MedSource National
MedSource National is a privately held U.S. provider of independent medical examinations, peer reviews, expert witness services, diagnostic reviews, and medical bill reviews, delivered through a national panel of 15,000+ credentialed physicians and a proprietary cloud platform, imebase.com. It serves insurance carriers, employers, TPAs, and law firms across all 50 states.
- Company typePrivate
- Founded2004
- HeadquartersGarden City, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What MedSource National does
MedSource National is a privately held LLC that provides independent medical examinations (IMEs) and related medical evaluative services to insurance carriers, employers, third-party administrators (TPAs), and law firms across the United States. The company's core offering is access to a curated national panel of more than 15,000 credentialed, board-certified physicians and allied health professionals, organized around five service lines: independent medical examinations, medical peer and record review, expert witness evaluation, diagnostic review (imaging second opinions), and medical bill review/fee audits. The firm positions itself as an unbiased intermediary that delivers evidence-based, state-specific medical assessments used to adjudicate claims, support litigation, and manage workers' compensation and disability cases.
The company's technology backbone is imebase.com, a wholly owned, cloud-based web application that handles case creation, scheduling, status tracking, and report delivery in a paperless claims environment. The platform is described as the insurance industry's only off-the-shelf cloud-based IME management software, is accessible via any modern browser without installation, and operates under a SOC 2 Type II certification covering security, availability, processing integrity, confidentiality, and privacy of claims data. Quality assurance is performed on 100% of files, with pre-examination preparation that organizes only relevant medical records for specialist review.
MedSource National monetizes through B2B professional-services fees billed per examination, per review, per expert engagement, and through transaction-fee revenue from medical bill review. Pricing is quote-based, contractually negotiated, and not publicly disclosed. Distribution is direct enterprise sales supported by a 800 number, dedicated client service representatives, and a self-serve client portal. The company was founded in the early-to-mid 2000s (firmographic records cite 1993; the company-history block cites 2004) and is led by founders Andrew Weaderhorn (CEO) and Tony Riccardi (Chief Visionary Officer); it operates from Syosset, New York, and serves all 50 U.S. states.
MedSource National firmographics
Firmographics- Name
- MedSource National
- Legal name
- MedSource National, LLC
- Website
- https://medsourcenational.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MedSource National is a privately held U.S. provider of independent medical examinations, peer reviews, expert witness services, diagnostic reviews, and medical bill reviews, delivered through a national panel of 15,000+ credentialed physicians and a proprietary cloud platform, imebase.com. It serves insurance carriers, employers, TPAs, and law firms across all 50 states.
- Ownership category
- akta.pro rank
MedSource National industry classification
Industry- Product category
- Independent Medical Examination (IME) Services
- NAICS
- Offices of Physicians (62111), Ambulatory Health Care Services (621)
- SIC
- Services-Misc Health & Allied Services, Nec (8090)
- akta.pro primary industry
- Clinical Operations & Monitoring FSP (CRA/CTM/Start-up) (HLAGAOAA)
Keywords
Where MedSource National is headquartered
LocationHeadquarters
- HQ city
- Garden City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MedSource National business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Independent Medical Examination (IME) Services: Core revenue stream providing access to a national network of 15,000+ credentialed independent medical examiners for examinations across all medical specialties. Revenue is generated through service fees for examinations performed, typically billed to insurance carriers, employers, or TPAs.
- Medical Peer Review & Record Review: Expert second opinions on medical necessity of treatments, procedures, need for additional time off work, and other medical questions. Revenue generated through per-review service fees.
- Expert Witness Services: Provision of highly-credentialed medical expert witnesses for court testimony in litigation cases. Revenue generated through per-engagement fees for expert testimony and related review services.
- Diagnostic Review Services: Second opinions and diagnostic reviews including review of X-rays, MRIs, ultrasounds, CT scans, and nuclear medicine interpretations by credentialed specialists.
- Medical Bill Review & Fee Audits: Review of medical bills to ensure conformity with state fee schedules and usual/customary fees. Identifies duplicate bills, unbundling of services, miscoding, and negotiates lower costs. Revenue generated through percentage of savings identified or per-audit fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise B2B services with customized pricing based on client type and volume |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
MedSource National product offering
Product offeringCore offering
MedSource National is a privately owned provider of Independent Medical Examinations (IMEs) and related medical evaluative services, delivering access to a national network of over 15,000 credentialed, board-certified physicians across all 50 states. The company schedules, tracks, and reports on examinations, peer reviews, expert witness engagements, diagnostic reviews, and medical bill audits through its proprietary cloud-based imebase.com platform, primarily serving insurance carriers, employers, TPAs, and law firms.
Product overview
MedSource National is a privately owned medical examination and review services company operating a portfolio of services centered around its proprietary web-based platform (imebase.com). The core offerings include Independent Medical Examinations (IME), Medical Peer Review & Record Review, Expert Witness Evaluation/Review, Diagnostic Review, and Medical Bill Review & Fee Audits—all delivered through a national network of over 15,000 credentialed physicians. These services are interconnected through imebase.com, which provides a unified paperless claims environment for scheduling, tracking, and report delivery across all service lines.
Differentiator
Problem solved
Functional benefit
Brands
- imebase.com: A proprietary, cloud-based web application designed to create, track, and complete independent medical examinations, medical peer reviews, and other medical evaluative services.
Products and services
- Independent Medical Examination (IME)
Companies that use MedSource National
Customer profileSegments5 records
Ideal customer profiles4 records
MedSource National technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
MedSource National partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
MedSource National competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
MedSource National social profiles
Digital presenceMedSource National compliance and trust
Trust signalCompliance1 record
MedSource National financial estimates
Financial estimateRevenue estimate
Valuation estimate
MedSource National leadership team
Management profileNumber of profiles
Profiles2 records
MedSource National funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MedSource National M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MedSource National
What does MedSource National do?
MedSource National is a privately owned provider of Independent Medical Examinations (IMEs) and related medical evaluative services, delivering access to a national network of over 15,000 credentialed, board-certified physicians across all 50 states. The company schedules, tracks, and reports on examinations, peer reviews, expert witness engagements, diagnostic reviews, and medical bill audits through its proprietary cloud-based imebase.com platform, primarily serving insurance carriers, employers, TPAs, and law firms.
Is MedSource National a public or private company?
MedSource National is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MedSource National founded?
MedSource National was founded in 2004. It employs 51 to 100 people.
Where is MedSource National based?
MedSource National is headquartered in Garden City, United States, in the North America region.
How does MedSource National make money?
Five revenue lines are on record. Independent Medical Examination (IME) Services are the primary driver. The others are medical Peer Review & Record Review, expert Witness Services, diagnostic Review Services and medical Bill Review & Fee Audits.
Does MedSource National have an API?
No public API is recorded for MedSource National.
What industry is MedSource National in?
MedSource National's product category is Independent Medical Examination (IME) Services. Its primary akta.pro industry code is HLAGAOAA, Clinical Operations & Monitoring FSP (CRA/CTM/Start-up). Its NAICS code is 62111 and its SIC code is 8090.