intelligence sharing. Partnering with MHK, Surescripts integrates with CareProminence to automate prior authorizations, connect health plans with EHRs and providers, and enable real-time clinical decision-making.

Strategic tierSupportTypeTechnology or Integration
Description

Oracle provides advanced database software, cloud systems and enterprise applications. The MHK/Oracle collaboration enables scalable, secure data exchange, improved automation of prior authorizations, and advanced predictive insights.

Strategic tierSupportTypeTechnology or Integration
Description

Optum's InterQual solution delivers clinical evidence and technology to enhance healthcare quality. The integration strengthens data-driven care and utilization management, enabling payers and providers to streamline prior authorization and optimize care coordination.

Strategic tierSupportTypeTechnology or Integration
Description

Medi-Span provides embedded drug data and clinical screening solutions. Integrated into MHK's automated care platform, it enables real-time formulary checks, streamlined prior authorizations, and improved medication safety alerts.

Strategic tierSupportTypeTechnology or Integration
Description

MCG Health, part of Hearst Health, provides clinical guidelines, AI-driven software and analytics. MCG care guidelines can be integrated with MHK's automation tools to streamline utilization and care management, enabling faster prior authorizations.

Strategic tierSupportTypeTechnology or Integration
Description

The Johns Hopkins ACG System enables advanced population health analytics by stratifying patient risk and forecasting utilization. Integrating ACGs strengthens predictive modeling within CareProminence for targeting interventions and optimizing care management.

Strategic tierSupportTypeTechnology or Integration
Description

FDB, part of Hearst Health, creates and integrates drug knowledge. FDB's drug databases are embedded within MHK's CareProminence Utilization Management solution, enhancing clinical decision support and streamlining prior authorizations.

Strategic tierCoreTypeTechnology or Integration
Description

AWS provides MHK with infrastructure hosting. AWS HealthLake is used for managing interoperability with FHIR-based APIs. MHK is building a data lake with AWS QuickSight for advanced analytics to enhance compliance, automate prior authorizations, and deliver scalable, secure solutions.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Optum offers a comprehensive suite of payer technology, analytics, and care management services at massive scale, competing broadly with MHK's offerings while leveraging the UnitedHealthcare payer ecosystem.

TypeDirect peer
Description

Inovalon's ONE Platform delivers payer analytics, quality measurement (HEDIS/Star Ratings), and population health insights for health plans, directly competing with MHK's 360Measures, DataVisor, and Population Health suites.

TypeDirect peer
Description

Cognizant acquired TriZetto to become one of the largest payer technology providers, offering QNXT, CareAdvance, and NetworX platforms that directly compete with MHK's CareProminence and MarketProminence across utilization management, care management, and enrollment.

TypeDirect peer
Description

Medecision offers the Aerial platform for care management, utilization management, and population health for health plans and managed care organizations, competing head-to-head with MHK for similar payer customers.

TypeDirect peer
Description

ZeOmega's Jiva platform delivers utilization management, care management, and population health management for health plans and PBMs, closely mirroring MHK's CareProminence suite and competing in the same buyer evaluations.

TypeEmerging player
Description

Edifecs specializes in healthcare interoperability, FHIR-based prior authorization, and CMS compliance workflows, competing with MHK's Interoperability Suite and electronic prior authorization capabilities.

TypeDirect peer
Description

HealthEdge provides next-generation core administrative processing and care management SaaS (HealthRules Payor, GuidingCare) for health plans, directly overlapping with MHK's utilization, care management, and population health offerings.

TypeBroad incumbent
Description

Now part of Optum, Change Healthcare provides revenue cycle, payment, and interoperability solutions for payers and providers, with overlap on prior authorization and FHIR-based API offerings.

TypeDirect peer
Description

Casenet provides care management technology for Medicaid and government-sponsored health plans, overlapping directly with MHK's Care Management Suite for the same payer segment.

