Medallion
Newcomer – Startups
OVERVIEW: Founded in 2020, Medallion is tackling healthcare’s $1 trillion annual waste with AI-powered solutions that reduce administrative complexity and streamline provider network management. Its innovative platform automates credentialing, enrollment and compliance workflows, cutting errors and speeding up processes. With a SOC 2-compliant system ensuring data security, Medallion’s AI improves operating speeds by 78% and achieves a 99.9% accuracy rate, delivering measurable efficiency gains.
IMPACT ACHIEVED: The platform has achieved remarkable client results: Tampa General Hospital realized $2.4 million in ROI through improved compliance and reduced fees, while Headspace cut credentialing times by 60%, enabling faster care delivery. Another customer, Family Care Center, reduced enrollment timelines from 90–120 days to just 45–60 days. Customers report a 50% reduction in operating costs and a 49.8% overall cost savings, further solidifying Medallion’s value.
DISTINCTIVE EDGE: Recognized as one of Forbes’ “Next Billion Dollar Startups” in 2023 and earning a top-five spot on LinkedIn’s 2024 Top Startups, Medallion’s rapid growth is supported by $85 million in funding from leading investors. With scalability at its core, Medallion’s innovative solutions transform provider operations, boosting revenue and enabling faster care delivery across healthcare organizations of all sizes."