FirstLayerAI, Inc.
Healthcare
Medallion provides a comprehensive platform for healthcare organizations, streamlining provider credentialing, enrollment, and data management. Their solutions enhance efficiency by automating processes, ensuring compliance, and reducing administrative tasks. Medallion serves provider groups, health systems, and digital health companies, offering tools for provider data management, credentialing, licensure, and payer enrollment.
Founded: 2020
Derek Lo Founder and Chief Executive Officer |
Eric Johnston Head of Finance & Partnerships |
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Medallion announced the launch of ‘Medallion for Salesforce | Provider Data Management, Credentialing & Monitoring’ (Medallion for Salesforce) to automate and accelerate how providers are onboarded and credentialed at healthcare organizations of all sizes.
Ernst & Young LLP (EY US) announced that Derek Lo CEO and founder of Medallion was named an Entrepreneur Of The Year® 2023 Bay Area Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.
Medallion announced $35 million in Series C funding, raising its total funding to $85M. This investment comes on the heels of exceptional growth in the six months following its Series B round, including nearly doubling its employee count to 150, growing its revenue by 2x, and diversifying its customer base by doubling the number of health plans, providers and health systems.