TypeBroad incumbent
Description

Oracle Health (formerly Cerner) provides payer-facing solutions alongside its dominant provider EHR, with growing FHIR-native and analytics capabilities that increasingly overlap with MHK's interoperability and population health modules.

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration12 records

Each record includes

Title, Type, Description, Source

AI capability10 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature11 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance7 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

MHK

Healthcare SaaS / Care Management Softwaremhk.com

MHK firmographics

Firmographics
Name
MHK
Legal name
MedHOK, Inc.
Website
https://mhk.com
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
251–500 employees
Ownership category
akta.pro rank

MHK industry classification

Industry
Product category
Healthcare SaaS / Care Management Software
NAICS
Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
SIC
Services-Prepackaged Software (7372), Services-Health Services (8000)
akta.pro primary industry
Medication Analytics, Outcomes & Cost Optimization (HLACAKAL)
akta.pro secondary industry
Patient Relationship Management (PRM) & CRM for Provider Growth (Marketing/Outreach) (HLACAEAO)

Keywords

  • Healthcare SaaS platform
  • Utilization management software
  • Population health management
  • Medicare compliance technology
  • Care management software

Where MHK is headquartered

Location

Headquarters

HQ city
Tampa
HQ country
United States
HQ region
North America

Offices2 records

Markets served

MHK business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. SaaS Subscription: MHK operates as a SaaS healthcare technology provider offering subscription-based access to its CareProminence and MarketProminence platforms. Pricing is quote-based and typically structured as per-member-per-month or enterprise licensing depending on client size and needs.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise SaaS licensing with modular solution packages

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

MHK product offering

Product offering

Core offering

MHK develops and sells SaaS-based healthcare technology platforms — CareProminence (clinical/operational) and MarketProminence (administrative/enrollment) — for health plans and pharmacy benefit managers. The platforms unify utilization management, care management, population health, pharmacy management, complaints/appeals/grievances, enrollment, premium billing, and financial reconciliation. Solutions are augmented by the SmartProminence AI Orchestrator, FHIR-native interoperability suite, and DataVisor analytics.

Product overview

MHK offers a dual-platform architecture consisting of CareProminence and MarketProminence. CareProminence is a unified medical and pharmacy management platform that combines Utilization Management, Care Management, Population Health & Quality Management, Pharmacy Management, Complaints/Appeals & Grievances, and Interoperability modules, augmented by AI-powered SmartProminence Orchestrator and analytics via DataVisor. MarketProminence focuses on back-office operations including Enrollment & Member Maintenance, Premium Billing, Financial Reconciliation, and Web Portals. The platforms share a unified data layer and can operate independently or together. Additional offerings include the Cares Member Mobile App (iOS/Android) and Provider Portal. The company also offers the SmartProminence AI Solution Suite featuring AI-powered fax intake and workflow automation, as well as the NCQA HEDIS-certified 360Measures module and 360Member consolidated view tool.

