Kalderos

Kalderos is a healthcare technology company that built what it describes as the first platform for Drug Discount Management, aimed at detecting, disputing and preventing noncompliant drug discounts across the U.S. drug discount ecosystem. The platform aggregates drug discount data in the cloud and applies AI and machine learning to identify claims that may involve misapplied discounts, particularly duplicate discounts between the 340B program and Medicaid.

The company organizes its offering into three product suites. For drug manufacturers it provides MDRP Discount Monitoring (identifying and disputing noncompliant Medicaid discounts), Commercial Discount Monitoring (transparency around commercial rebates) and Truzo (prevention of noncompliant discounts). For covered entities it provides Discount Hub, which digitizes the 340B good faith inquiry process and enables direct communication with manufacturers and states. For state Medicaid agencies it provides state dispute reports so states can work with multiple manufacturers on disputes and address data integrity issues. The company also publishes commentary on regulatory topics such as the Inflation Reduction Act's Maximum Fair Price and 340B.

Business model

Kalderos sells software to participants in the drug discount ecosystem, with distinct product suites for drug manufacturers, covered entities (such as 340B program coordinators and community health centers) and state Medicaid payers, delivered as a cloud platform with sales and customer support functions.

Traction

The company reports more than 4,250 covered entities on its platform, more than 850,000 claims reviewed across Medicaid and commercial channels, more than $1 billion in noncompliance identified, and covered entity responses to inquiries originating from all 50 U.S. states.

Latest developments

Kalderos announced on its website that it has been acquired by Model N and is now part of that company, which provides end-to-end commercialization, optimization and compliance software for life sciences companies. The company continued to list open engineering and data roles, including senior data engineer, senior software engineer and manager of data engineering.