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Medallion acquires Andros for credentialing expansion

PUBLIC · MFINSep 15, 20261 day ago

Acquiring Company

Medallion

Acquired Company

Andros

San FranciscoNew YorkSoftwareHealth CareArtificial IntelligenceInformation TechnologySoftwareHealth CareData Center

Description

Medallion has acquired Andros to enhance its AI-native credentialing capabilities across nearly 400 healthcare organizations. This acquisition solidifies Medallion's position as the largest AI-native credentialing platform in the country. Andros' existing customers will benefit from Medallion's advanced solutions over time, bringing improved efficiency and accuracy to credentialing processes.

Company Information

Company

Medallion

Location

San Francisco, California, United States

About

Medallion is the first solution for healthcare companies to fully offload their clinician operations—state license management, payor enrollment, credentialing, and more—in one modern management platform. By empowering digital health companies, hospitals, payors, and other organizations to credential, license, and monitor their providers with ease from one modern platform, they eliminate time-consuming and laborious tasks that ultimately increases accessibility of care to millions of patients nationwide. Since inception in 2020, Medallion has saved over 250,000 administrative hours for leading healthcare companies like Ginger, MedExpress, Oak Street Health, and hundreds more, and has raised $85M from leading investors like Sequoia Capital, Spark Capital, Google Ventures, Salesforce Ventures, Elad Gil, and Mario Schlosser.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Andros?

Andros was acquired by Medallion, based in San Francisco. The deal was reported on September 15, 2026. Medallion is the first solution for healthcare companies to fully offload their clinician operations—state license management, payor enrollment, credentialing, and more—in one modern management platform. Medallion is publicly traded (MFIN) and operates in Software.

When did Medallion acquire Andros?

Medallion's acquisition of Andros was reported on September 15, 2026. Medallion has acquired Andros to enhance its AI-native credentialing capabilities across nearly 400 healthcare organizations. This acquisition solidifies Medallion's position as the largest AI-native credentialing platform in the country. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Andros do?

Andros is reshaping provider network management for healthcare organizations with a data-driven, integrated approach that delivers high value networks. It is privately held, operating in Information Technology, and is based in New York.

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