Differentiator

Problem solved

Functional benefit

Products and services

  • CareProminence Unified medical and pharmacy management platform for health plans that centralizes utilization management, care management, population health, pharmacy management, and compliance workflows in a single cloud-based solution.
  • MarketProminence SaaS platform that streamlines enrollment, premium billing, and financial reconciliation for Medicare Advantage and Part D health plans to ensure CMS compliance and maximize revenue.
  • SmartProminence Orchestrator Production-ready AI orchestration layer that coordinates intelligent agents across healthcare workflows, enabling health plans to deploy AI securely, compliantly, and at scale within weeks rather than months.
  • DataVisor Analytics and insights solution for the CareProminence platform delivering real-time dashboards and operational intelligence, combining productivity metrics, compliance monitoring, and population health analytics in a single view.
  • Utilization Management Suite Enables high-quality, timely reviews for prior authorizations, concurrent inpatient cases, and post-service requests with automated workflows and real-time review capabilities.
  • Care Management Suite Unifies all medical management activities across the member journey, supporting case management, disease management, care coordination, D-SNP management, and long-term services and support.
  • Population Health & Quality Management Suite Leverages advanced analytics and streamlined workflows for risk prediction, care gap remediation, HEDIS measure reporting, and PQA medication adherence monitoring.
  • Pharmacy Management Suite Manages the full spectrum of pharmacy operations including prior authorization, external reviews, appeals, grievances, medication therapy management, and overutilization monitoring across medical and pharmacy benefits.
  • Complaints, Appeals & Grievances (CAG) Suite Enables efficient management of member and provider complaints, appeals, and grievances with automated workflows, regulatory compliance support, and integrated root cause analysis.
  • MHK Interoperability Suite FHIR-native interoperability platform supporting CMS compliance mandates and modernizing prior authorization workflows through standards-based APIs for Coverage Requirements Discovery (CRD), Documentation Templates and Rules (DTR), and Prior Authorization Support (PAS).
  • Enrollment & Member Maintenance Solution Purpose-built for CMS compliance, streamlining Medicare enrollment operations with automated workflows, prebuilt correspondence templates, and built-in compliance safeguards.
  • Premium Billing Solution Automates complex billing tasks, manages remittance models across member and group accounts, integrates CMS payment files, and provides full visibility into billing statuses.
  • Financial Reconciliation Ensures accurate financial processing and reconciliation for health plan operations.
  • Web Portals Medicare Advantage Member Enrollment Web Portals include an Enrollment Portal for plan staff and a Beneficiary Portal for members, enabling streamlined application processing with real-time data integration.
  • Cares Member Mobile App Mobile application for iOS and Android connecting health plans and members for a centralized care journey, featuring video messaging, medication alerts, health risk assessments, appointment scheduling, and real-time data synchronization with CareProminence.

Quantifiable outcome

  • Handle time reduced from 15 minutes to 6 minutes (60% improvement) within 4 months of CareProminence implementation
  • +3 more outcomes

Companies that use MHK

Customer profile

Named customers8 records

Segments3 records

Ideal customer profiles2 records

MHK technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability10 records

Feature11 records

MHK partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered support and core.

  • FindhelpsupportTechnology or Integration · 6 February 2025The MHK + Findhelp partnership enables CareProminence users to access Findhelp's extensive social service network, streamlining care coordination and improving outcomes by addressing social determinants of health. From screening and closed-loop referrals to actionable insights.
  • Pharmacy Quality Alliance (PQA)coreStrategic or Co-development PartnerPQA develops and promotes measures for medication safety, adherence and appropriate use. The PQA/MHK partnership aims to advance pharmacy quality and medication adherence, with MHK integrating PQA drug measures into its healthcare platform and supporting value-based care.
  • National Committee for Quality Assurance (NCQA)coreStrategic or Co-development PartnerNCQA accredits healthcare organizations with emphasis on continuous quality improvement and performance measurement. MHK has achieved Population Health Management (PHM) Prevalidation status, demonstrating that CareProminence meets NCQA's rigorous standards for health plan accreditation and population health program accreditation.
  • WebMD IgnitesupportTechnology or IntegrationWebMD Ignite delivers evidence-based health education and tools. Through its partnership with MHK, Ignite's resources are integrated into the MHK CareProminence platform to help care teams engage members with meaningful education that drives behavior change and improves outcomes.
  • SurescriptssupportTechnology or IntegrationSurescripts facilitates e-prescriptions and health intelligence sharing. Partnering with MHK, Surescripts integrates with CareProminence to automate prior authorizations, connect health plans with EHRs and providers, and enable real-time clinical decision-making.
  • OraclesupportTechnology or IntegrationOracle provides advanced database software, cloud systems and enterprise applications. The MHK/Oracle collaboration enables scalable, secure data exchange, improved automation of prior authorizations, and advanced predictive insights.
  • Optum (InterQual)supportTechnology or IntegrationOptum's InterQual solution delivers clinical evidence and technology to enhance healthcare quality. The integration strengthens data-driven care and utilization management, enabling payers and providers to streamline prior authorization and optimize care coordination.
  • Medi-Span (Wolters Kluwer)supportTechnology or IntegrationMedi-Span provides embedded drug data and clinical screening solutions. Integrated into MHK's automated care platform, it enables real-time formulary checks, streamlined prior authorizations, and improved medication safety alerts.
  • MCG HealthsupportTechnology or IntegrationMCG Health, part of Hearst Health, provides clinical guidelines, AI-driven software and analytics. MCG care guidelines can be integrated with MHK's automation tools to streamline utilization and care management, enabling faster prior authorizations.
  • Johns Hopkins ACG SystemsupportTechnology or IntegrationThe Johns Hopkins ACG System enables advanced population health analytics by stratifying patient risk and forecasting utilization. Integrating ACGs strengthens predictive modeling within CareProminence for targeting interventions and optimizing care management.
  • FDB (First Databank)supportTechnology or IntegrationFDB, part of Hearst Health, creates and integrates drug knowledge. FDB's drug databases are embedded within MHK's CareProminence Utilization Management solution, enhancing clinical decision support and streamlining prior authorizations.
  • Amazon Web Services (AWS)coreTechnology or IntegrationAWS provides MHK with infrastructure hosting. AWS HealthLake is used for managing interoperability with FHIR-based APIs. MHK is building a data lake with AWS QuickSight for advanced analytics to enhance compliance, automate prior authorizations, and deliver scalable, secure solutions.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

