# Ethermed

> Ethermed is a Philadelphia-based health technology company that uses large language models and clinical reasoning to automate prior authorization - the paperwork-heavy approval process between healthcare providers and insurers. Its platform intercepts physician orders, gathers documentation, compares payer guidelines, fills forms and submits requests with an audit trail, cutting approval times from days to minutes. Founded in 2021 by Dan Friedman and Michal Such, the company raised an $8.5M Series A in April 2026, bringing total funding above $15M.

- **Founded:** 2021
- **Headquarters:** Philadelphia, Pennsylvania, United States
- **Founders:** Dan Friedman (CEO and Co-Founder), Michal Such (VP of Engineering and Co-Founder)
- **Team size:** ~31 employees
- **Products:** Ethermed Prior Authorization Platform, Catch / Match / Fill / Send workflow, EHR and payer integrations
- **Notable:** Raised $8.5M Series A in April 2026, bringing total funding above $15M, Reported ~89% of prior authorizations running fully automated, 69% increase in auto-approvals and 91% of authorizations completed on first submission

## Products & services

- **Ethermed Prior Authorization Platform** — An AI automation platform that intercepts physician orders, analyzes requirements, gathers documentation, compares payer guidelines, populates forms with a full audit trail, and submits authorization requests - without requiring extra apps or portals. Works across medical and pharmacy benefits and all authorization types.
- **Catch / Match / Fill / Send workflow** — The four-step automation pipeline: Catch intercepts and analyzes orders; Match gathers documentation and compares payer guidelines; Fill populates forms with complete audit trails; Send submits the authorization request.
- **EHR and payer integrations** — Native integrations with Epic, Cerner, athenahealth (athenaOne), eClinicalWorks, iKnowMed and TopDoc, plus payer infrastructure. HIPAA compliant and HL7 FHIR interoperable.

## Achievements

- Raised $8.5M Series A in April 2026, bringing total funding above $15M
- Reported ~89% of prior authorizations running fully automated
- 69% increase in auto-approvals and 91% of authorizations completed on first submission
- 50% decrease in turnaround time and 38% reduction in manual processing
- Live integrations with major EHRs including Epic, Cerner and athenahealth
- Attracted Karenann Terrell (former Walmart CIO) as a board member via Blue Marlin Partners

## Latest updates

- **2026-04** — Closed $8.5M Series A co-led by Enfield Capital Partners and Blue Marlin Partners to scale its enterprise platform and health-system network.
- **2026-05** — Series A featured in Healthcare IT Today alongside other digital-health raises, highlighting Ethermed's prior-authorization automation.

## Links

- Website: https://ethermed.ai
- LinkedIn: https://www.linkedin.com/company/ethermed-ai

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Profile page: https://yespress.io/ethermed
Published by YesPress — https://yespress.io
Last updated: 2026-07-21