Mederva Health

Snapshot

YC-backed virtual behavioral health company (collaborative care model: psychiatric consultant + PCP + behavioral health coach); Medallion prospect — below $50K minimum at current provider count (2 providers / ~3 states); Seth Weidle following up on YC deal terms.

Profile

  • YC company; co-founder explicitly prefers YC-affiliated vendors.
  • Operates under collaborative care model: psychiatric consultant + PCP + behavioral health coach + patient.
  • Mederva Medical is the Type II MPI (PA entity); owned by medical director / CEO (radiologist); signs payer contracts.
  • One Type I MPI provider (psychiatric consultant, licensed in CA, MI, TX) executes services under those contracts.
  • Currently credentialed in California (~5 payers) and Michigan (~5 payers); plan to add ~5 more payers in each state.
  • Expansion roadmap: Texas → North Carolina → Arkansas → Florida.
  • Growth model: currently ~2–3 providers; expects 3 providers in Texas within 6 months (2 Type I, 1 Type II), then balloon to 5–10+ after that.

Operations

  • ~10 payer enrollments active (CA + MI); planning ~10 more across CA + MI + TX expansion.
  • Prior credentialing vendor: unnamed company; managed initial CA + MI kickoff but became unmanageable (email chaos, wet signatures, DocuSign, PDFs scattered across inboxes).
  • CAQH profiles up to date for both current providers; PSV not needed now but will be for third provider.

Key Contacts

Customer — Hamada Z, Head of Legal (hamada@medervahealth.com). Medallion — Seth Weidle, Business Development Representative (seth@medallion.co).

Open Issues & Requests

Operational pain

  • Prior credentialing vendor had no unified portal — all status updates via email, mixed signature methods (DocuSign, PDF, wet sig), no visibility into payer-specific deadlines or document expiration; drove decision to evaluate Medallion.

Decisions & Commitments

  • 2026-04-20 — Seth Weidle: current provider count (2 providers, ~3 states) yields ~$15K estimated spend — below Medallion $50K minimum; deal not viable at current stage. Seth to follow up with manager on YC company deal terms / minimum waiver.
  • 2026-04-20 — Hamada Z: open to revisiting when Mederva reaches ~10 providers; explicitly stated interest in growing with Medallion long-term as a YC company. Wants YC deal clarity before fully closing the door.
  • 2026-04-20 — Seth Weidle: confirmed Medallion does not do contract negotiations (handles enrollment only); Hamada acknowledged this is acceptable at current company scale.
  • 2026-04-20 — Seth Weidle: Medallion does not offer self-serve software — outsourcing only. Hamada noted preference for full outsource now, with possible in-house + software model later.

Source History