MHK competitors and assessment

Company assessment

Broad incumbents

  • Optum (UnitedHealth Group): Optum offers a comprehensive suite of payer technology, analytics, and care management services at massive scale, competing broadly with MHK's offerings while leveraging the UnitedHealthcare payer ecosystem.
  • Change Healthcare (Optum): Now part of Optum, Change Healthcare provides revenue cycle, payment, and interoperability solutions for payers and providers, with overlap on prior authorization and FHIR-based API offerings.
  • Oracle Health: Oracle Health (formerly Cerner) provides payer-facing solutions alongside its dominant provider EHR, with growing FHIR-native and analytics capabilities that increasingly overlap with MHK's interoperability and population health modules.

Direct peers

  • Inovalon: Inovalon's ONE Platform delivers payer analytics, quality measurement (HEDIS/Star Ratings), and population health insights for health plans, directly competing with MHK's 360Measures, DataVisor, and Population Health suites.
  • Cognizant (Trizetto): Cognizant acquired TriZetto to become one of the largest payer technology providers, offering QNXT, CareAdvance, and NetworX platforms that directly compete with MHK's CareProminence and MarketProminence across utilization management, care management, and enrollment.
  • Medecision: Medecision offers the Aerial platform for care management, utilization management, and population health for health plans and managed care organizations, competing head-to-head with MHK for similar payer customers.
  • ZeOmega: ZeOmega's Jiva platform delivers utilization management, care management, and population health management for health plans and PBMs, closely mirroring MHK's CareProminence suite and competing in the same buyer evaluations.
  • HealthEdge: HealthEdge provides next-generation core administrative processing and care management SaaS (HealthRules Payor, GuidingCare) for health plans, directly overlapping with MHK's utilization, care management, and population health offerings.
  • Casenet (Centene): Casenet provides care management technology for Medicaid and government-sponsored health plans, overlapping directly with MHK's Care Management Suite for the same payer segment.

Emerging players

  • Edifecs: Edifecs specializes in healthcare interoperability, FHIR-based prior authorization, and CMS compliance workflows, competing with MHK's Interoperability Suite and electronic prior authorization capabilities.

Market position

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

MHK social profiles

Digital presence

MHK compliance and trust

Trust signal

Compliance7 records

MHK financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MHK leadership team

Management profile

Number of profiles

Profiles12 records

MHK funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

MHK M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MHK

What does MHK do?

