Medallion Ranks No. 3 on 2024 Inc. Magazine’s List of Pacific Region’s Fastest-Growing Private Companies
Companies on the 2024 Inc. 5000 Regionals: Pacific list had an average growth rate of 162.77 percent.
San Francisco, CA (February 27, 2024) — Inc. magazine today revealed that Medallion, the leader in end-to-end credentialing and provider network management solutions, is No. 3 on its fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy’s most dynamic segment–its independent small businesses.
“Ranking third on the Inc 5000 Pacific list is a huge accomplishment for Medallion, and it’s an honor to be recognized alongside these amazing companies transforming their respective industries across the Pacific region,” said Derek Lo, Founder and CEO of Medallion. “Our mission is to free healthcare teams to focus on what matters, and it’s because of the work we do and the customers who partner with us that this recognition is even possible. Our growth over the past year is a testament to our focus on building leading end-to-end credentialing and enrollment solutions that make it easier, less expensive, and faster for healthcare organizations to provide quality, affordable, and accessible care to patients nationwide.”
The companies on this list show a remarkable rate of growth across all industries in the Pacific region. Between 2020 and 2022, these 170 private companies had an average growth rate of 162.77 percent. By 2023, they’d also added 10,689 jobs and $5.5 billion to the region’s economy.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.
Medallion unites provider operations and automates end-to-end credentialing, enrollment, and monitoring workflows. Through AI-powered technology, Medallion enables operations teams to better manage their provider networks, deliver superior care, speed up revenue paths, and elevate provider satisfaction. To learn more about Medallion, visit https://medallion.co.
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About Medallion
Medallion is the leading provider network management platform that unites provider operations and empowers end-to-end automation workflows for credentialing, enrollment, and monitoring. We free healthcare teams to focus on what matters by enabling healthcare organizations to quickly and accurately manage and grow their provider networks with our AI-powered automation technology. By automating burdensome administration workflows, we enable operations teams to better manage their provider networks, deliver superior care, speed up revenue paths, and elevate provider satisfaction levels. To learn more about Medallion, visit medallion.co.
Media Contact:pr@medallion.co
More about Inc.and the Inc. 5000 Regionals
Methodology
The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visitwww.inc.com.