MedVision
MedVision is a US-based healthcare administration software company that develops QuickCap, a web-based platform for claims processing, care coordination, and population health management, sold to value-based-care organizations such as TPAs, ACOs, MSOs, IPAs, PHOs, and specialty networks.
- Company typePrivate
- Founded1994
- HeadquartersArlington Heights, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What MedVision does
MedVision is a privately held US healthcare administration software company founded in 1994 and headquartered in Arlington Heights, Illinois. The company develops and sells QuickCap, a web-based healthcare administration platform sold predominantly to delegated-risk and value-based-care organizations including Third Party Administrators (TPAs), Accountable Care Organizations (ACOs), Management Services Organizations (MSOs), Independent Physician Associations (IPAs), Physician-Hospital Organizations (PHOs), and specialty networks. Lines of business supported include PACE, Dual Health Plans, Medicare Advantage, Medicaid/Medi-Cal, and the ACO REACH model. MedVision's product surface also includes Business Process as a Service (BPaaS) for outsourced claims, credentialing, capitation, and call-center operations, and Professional Services for risk-based model design and implementation consulting.
At a technical level, QuickCap is a configurable, modular platform that integrates claims adjudication, provider credentialing, referrals and authorizations, capitation payment processing, and population health management. Notable technical components include a configurable claims adjudication engine, a provider portal mobile app, executive analytics and reporting dashboards with predictive analytics for risk and medical-expense management, an AI-powered OCR module for UB04 institutional claim digitization, interactive voice response (IVR) call automation, and HIPAA-compliant EDI interfaces. The platform holds CORE Certification, SOC audit certification, and HITRUST Risk-Based 2-Year certification, supporting its positioning with payer and risk-bearing customers.
MedVision generates revenue through three streams: subscription-based licensing of the QuickCap platform, BPaaS/managed services for outsourced healthcare administration operations, and professional/advisory services. Go-to-market is sales-led with direct enterprise field sales supported by industry-conference participation (NAACOS, FLAACOs, NPA, APG, HCAA, HICE, SIIA, TXAACOs) and a curated channel partner network of approximately 14 technology providers. Reported operational scale includes processing 5.1M+ lives, 480K+ claims, and $250M+ claims dollar volume per month through the platform, with stated average client retention exceeding 10 years. Ownership is independent and private; the 2022 acquisition of Complete Health Systems (CHS) is the only disclosed M&A transaction.
MedVision firmographics
Firmographics- Name
- MedVision
- Legal name
- MedVision Inc.
- Website
- https://medvision-solutions.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MedVision is a US-based healthcare administration software company that develops QuickCap, a web-based platform for claims processing, care coordination, and population health management, sold to value-based-care organizations such as TPAs, ACOs, MSOs, IPAs, PHOs, and specialty networks.
- Ownership category
- akta.pro rank
MedVision industry classification
Industry- Product category
- Healthcare Administration Software
- NAICS
- Software Publishers (51321), Direct Life, Health, and Medical Insurance Carriers (52411), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Hospital & Medical Service Plans (6324), Services-Prepackaged Software (7372), Accident & Health Insurance (6321), Services-Health Services (8000)
- akta.pro primary industry
- Medicare Quality, Risk Adjustment & Stars Analytics/Services (FSAIAGAJ)
- akta.pro secondary industries
- Pharmacy/Medication Management & Virtual MTM (Payer-Sponsored) (HLALACAK), Medigap Member Support & Care Navigation (Advocacy/Concierge) (HLAEADAH), Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG)
Keywords
Where MedVision is headquartered
LocationHeadquarters
- HQ city
- Arlington Heights
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MedVision business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licensing (QuickCap Platform): QuickCap v7.0 is sold as a web-based healthcare administration software platform. Organizations pay for access to the integrated platform covering claims processing, credentialing, authorizations, and analytics. The platform is modular and configurable for different healthcare business models.