MHK develops and sells SaaS-based healthcare technology platforms — CareProminence (clinical/operational) and MarketProminence (administrative/enrollment) — for health plans and pharmacy benefit managers. The platforms unify utilization management, care management, population health, pharmacy management, complaints/appeals/grievances, enrollment, premium billing, and financial reconciliation. Solutions are augmented by the SmartProminence AI Orchestrator, FHIR-native interoperability suite, and DataVisor analytics.

Is MHK a public or private company?

MHK is a private company. It is classified as corporate owned and is currently operating.

When was MHK founded?

MHK was founded in 2010. It employs 251 to 500 people.

Where is MHK based?

MHK is headquartered in Tampa, United States, in the North America region.

How does MHK make money?

One revenue line is on record: saaS Subscription.

Who are MHK's main competitors?

Broad incumbents on record are Optum (UnitedHealth Group), Change Healthcare (Optum) and Oracle Health. Direct peers are Inovalon, Cognizant (Trizetto), Medecision, ZeOmega, HealthEdge and Casenet (Centene). Edifecs is listed as an emerging player.

Does MHK have an API?

Yes. MHK offers FHIR-based APIs aligned with CMS interoperability mandates (CMS-0057-F). The platform supports Patient Access API, Provider Access API, Payer-to-Payer API, and electronic prior authorization APIs including Coverage Requirements Discovery (CRD), Documentation Templates and Rules (DTR), and Prior Authorization Support (PAS). The interoperability solution supports Da Vinci burden reduction standards and SMART on FHIR authentication patterns. Additional API categories include: Claims Systems, Clinical Decision Support, CRMs, Document Management Systems, Electronic Prior Auth (ePA), Eligibility and Provider Demographics, Health Education, External Decision Rules, Lab Data, Mail/Fax/Digital/IVR Fulfillment, Member and Provider Portals, Pharmacy Benefit Managers, Pharmacy Content, Pub/Serve Event Notifications, Quality and Risk Adjustment, Social Determinants of Health, and SSO integrations. AWS HealthLake is used for managing FHIR-based API interoperability. Developer documentation is at mhk.com/solutions/mhk-careprominence/mhk-interop-suite.

What industry is MHK in?

MHK's product category is Healthcare SaaS / Care Management Software. Its primary akta.pro industry code is HLACAKAL, Medication Analytics, Outcomes & Cost Optimization, with a secondary code of HLACAEAO, Patient Relationship Management (PRM) & CRM for Provider Growth (Marketing/Outreach). Its NAICS code is 541512 and its SIC code is 7372.

