AgeTak is a software technology company that builds informatics solutions for healthcare and financial markets. AgeTak's solutions simplify combining enterprise data assets, maintaining identifiable-information privacy, and creating legal proof-of-compliance.
Our customers, UnitedHealth for example, own significant high-value data assets, such as claims and healthcare information for millions of payers and patients collected over decades. Our technology enables combining of these data assets across the enterprise as a single data asset while maintaing PHI privacy. This is accomplished through virtual federation, schema mapping and on-the-fly data-masking -- all without any coding. Our technology has been vetted extensively by UnitedHealth for the past three years and evaluated as a leader in data-masking by PricewaterhouseCoopers.
With an innovation award winning healthcare benefits costs trend analysis application, we have helped UnitedHealth capitalize on its existing information resources to build a comparative cost analyzing solution with first year revenues valued at $6-12M. With a $16M federally funded healthcare claims database project, we are helping Centers for Medicare and Medicaid Services and UnitedHealth connect healthcare data residing in multiple partner's and government agencies into a virtual data warehouse while ensuring PHI privacy for conducting comparative research designed to improve human health.
AgeTak was co-founded in 2004 in Minnesota by Rakesh Verma, who is an IIT graduate with 30+ years of experience in the database techology field, and Pratik Verma, who is a Stanford University Ph.D. with experience in cheminformatics and bioinformatics technologies. We have a strong support and R&D teams with offices in Minnesota, California and India.