- Business Process as a Service (BPaaS): MedVision provides outsourced operational services including membership management, encounters processing, provider loading and credentialing, claims administration, capitation management, credentialing, referrals processing, and call center operations. This service helps organizations better utilize resources and control operating expenditures.
- Professional Services: Advisory and implementation services including establishing business models, aligning stakeholders for risk-based structures, interim management during transitions, contract negotiation support, infrastructure building, and education on new payment models. These services help healthcare organizations transform from fee-for-service to value-based delivery systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based pricing - Contact sales for custom quotes |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels6 records
MedVision product offering
Product offeringCore offering
MedVision sells QuickCap v7.0, a web-based modular healthcare administration platform that processes claims, manages provider credentialing, handles referrals and authorizations, calculates capitation payments, and supports population health analytics for value-based care and delegated-risk organizations. The company complements this software with Business Process as a Service (BPaaS) for outsourced transaction handling and Professional Services for implementation, business transformation, and value-based care strategy consulting.
Product overview
MedVision offers QuickCap v7.0 as a unified, modular healthcare administration platform for value-based care, complemented by specialized solutions and services. The core QuickCap platform provides comprehensive claims processing, care coordination, and workflow automation, while specialized modules address specific business models (ACO, MSO, TPA, IPA, PHO, Specialty Networks) and lines of business (PACE, Dual Health Plans, Medicare Advantage, Medicaid, ACO REACH). Business Process as a Service (BPaaS) enables organizations to outsource operational tasks, and Professional Services provide consulting support for implementation and business transformation.
Differentiator
Problem solved
Functional benefit
Brands
- QuickCap: Comprehensive web-based healthcare administration software for value-based care, claims processing, and payer services.
Products and services
- QuickCap v7.0 Comprehensive web-based healthcare administration platform for delegated value-based care organizations, integrating claims processing, clinical data management, financial outcomes, care coordination, provider credentialing, and population health analytics in one configurable system.
- Business Process as a Service (BPaaS) Outsourced business process services helping healthcare organizations optimize operations including membership enrollment, eligibility processing, encounter submissions, provider loading, claims administration, capitation management, credentialing, referrals processing, and call center operations.
- Professional Services Consulting and advisory services assisting healthcare organizations with business model establishment, stakeholder alignment for risk-based structures, interim management, contract negotiation, infrastructure building, and implementation of new payment model designs.
- ACO Management Software Accountable Care Organization management solution within QuickCap providing population health tools, risk stratification, care coordination, claims administration, integrated evidence-based care guidelines, CMS quality measures tracking, and savings/loss reporting for ACOs.
- MSO Software Management Services Organization platform for comprehensive multi-client healthcare organization management, handling referral processes, capitation payments, automated claim adjudication, evidence-based care guidelines, HIPAA-based EDI, and configurable dashboards.
- TPA Software Third Party Administrator solution for benefits administration and claims management, supporting multi-employer environments, utilization management, stop loss configuration, audit reporting, and HIPAA-based EDI functionality for self-funded employer groups.
- IPA Software Independent Physician Association management platform for risk-bearing organizations, handling eligibility reconciliation, referral and authorization processes, capitation and profitability tracking, claim adjudication, and health plan reporting for IPAs.
- PHO Software Physician-Hospital Organization management platform supporting hospital-physician partnerships with division of financial responsibility, population reconciliation, automated claim administration, care coordination, capitation reporting, and executive dashboards.
- Specialty Network Management Specialty network management platform supporting behavioral health, eye care, surgery-based, orthopedic, and dermatology networks with provider panel management, benefit configuration, utilization management, auto claim adjudication, and stop loss reporting.
- PACE Program Platform Program of All-inclusive Care for the Elderly (PACE) management software providing compliance in care coordination, claims, utilization management, interdisciplinary team coordination, participant enrollment, RAF dashboard tracking, and case management.
