Apierion
Apierion is a private healthcare technology company that builds blockchain-based payment and digital identity infrastructure (including the Apierion Network, MEDspedia, and Digital Medical Twin suite) for healthcare providers, payers, patients, governments, and veterinary markets across the US, Bermuda, India, and other geographies.
- Company typePrivate
- Founded2016
- HeadquartersHamilton, Bermuda
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Apierion does
Apierion, formerly MAPay, LLC, is a private healthcare technology company founded in 2016 and headquartered in Voorhees, New Jersey with a global headquarters in Hamilton, Bermuda. The company builds blockchain-based infrastructure for healthcare payments, digital identity, and interoperable health records, operating on a hybrid architecture that combines distributed ledger technology (initially Algorand, later Avalanche) with traditional databases and smart contract capabilities. Its product portfolio centers on the Apierion Network for multi-party medical payments and permissioned health data access, the MEDspedia consumer portal for patient bill payment, and the Digital Medical Twin (DMT) suite comprising ProDT for healthcare professionals, MyDT for patients, and OrgDT for organizations. The platform also extends into the veterinary market via PetDT and into anti-doping compliance via the Truce Compliance Index partnership with The Truce Foundation.
Apierion generates revenue through a mix of transaction-based fees on healthcare payments processed through its network and subscription-based access to Digital Medical Twin services, while large-scale government and enterprise deployments are negotiated on a quote-based basis. Named customers and partners include Temple University Health System, Philadelphia International Medicine, the Bermuda Health Council (live DMT credentialing deployment), the Government of Maharashtra, India (100 million NFTs for digital health records on Algorand), and The Truce Foundation, with additional exploratory discussions in Panama and Rwanda. The company employs 1-10 people and operates a global GTM motion combining direct enterprise field sales, a consumer self-serve portal, and strategic government and channel partnerships.
Apierion firmographics
Firmographics- Name
- Apierion
- Legal name
- Apierion, LLC
- Website
- https://apierion.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Apierion is a private healthcare technology company that builds blockchain-based payment and digital identity infrastructure (including the Apierion Network, MEDspedia, and Digital Medical Twin suite) for healthcare providers, payers, patients, governments, and veterinary markets across the US, Bermuda, India, and other geographies.
- Ownership category
- akta.pro rank
Apierion industry classification
Industry- Product category
- Healthcare Payment Technology
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- API Management & Developer Portals for Health Data (HLACABAD)
- akta.pro secondary industries
- Payment Gateways & API Connectivity (FSAGABAB), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Healthcare Payouts (Payers-to-Providers, Patient Refunds) (FSAMAKAK)
Keywords
Where Apierion is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Offices2 records
Markets served
Apierion business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Healthcare Payment Processing: Transaction-based revenue from processing healthcare payments through the Apierion network. Reduces healthcare transaction costs by up to 50% while increasing payment completion rates.
- Enterprise B2B Solutions: B2B enterprise solution set for healthcare systems, payers, and providers including credentialing apps, data vaults, and interoperability platforms.
- MEDspedia Consumer Portal: Consumer-facing patient payment portal enabling individuals to pay medical bills, with revenue derived from transaction processing fees.
- Digital Medical Twin Subscriptions: Subscription-based access to Digital Medical Twin services for patients, providers, and organizations with dynamic NFT-based health credentials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Enterprise healthcare payment network pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Apierion product offering
Product offeringCore offering
Apierion builds a blockchain-based healthcare payment network (the Apierion Network) and a Digital Medical Twin (DMT) identity platform that together enable multi-party medical payments, HIPAA-compliant data exchange, portable health credentials (NFT-based), and cross-border care coordination. The company serves healthcare providers, payers, patients, government health ministries, and veterinary networks through enterprise deployments and the MEDspedia consumer payment portal.
