Medallion has acquired Andros, an NCQA-certified credentials verification organization, in a move that reshapes the healthcare credentialing landscape. The announcement was issued from San Francisco on September 15, 2026, and positions Medallion as the largest AI-native credentialing platform in the United States. The acquisition brings more than one million providers across nearly 400 healthcare organizations and health plans onto a single credentialing system.
Differentiated AI and Expert Oversight
Medallion describes itself as the only AI-assisted credentialing and enrollment platform with expert oversight, a distinction that blends technology with human review. This combination is intended to support accuracy and compliance across complex administrative workflows. The acquisition builds on that foundation by adding Andros certification, provider relationships, and industry experience to the platform.
A Credentialing Legacy Since 2013
Andros has credentialed providers for health plans, health systems, provider groups, and telehealth companies since 2013. Over the past 13 years, the organization has developed trusted relationships with many of the top health plans in the country. Medallion stated that Andros has already achieved significant success and will now be strengthened by Medallion's AI-native credentialing solution.
New Capabilities for Andros Customers
Andros customers will gain access to Medallion's platform over time, including automated primary source collection and AI agents that handle provider outreach and follow-up. Real-time status tracking and credentialing specialists embedded alongside automation are also part of the offering. These capabilities are designed to make credentialing faster and more accurate for organizations that historically accepted the status quo.
Unified Provider Data Management
The transaction advances Medallion's strategy to bring credentialing, enrollment, licensing, and provider data management onto one unified system. This strategic direction targets organizations of all sizes and sectors that rely on accurate provider data. The goal is to create a single source of truth for provider information across healthcare administration.
Serving a Broader Healthcare Client Base
Medallion will continue to serve health plans, health systems, provider groups, digital health companies, and telehealth organizations spanning credentialing, payer enrollment, licensing, and provider data management. The unified platform is designed to serve every organization that touches a provider record. This scope reflects the company's goal to reduce fragmented data and manual effort across healthcare administration.
Leadership Perspectives
Derek Lo, founder and CEO of Medallion, noted that Andros has developed strong and trusted relationships with many of the nation's top health plans over the past 13 years. He said the success Andros has already achieved will only be strengthened by Medallion's AI-native credentialing solution. Jake Hirschfeld, Vice President of Sales at Andros, added that customers have pushed the company to make credentialing faster and more accurate, and joining Medallion enables the next chapter of meaningful work.
Advisory Role and Transaction Terms
Bailey and Company served as the exclusive financial advisor to Andros for the transaction, according to the announcement. The companies stated that no financial terms of the acquisition were disclosed. This approach keeps the specific valuation and deal structure confidential while confirming the strategic nature of the combination, and no purchase price was made public.
By acquiring Andros, Medallion strengthens its ability to serve a wider network of healthcare organizations with a unified credentialing and enrollment platform. The deal brings scale, technology, and specialist oversight together at a time when provider data accuracy is increasingly critical. Medallion's expanded platform is expected to support more efficient provider workflows and reduce administrative burdens across the healthcare system.