The startup provides evidence-based healthcare services that enable independent allergy practices to deliver affordable care to patients. By reducing the costs of medical supplies and medications, the company enhances medication adherence and improves health outcomes for those in need.
Funding
$510K raised to dateRaised 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.
Founders
Product
Problem
Independent allergy practices face challenges in delivering affordable care due to high costs of medical supplies and medications, particularly biologics. Inefficient billing processes, lack of access to group purchasing power, and limited operational support further strain their ability to provide cost-effective treatment.
Solution
MedicoCX offers a suite of services designed to help independent allergy and immunology practices reduce costs and improve operational efficiency. The company leverages collective buying power to negotiate discounts and rebates on biologics and extracts, while also providing expert billing services to ensure efficient and compliant claims processing. MedicoCX offers access to a community network of physicians and clinical staff, promoting collaboration and knowledge sharing. Their management services include prior authorization support, claims denial review, and assistance with copay programs.
Target Audience
The primary target audience includes independent allergy and immunology practices seeking to reduce costs, improve operational efficiency, and enhance patient care.
Features
- Discounts and rebates on biologics and extracts through group purchasing.
- Expert billing services, including claims review, submission, follow-up, and appeals.
- Access to a community network of physicians and clinical staff for collaboration and knowledge sharing.
- Management services, including prior authorization support, claims denial review, and copay program assistance.
- Contract biologic coordinator services for therapy enrollment, benefit investigations, and prior authorizations.
- Bi-weekly biologics coordinator discussion groups and physician education e-meetings.
- Assistance with setting up EDI/ACH or EFT for copay programs.
- Quarterly fee schedule support.