CEO
Profile summary: Autodesk founder
Chronicled
9/10Traction
MediLedger provides a blockchain-based platform for pharmaceutical manufacturers, wholesalers, GPOs, and health systems to streamline contract management and automate chargeback reconciliation. The platform ensures real-time alignment of pricing, contracts, and GPO roster data to prevent revenue leakage and reduce billing errors. Its modules include Customer Master IQ for automated customer data synchronization)Skip
- Blockchain & Cryptocurrency
- Software Only
- Enterprise Software
- Healthcare Technology
- Logistics & Supply Chain
Updated 29 days ago
Funding
Raised to date
$36.3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
CoFounder & Board Member & CEO
Profile summary: Stanford Assoc. Consulting Prof.
Co-Founder & CEO
Profile summary: Genentech VP Supply Chain
Co-Founder of MediLedger
Profile summary: Genentech Project Manager
CTO & Co-Founder
Profile summary: InvestCloud Private Banking CTO
David Aho
Board Member & Co-Founder
Profile summary: Chronicled • Board Member & Co-Founder
Product
Problem
The pharmaceutical supply chain suffers from contract management inefficiencies and inaccurate chargeback processing, leading to revenue loss and operational overhead for manufacturers, wholesalers, group purchasing organizations (GPOs), and health systems. Discrepancies in pricing data, contract terms, and GPO rosters contribute to billing errors, delayed payments, and strained relationships between trading partners.
Solution
MediLedger offers a blockchain-based platform designed to streamline contract management and automate chargeback reconciliation within the life sciences industry. The platform provides a single source of truth for pricing, contracts, and GPO roster data, ensuring all stakeholders have access to real-time, accurate information. By automating the validation and reconciliation of chargebacks, MediLedger reduces errors, accelerates payment cycles, and improves gross-to-net (GTN) revenue. The solution fosters greater transparency and trust among manufacturers, wholesalers, GPOs, and health systems, leading to improved operational efficiency and stronger trading partner relationships.
Target Audience
The primary target audience includes pharmaceutical manufacturers, wholesalers, group purchasing organizations (GPOs), and health systems seeking to improve contract management and chargeback processing efficiency.
Features
- Blockchain-based platform ensuring data immutability and transparency across the supply chain
- Customer Master IQ module that automates customer master clean-up and daily maintenance using HIN, DEA, and 340B identifiers, syncing continuously with GPO rosters and business rules
- Contract Communication module that replaces EDI and email with instant, validated contract pricing updates to distributors, enabling contract research in seconds
- Chargeback Claims module that ensures accurate chargebacks against aligned contracts, enables credit memo submission to distributors, and provides visibility into claims data for all trading partners
- Real-time updates to contract terms, pricing, and GPO roster information
- Automated chargeback validation and reconciliation processes
- Secure data sharing and access controls for authorized stakeholders
- Integration with existing ERP and revenue management systems