MedoSync

Real-time medical billing software connecting healthcare providers and insurers

Claims Technology Startup Series A

Overview

MedoSync is a healthcare claims technology platform for hospitals and health insurance payers, focused on streamlining medical billing and reducing payment cycle times. The company was founded in Dublin in 2019 by emergency medicine consultant Dr. Martin Rochford and technology entrepreneur Seamus Cooley, addressing an estimated 9% revenue loss hospitals experience from inefficient billing processes.

The platform integrates hospital clinical systems with insurer payment infrastructure via REST APIs supporting HL7, CSV, XML, and JSON data formats. It provides structured workflows for claim submission, real-time status tracking, patient registration, and pre-authorization. The system holds ISO 27001 and ISO 27701 certifications and is GDPR compliant, positioning it for the regulated healthcare market in Ireland, the UK, and broader Europe.

MedoSync has processed more than 100,000 claims valued over EUR 20M, with over 1,000 healthcare providers on the platform. The company raised EUR 1.2M in a 2021 Series A from Enterprise Ireland and a private investor syndicate, followed by an additional approximately EUR 1.1M in 2023 to support expansion into the German healthcare market through the GKV Impulse Accelerator programme.

Products & Services

Navigator

Claims management solution for healthcare providers enabling end-to-end claim submission and tracking through insurance payers.

Key Features

Structured claim submission workflows
Real-time claim status visibility
Clinical system integration via HL7 and standard data formats
Integration with insurer payment systems

Target Users: Hospital billing departments, healthcare administrators

Flow

Workflow automation tool for reducing manual processing steps and accelerating claims movement between providers and payers.

Key Features

Automated claims routing and processing
Configurable workflow rules
Reduction in manual intervention points

Target Users: Healthcare operations teams

Access

Patient registration and data entry module providing the frontend interface for capturing and validating patient information prior to billing.

Key Features

Patient data capture and validation
Insurance eligibility checks
Pre-authorization initiation

Target Users: Front-desk and admissions staff

Navigator for Consultants

Specialized claims management variant tailored to consulting operations and external advisors working within healthcare systems.

Key Features

Consultant-specific billing workflows
Integration with clinical and insurer systems
Tracking for consultant-generated claims

Target Users: Medical consultants, specialist practices

At a Glance

Founded: 2019
Headquarters: Dublin, Ireland
Employees: 11-50
Funding: Series A

Category & Focus

Category: Claims Technology
Subcategories: Medical Billing Claims Submission Pre-Authorization Revenue Cycle Management
Insurance Verticals: Health
Target Customers: Carriers, TPAs