Product overview
Apierion offers a unified healthcare technology platform combining blockchain infrastructure, AI analytics, and payment processing. The core Apierion Network provides secure, permission-based healthcare data access and multi-party payment capabilities, while MEDspedia serves as the consumer-facing payment portal. The Digital Medical Twin (DMT) suite extends the platform with specialized modules: ProDT for healthcare professional credentialing, MyDT for patient health records, and OrgDT for organizational verification. PetDT adapts the DMT technology for veterinary applications. The Truce Compliance Index adds AI-powered anti-doping tracking capabilities. The platform accepts traditional payments, stablecoins, and cryptocurrency.
Differentiator
Problem solved
Functional benefit
Brands
- MEDspedia: Patient payment portal enabling patients to pay all medical bills in one convenient location, HIPAA compliant
- PetDT
- ProDT
- MyDT
- OrgDT
- Apinions
Products and services
- Apierion Network Foundational blockchain-based healthcare payment network enabling secure, permission-based access to sensitive health data, combining immutable auditability with AI-driven insights for multi-party medical payments and HIPAA-compliant data exchange. Designed for healthcare providers, payers, patients, and government health ministries.
- MEDspedia Patient-centric medical payment portal enabling individuals to pay all medical bills from multiple providers in one convenient location. HIPAA-compliant platform supporting traditional payments and cryptocurrency.
- Digital Medical Twin (DMT) Suite of blockchain-based digital identity and data management solutions for healthcare comprising ProDT for healthcare professionals, MyDT for patients, and OrgDT for organizations, enabling secure, interoperable health records and credentialing.
- Digital Medical Twin for Pets (PetDT) Veterinary extension of DMT technology providing standardized, secure healthcare data management for household pets and working animals; consolidates medical records, lab results, imaging, and travel documentation into a portable, permissioned platform.
- Truce Compliance Index Blockchain-based platform powered by AI analytics for tracking anti-doping compliance data, recording verified testing events, Therapeutic Use Exemptions, and biomarker trends while preserving athlete privacy.
Quantifiable outcome
- Up to 50% reduction in healthcare transaction costs
- +3 more outcomes
Companies that use Apierion
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Apierion technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
Apierion partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship, core and minor.
- The Truce FoundationflagshipPartnership to protect Olympians and the integrity of the Olympic Games through the Truce Compliance Index, deploying Apierion's blockchain-based Digital Medical Twin technology to securely track anti-doping compliance data. The platform records verified testing events, Therapeutic Use Exemptions, and biomarker trends while preserving athlete privacy.
- Bermuda Health CouncilcoreLive deployment of Digital Medical Twin healthcare credentialing application in Bermuda following successful proof-of-concept. Aims to reduce cost of care, improve patient data interoperability, and enhance cross-border care capabilities.
- Government of Maharashtra, IndiaflagshipPartnership to create 100 million NFTs on the Algorand blockchain for storing personal health data. First deployment of NFT technology for this purpose, enabling secure, decentralized storage of health records for millions of citizens.
- AlgorandcoreStrategic blockchain partnership using Algorand's blockchain network as the backbone for healthcare payment solutions. Algorand provides ultra-fast, low-latency infrastructure with immediate transaction finality and carbon-negative technology.
- Penn Vet Working Dog CenterminorCollaboration with Penn Vet's Working Dog Center to bring Digital Medical Twin technology to veterinary care for working dogs including FEMA rescue animals and service dogs.
- Corporate ConciergeminorPartnership with global relocation service handling high-profile international moves to provide PetDT technology for pet travel documentation and border clearance.
- Dr. Sabine KapasiminorUN Health Policy and Governance Strategy lead providing clinical perspective and public health policy expertise for the India NFT health records partnership.
- Rwanda GovernmentminorExploratory discussions on how Apierion's technology could integrate with Rwanda's planned digital ID system to enhance healthcare data management and cross-border payments.
