Medallion

Medallion

Medallion - Medical licensing made simple.

HQ location
San Francisco, United States
Launch date
Enterprise value
$172—258m
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$43.0m

Late VC
Total Funding000k
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Medallion.co is a tech startup that operates in the healthcare sector, providing a unified platform for healthcare provider credentialing, enrollment, and monitoring. The company's primary clients are healthcare organizations and providers, who use the platform to streamline their administrative tasks and reduce risk. Medallion's business model is based on a software-as-a-service (SaaS) model, where clients pay a subscription fee to access the platform.

The platform is designed to significantly reduce task time and verification times, with the company claiming a 71% reduction in task time and a 50% reduction in verification times. This efficiency has resulted in over 500,000 hours of administrative work saved, and the completion of over 94,000 credentials, enrollments, and licenses.

Medallion's platform also offers the potential for revenue growth for its clients. By simplifying and unifying provider operations, healthcare organizations can convert more applications into revenue opportunities. The platform is also designed to be intuitive and easy to use, reducing the need for providers to seek help and increasing retention.

In summary, Medallion.co is a SaaS startup that provides a unified platform for healthcare provider credentialing, enrollment, and monitoring, serving healthcare organizations and providers. The platform is designed to streamline administrative tasks, reduce risk, and increase revenue opportunities.

Keywords: Healthcare, Credentialing, Enrollment, Monitoring, SaaS, Administrative Efficiency, Risk Reduction, Revenue Growth, Provider Operations, Client Retention.

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