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Medallion

www.medallion.co link_icon

Company Research Report: Medallion



Company Overview



  • Name: Medallion

  • Mission: Medallion aims to free healthcare teams to focus on core patient care by simplifying and modernizing the provider operations, making it faster, easier, and less expensive to manage a provider network.

  • Founder and Year: Founded by Derek Lo.

  • Key People:

  • Derek Lo, Founder and CEO

  • Andrew Reed, Board Member

  • Natalie Sandman, Board Member

  • George Pantazopoulos, Board Observer

  • Headquarters: San Francisco, California

  • Number of Employees: Over 250 team members

  • Revenue: No information is available

  • Industry Recognition:

  • Ranked 3rd on the 2024 Inc. Magazine’s List of Pacific Region’s Fastest-Growing Private Companies

  • 5th on the 2024 LinkedIn™ Top Startups List in the United States


Products



Medallion Core


  • Primary Focus: Unified provider data management

  • Key Features:

  • Provider data integration

  • Centralized expirable tracking

  • Self-service privileging


Credentialing


  • Primary Focus: NCQA-compliant credentialing

  • Key Features:

  • Fast, error-free credentialing

  • Management of primary source verifications

  • Automated credentialing committee workflows


Payer Enrollment


  • Primary Focus: Streamlined payer enrollment

  • Key Features:

  • Automation of enrollment process

  • Real-time updates and notifications

  • Simplified enrollment request management


Licensure


  • Primary Focus: Cross-state licensing and renewals

  • Key Features:

  • Automated license request and renewal processes

  • Customized renewal tracking

  • Compliance with over 30 states’ requirements


Monitoring


  • Primary Focus: Ongoing provider data monitoring

  • Key Features:

  • Automated compliance risk monitoring

  • Continuous database checks (e.g., SAM, OIG, NPDB)


Recent Developments



  • Achievements:

  • Launched a one-day credentialing solution to expedite the credentialing process.

  • Achieved significant recognition, being ranked 3rd on Inc. Magazine’s Pacific Region’s Fastest-Growing Private Companies list and 5th on LinkedIn’s Top Startups List in the US.

  • New Products & Features:

  • Implementation of automated primary source verifications and committee management.

  • Introduction of a direct CAQH integration that expedites provider profile setup.

  • Partnerships: No specific new partnerships reported, but testimonials indicate strong collaborations with healthcare organizations like Equip Health and Tampa General Hospital.


This report collates the core data about Medallion's structure, offerings, and growth trajectory, providing a comprehensive overview for stakeholders and market researchers.