- Dual Health Plan Solution Dual eligible beneficiary management platform providing oversight over member benefits, eligibility validation, configurable pricing options, and benefit coordination for Medicare and Medicaid crossover populations.
- Medicare Advantage Software Medicare Advantage plan automation platform with Medical Loss Ratio management, compliance validation, claims adjudication, utilization management, provider contract configuration, and pricing setups for Medicare environments.
- Medicaid and Medi-Cal Management Federal-state program management software for Medicaid and Medi-Cal, supporting state-specific fee schedules, eligibility processing, claims adjudication, CCS responsibilities, and provider dispute resolution.
- ACO REACH Program Management ACO Realizing Equity, Access, and Community Health (REACH) model management supporting health equity plans, beneficiary empowerment, provider accountability, and expanded healthcare access for underserved populations.
- Specialty and Carve-Out Plan Management Specialty and carve-out benefit management platform for focused market environments, supporting partial or full risk agreement structures with claims administration, benefits processing, and integrated care management.
Quantifiable outcome
- 5.1M+ lives processed per month
- +3 more outcomes
Companies that use MedVision
Customer profileNamed customers3 records
Segments11 records
Ideal customer profiles2 records
MedVision technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature9 records
MedVision partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and supporting.
- HealthCorumcoreStrategic partnership to improve healthcare network performance and promote value-based care by combining data analytics and technological platforms. Collaboration aims to deliver actionable insights that enhance transparency, efficiency, and provider engagement across the healthcare industry. HealthCorum provides advanced analytics that guide members to high-value care, integrated with MedVision's QuickCap platform.
- Apollo Managed CaresupportingProvides accessible evidence-based clinical decision support integrated with QuickCap platform for medical review criteria and guidelines rooted in latest research and system frameworks.
- Clinigence HealthsupportingAnalytics-driven solutions for enhanced financial performance, providing comprehensive healthcare analytics that transform data into population health insights for higher-quality care at reduced cost.
- Dolphin Health RxsupportingPrecision pharmacy services guaranteeing timely and cost-effective medication dispensing for chronically ill patients and other essential groups, coordinated with QuickCap workflows.
- DosePackersupportingAutomated pharmacy services that coordinate medication management between healthcare providers and care homes to set a new standard for patient care adherence.
- DrCatalystsupportingVirtual staffing for all healthcare administrative needs, providing support to streamline administrative operations and empower delivery of high-quality care.
- ER Tech ProssupportingProactive managed IT services strengthening IT network with top security services provider, ensuring robust protection and peace of mind for healthcare operations.
- FinThrivesupportingAccurate inpatient claims processing using FinThrive's ClaimShop, seamlessly integrated into QuickCap v7 for enhanced efficiency in revenue management.
- MeditabsupportingAll-in-One EHR, Practice Management, and Billing Software solution integrated with QuickCap to streamline practice operations and billing management.
- NexJ HealthsupportingPersonalized patient engagement for chronic disease prevention and management, driving higher patient engagement through evidence-based programs.
- Nexus HRsupportingExperienced human resource specialists providing complete HR support team managing recruitment, training, payroll, bookkeeping, and more.
- PCG SoftwaresupportingAI-powered tools to boost bottom line through PCG's Virtual Examiner for claims auditing, directly integrated into QuickCap v7 for automated cost containment.
- Zakipoint HealthsupportingAI-driven member experience enhancement with personalized recommendations, behavioral nudges, and predictive analytics while ensuring cost containment and compliance with transparency laws.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
MedVision competitors and assessment
Company assessmentBroad incumbents
- Optum (UnitedHealth Group): Optum combines the largest US payer (UnitedHealthcare) with health IT, analytics, and risk-adjustment services. Comparable as a broad incumbent offering competing admin, risk, and analytics capabilities against MedVision's niche stack.
