payer-provider
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Daniel Friedman
Daniel Friedman is the CEO and cofounder of Ethermed, a Philadelphia-based health technology company that uses AI and clinical reasoning to automate prior authorization for payers and providers. He founded the company in 2021 with engineer Michal Such after concluding that administrative friction in healthcare was a solvable software problem rather than a permanent cost of doing business. Under his leadership Ethermed raised an $8.5M Series A in 2026 (over $15M total), signed nine health-system customers, and now processes millions of authorizations a year, most of them fully automated in seconds.
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.