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Live signals
PR NewswireMHK Achieves Full NCQA Prevalidation for Population Health ManagementMHK, a healthcare technology provider and part of the Hearst Health network, has successfully completed National Committee for Quality Assurance (NCQA) Population Health Management prevalidation across all four required PHM elements for its CareProminence platform. The certification enables NCQA-accredited clients—including health plans, population health programs, managed behavioral healthcare organizations, and case management programs—to earn automatic credit toward their NCQA surveys, reducing documentation and validation burden. The milestone reflects MHK's continued alignment with NCQA's evolving standards and strengthens its positioning as a standards-aligned technology partner for healthcare organizations navigating regulatory and accreditation requirements.PR NewswireMHK Introduces SmartProminence®--Natively Built AI-Powered Solutions that Drive Operational ExcellenceMHK announced the launch of SmartProminence, an AI-powered solution suite designed to help health plans and pharmacy benefit managers streamline utilization management and pharmacy workflows. The suite features capabilities such as automated fax intake for prior authorizations and compliance guardrails aligned with CMS and NCQA standards, with availability starting in Q1 2026. This release aims to reduce manual burdens and improve operational efficiency and member outcomes for its clients.PR NewswireMHK Earns HEDIS® Software Certification for Sixteenth Consecutive YearMHK, a healthcare technology company specializing in compliance-driven SaaS solutions for health plans and pharmacy benefit managers, has been certified by the National Committee for Quality Assurance (NCQA) under the HEDIS Software Certification program for the sixteenth consecutive year. The certification applies to MHK's CareProminence 360Measures solution, which supports regulatory reporting for CMS, NCQA, and state agencies, helping clients improve member quality of care and reduce risk. The milestone reflects the company's ongoing dedication to advancing quality in value-based care and maintaining leadership in technology standards within the evolving healthcare landscape.PR NewswireMHK Ranked #1 Best in KLAS for Payer Care Management SolutionsMHK, a healthcare technology provider and part of the Hearst Health network, was ranked #1 in the 2024 Best in KLAS: Software & Services Report for the Payer Care Management Solutions category with its CareProminence clinical technology platform. The ranking was based on client satisfaction data gathered by KLAS Research, with executives highlighting the platform's comprehensive functionality, integration capabilities, regulatory expertise, and compliance support. MHK will be formally recognized for this achievement at the Best in KLAS Awards Show held at HIMSS in Orlando, Florida on March 11, 2024.PR NewswireMHK WELCOMES DR. MAURICE HERBELIN AS CHIEF MEDICAL OFFICERMHK, a healthcare technology provider and part of the Hearst Health network, announced the appointment of Dr. Maurice Herbelin as its new Chief Medical Officer. Dr. Herbelin will lead the company's clinical strategy and brings nearly a decade of CMO-level experience from UnitedHealth Group, Optum, and UnitedHealthcare, where he received the UnitedHealth Group Stephen J. Hemsley CEO Innovation Award. The company, which serves major health plans including four of the top five and seven of the top ten health plans, highlighted Dr. Herbelin's expertise in technology, data analytics, and value-based care as key to driving its continued growth.PR NewswireMHK WELCOMES POLINA VASERMAN AS VICE PRESIDENT OF PRODUCT MANAGEMENTMHK, a healthcare technology provider and part of the Hearst Health network, announced the appointment of Polina Vaserman as Vice President of Product Management. Vaserman will be responsible for the strategic vision, execution, and overall success of the MHK CareProminence product portfolio, bringing over 15 years of management experience in healthcare software products for health plans and pharmacy benefit managers. The company stated she will help drive continual innovation and growth at MHK.PR NewswireCONOR BAGNELL NAMED PRESIDENT OF HEARST HEALTH'S MHKHearst announced that Conor Bagnell has been named president of its MHK business unit, effective immediately, succeeding Marc Ryan who has been appointed to a newly created executive advisor role. Bagnell previously led product management and strategy at MCG, another Hearst Health company, and brings experience in aligning health plans with healthcare providers. Ryan will continue to provide industry insights and strategic input across the business in his advisory capacity.PR NewswireMHK PUTS HEALTHCARE IN MEMBERS' HANDS WITH NEW CARES MEMBER APPMHK, a healthcare technology provider within the Hearst Health network, announced the launch of the Cares member mobile app designed to enhance engagement between health plan members and care teams. The application provides members with tools for virtual care, messaging, and real-time management of health data such as appointments and vitals on iOS and Android devices.GlobeNewswireHealthwise and MHK Partner to Reach More People With Health EducationHealthwise and MHK announced a strategic partnership to integrate MHK's CareProminence platform with Healthwise's Care Management Solution. The integration aims to make health education more accessible to care teams, improving member engagement and reducing costs. The partnership is expected to enhance health literacy and member decision-making.PR NewswireMHK Partners With SepireMHK, a healthcare technology company and part of the Hearst Health network, announced a strategic partnership with Sepire on March 19, 2020, integrating their CareProminence and CompliChain platforms to automate compliant member and provider communications for health plans and pharmacy benefit managers. The integration enables Sepire's print and mail fulfillment technology to process up to four million letters daily with real-time reporting and individual recipient-level tracking. The companies indicated plans to expand the integration to include fax, e-Presentment, and SMS technologies for the health plan and PBM market.