- Epic Systems: Epic is the dominant US hospital EHR vendor and increasingly extends into payer-adjacent, ACO, and population health functionality through tools like Healthy Planet. Comparable as a broad incumbent whose expanding footprint could encroach on MedVision's delegated-risk niche.
- Change Healthcare (Optum): Change Healthcare, now part of Optum, provides revenue cycle, claims, and interoperability infrastructure across the US healthcare system. Comparable to MedVision as an incumbent in claims processing and payer-provider data exchange.
Direct peers
- Availity: Availity operates a payer-provider collaboration network and revenue cycle management platform. Comparable to MedVision as it serves similar payer-administration and interoperability use cases (CAQH CORE-aligned workflows).
- Lightbeam Health Solutions: Lightbeam provides population health management and value-based care analytics for ACOs, IPAs, and risk-bearing entities. Overlaps with MedVision's ACO/IPA modules around risk stratification, HCC tracking, and care coordination.
- Arcadia: Arcadia offers a healthcare data and analytics platform for ACOs, payers, and providers, with deep value-based care reporting capabilities. Comparable to MedVision's analytics, risk-adjustment, and population health functionality.
- Cedar Gate Technologies: Cedar Gate provides value-based care analytics, payer contracting, and population health software for risk-bearing entities. Directly comparable to QuickCap's ACO REACH, capitation, and risk-adjustment management modules.
- HealthEdge: HealthEdge provides a suite of payer-core administration platforms (HealthRules Payor, GuidingCare, Wellframe) used by commercial and government health plans. Directly comparable to MedVision as both sell integrated admin software targeting value-based care and payer-side workflows.
- Trizetto (Cognizant): Cognizant's Trizetto business delivers claims administration, member management, and provider network software for payers and delegated entities. Closely comparable to QuickCap's claims-adjudication and provider-credentialing focus for value-based care organizations.
Emerging players
- Innovaccer: Innovaccer offers a healthcare data platform unifying providers, payers, and ACOs, with growing risk-adjustment and care-management capabilities. Comparable as a value-based-care platform though broader in scope and newer to the delegated-risk niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MedVision social profiles
Digital presenceMedVision compliance and trust
Trust signalCompliance3 records
MedVision financial estimates
Financial estimateRevenue estimate
Valuation estimate
MedVision leadership team
Management profileNumber of profiles
Profiles2 records
MedVision funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MedVision M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MedVision
What does MedVision do?
MedVision sells QuickCap v7.0, a web-based modular healthcare administration platform that processes claims, manages provider credentialing, handles referrals and authorizations, calculates capitation payments, and supports population health analytics for value-based care and delegated-risk organizations. The company complements this software with Business Process as a Service (BPaaS) for outsourced transaction handling and Professional Services for implementation, business transformation, and value-based care strategy consulting.
Is MedVision a public or private company?
MedVision is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MedVision founded?
MedVision was founded in 1994. It employs 11 to 50 people.
Where is MedVision based?
MedVision is headquartered in Arlington Heights, United States, in the North America region.
How does MedVision make money?
Three revenue lines are on record. Software Licensing (QuickCap Platform) is the primary driver. The others are business Process as a Service (BPaaS) and professional Services.
Who are MedVision's main competitors?
Broad incumbents on record are Optum (UnitedHealth Group), Epic Systems and Change Healthcare (Optum). Direct peers are Availity, Lightbeam Health Solutions, Arcadia, Cedar Gate Technologies, HealthEdge and Trizetto (Cognizant). Innovaccer is listed as an emerging player.
Does MedVision have an API?
No public API is recorded for MedVision.
What industry is MedVision in?
MedVision's product category is Healthcare Administration Software. Its primary akta.pro industry code is FSAIAGAJ, Medicare Quality, Risk Adjustment & Stars Analytics/Services, with a secondary code of HLALACAK, Pharmacy/Medication Management & Virtual MTM (Payer-Sponsored). Its NAICS code is 51321 and its SIC code is 6324.