Paul Ketchel

Paul Ketchel is the Chief Executive Officer and co-founder of MDsave Inc., a pioneering healthcare e-commerce platform that connects patients with medical providers offering transparent pricing for medical services. Founded in 2011 and officially launched in 2013, MDsave aims to simplify healthcare access by enabling patients to compare prices and purchase medical procedures upfront, avoiding surprise billing and out-of-pocket costs associated with traditional insurance models.123

Background and Career

Before establishing MDsave, Ketchel held significant roles in the healthcare sector, including serving as the Chief Operating Officer at Diagnostics Network Alliance and as a director at American Capitol Group. His experience in these positions helped shape his vision for MDsave as a solution to the complexities of healthcare pricing and access.14

MDsave's Impact

Under Ketchel's leadership, MDsave has grown to become a leading online marketplace for medical services, facilitating thousands of transactions monthly. The platform offers bundled pricing that includes all associated costs for procedures, thereby providing significant savings—often between 40% to 60% compared to traditional insurance rates.156 In 2023, MDsave was acquired by Tendo for $150 million, further enhancing its capabilities in the healthcare marketplace.6

Vision and Philosophy

Ketchel is driven by a commitment to improving patient experience and access to affordable healthcare. He emphasizes the importance of transparency in medical pricing, stating that MDsave is designed to empower patients by providing clear information about costs before they receive care.34 His entrepreneurial spirit is evident in his approach to integrating e-commerce strategies into the healthcare sector, likening MDsave to platforms like Expedia but for medical services.4

In summary, Paul Ketchel's leadership at MDsave reflects his dedication to transforming healthcare access through innovation and transparency, aiming to make quality medical care more affordable and accessible for all patients.