- Panama GovernmentminorAdvancing discussions for global healthcare payments in Panama with Ministry of Health and Trade representatives.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Apierion competitors and assessment
Company assessmentDirect peers
- Solve.Care: Blockchain-based healthcare platform offering decentralized healthcare payments, care coordination, and benefit administration. Closely comparable to Apierion's healthcare payment rails and digital identity focus, both targeting payers, providers, and patients with on-chain infrastructure.
- Avaneer Health: Healthcare blockchain network founded by major payers (CVS Health/Aetna, Anthem, HCSC) to streamline provider-payer administrative workflows. Comparable to Apierion Network's payer-provider transaction focus, with significantly deeper institutional backing.
- Patientory: Blockchain-powered population health data exchange and secure health information network. Directly comparable to Apierion's Digital Medical Twin suite, with shared emphasis on patient-owned records and permissioned access to health data.
- Embleema: Patient-controlled health data exchange using blockchain, with consent management and data monetization for clinical research. Comparable to Apierion's permissioned DMT architecture and bi-directional data/payment messaging.
- Medicalchain: Blockchain-based electronic health record platform enabling patients to control access to their medical data. Overlaps with Apierion's MyDT patient-centric digital identity product and HIPAA-compliant data exchange positioning.
- Equideum Health (formerly Hashed Health): Healthcare enterprise blockchain company building decentralized identity, data exchange, and credentialing infrastructure. Directly comparable to Apierion's DMT (ProDT/MyDT/OrgDT) credentialing and identity stack.
Broad incumbents
- Waystar: Established healthcare payments technology platform serving over 1 million providers with claims management, patient payments, and eligibility. Closest broad incumbent to Apierion's healthcare transaction-fee model, with much greater scale and legacy integrations.
- R3: Enterprise blockchain and digital ledger infrastructure provider with healthcare-specific Corda applications for payer-provider workflows. Provides the underlying DLT category in which Apierion competes, serving a similar regulated-industry customer base.
- Cedar: Patient financial engagement platform powering billing, payments, and pre-visit workflows for major US health systems. Comparable to Apierion's MEDspedia consumer-facing payment portal but as a broader, well-funded incumbent without blockchain infrastructure.
Emerging players
- Doc.com: Blockchain-based telemedicine and health data platform offering free basic healthcare services and patient data monetization. Overlaps with Apierion's telehealth payment positioning and blockchain-native health data exchange, though smaller and earlier stage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Apierion social profiles
Digital presenceApierion financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apierion leadership team
Management profileNumber of profiles
Profiles3 records
Apierion funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apierion M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Apierion
What does Apierion do?
Apierion builds a blockchain-based healthcare payment network (the Apierion Network) and a Digital Medical Twin (DMT) identity platform that together enable multi-party medical payments, HIPAA-compliant data exchange, portable health credentials (NFT-based), and cross-border care coordination. The company serves healthcare providers, payers, patients, government health ministries, and veterinary networks through enterprise deployments and the MEDspedia consumer payment portal.
Is Apierion a public or private company?
Apierion is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Apierion founded?
Apierion was founded in 2016. It employs 1 to 10 people.
Where is Apierion based?
Apierion is headquartered in Hamilton, Bermuda.
How does Apierion make money?
Four revenue lines are on record. Healthcare Payment Processing is the primary driver. The others are enterprise B2B Solutions, MEDspedia Consumer Portal and digital Medical Twin Subscriptions.
Who are Apierion's main competitors?
Direct peers on record are Solve.Care, Avaneer Health, Patientory, Embleema, Medicalchain and Equideum Health (formerly Hashed Health). Broad incumbents are Waystar, R3 and Cedar. Doc.com is listed as an emerging player.
Does Apierion have an API?
No public API is recorded for Apierion.
What industry is Apierion in?
Apierion's product category is Healthcare Payment Technology. Its primary akta.pro industry code is HLACABAD, API Management & Developer Portals for Health Data, with a secondary code of FSAGABAB, Payment Gateways & API Connectivity. Its NAICS code is 518 and its SIC code is 7370.