Med-IQ
Med-IQ is a US-based, Baltimore-headquartered accredited CME/CE provider that develops continuing medical education, risk management training, and patient education programs for hospitals, clinical teams, and healthcare professionals, operating as a wholly-owned subsidiary of Coverys.
- Company typePrivate
- Founded2002
- HeadquartersBaltimore, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Med-IQ does
Med-IQ, Inc. is a US-based, privately held healthcare education company headquartered in Baltimore, Maryland, that develops and delivers accredited continuing medical education (CME) and continuing education (CE) programs to physicians, nurses, and other healthcare professionals. Founded in 2002 and operating as a wholly-owned subsidiary of Medical Professional Mutual Insurance Company (Coverys), Med-IQ combines three core product lines: complimentary, disease-specific CME/CE courses delivered through its clinical.med-iq.com portal; assigned risk management and patient safety education delivered to specific healthcare organizations via med-iq.net; and patient and consumer education resources. Supporting these are content resources including the Our Voice blog, the Med-IQ Minute short-form video series, and specialty therapeutic content such as the Oncology Education Series covering HER2-targeted NSCLC treatment.
The underlying delivery platform consists of web-based course catalogs, an organization-assignment portal for enterprise clients, and a multi-channel content distribution footprint (blog, email newsletter, and four social media channels). Courseware is developed internally by an education design and content team and in collaboration with clinical experts in patient care, advocacy, risk management, and patient safety. The product portfolio is positioned as a unified platform combining assessments, analytics, and education to improve diagnostic accuracy, reduce clinical risk, and advance patient safety.
Med-IQ's business model is multi-stream and grant-funded. Revenue derives from B2B contracts with hospitals and health systems for assigned risk management and clinical education, educational grants from pharmaceutical companies (Daiichi Sankyo is a named oncology education funder), and the implicit strategic-financial backing of Coverys, whose insured healthcare organizations form a captive enterprise customer base. Individual CME/CE courses are offered at no charge to healthcare providers. The company has not raised independent venture or private equity capital, has no public listing, and operates exclusively in the United States.
Med-IQ firmographics
Firmographics- Name
- Med-IQ
- Legal name
- Med-IQ, Inc.
- Website
- https://med-iq.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Med-IQ is a US-based, Baltimore-headquartered accredited CME/CE provider that develops continuing medical education, risk management training, and patient education programs for hospitals, clinical teams, and healthcare professionals, operating as a wholly-owned subsidiary of Coverys.
- Ownership category
- akta.pro rank
Med-IQ industry classification
Industry- Product category
- Continuing Medical Education (Healthcare Education Services)
- NAICS
- Educational Support Services (611710)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Healthcare & Clinical Professional Development (CME/CE) (EDAGANAJ)
- akta.pro secondary industries
- Healthcare Clinical Professions (CME/CE for Nurses, Allied Health, Pharmacy) (EDAAALAC), Healthcare & Life Sciences (EDAAAPAA)
Keywords
Where Med-IQ is headquartered
LocationHeadquarters
- HQ city
- Baltimore
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Med-IQ business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Healthcare Organization Education Services: Provides risk management, patient safety, and clinical education services to hospitals and health systems, likely through contracts or educational grants.
- Educational Grants: Receives educational grants from pharmaceutical companies such as Daiichi Sankyo to develop and deliver oncology education content.
- Complimentary CME/CE Courses: Offers free continuing education courses to healthcare providers, funded through grants and organizational partnerships.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Med-IQ product offering
Product offeringCore offering
Med-IQ is an accredited provider of continuing education (CME/CE) for healthcare professionals, delivering clinical, quality improvement, risk management, patient safety, and patient/consumer education programs. It combines assessments, education, and analytics to help clinicians, hospitals, and health systems improve patient outcomes, and operates an enterprise-assigned-course platform for institutional clients.
Product overview
Med-IQ is a healthcare education company that operates as a unified platform combining assessments, analytics, and education to improve healthcare delivery and patient outcomes. The core product portfolio includes Complimentary CME/CE Courses for healthcare professionals to earn continuing education credit, My Assigned Courses for assigned risk management and patient safety education, and Patient and Consumer Education resources. Supporting content resources include the Our Voice Blog and Med-IQ Minute video series featuring case-based clinical education. Med-IQ's services are delivered through strategic collaborations with clinical experts and are designed for hospitals, clinical teams, and patients.
Differentiator
Problem solved
Functional benefit
Products and services
- Complimentary CME/CE Courses
- My Assigned Courses (Enterprise Risk Management & Patient Safety Education)
Quantifiable outcome
- In the US, approximately 250,000 patients are harmed and 40,000 die each year as a result of diagnostic error, making it the top allegation in malpractice claims.
- +1 more outcomes
Companies that use Med-IQ
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Med-IQ technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Med-IQ partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CoveryscoreMed-IQ is a subsidiary of Coverys (Medical Professional Mutual Insurance Company and its subsidiaries). Coverys provides medical professional liability insurance and related services, with Med-IQ operating as their educational division providing continuing professional development and patient education services to healthcare organizations.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Med-IQ competitors and assessment
Company assessmentBroad incumbents
- Medscape Education: Medscape Education operates as one of the largest free online CME/CE platforms for physicians and healthcare professionals, backed by WebMD. It is comparable to Med-IQ as both deliver grant-funded CME/CE to clinicians across medical specialties, though Medscape's scale and clinician reach far exceed Med-IQ's.
- HealthStream: HealthStream is a leading provider of workforce training and compliance education for healthcare organizations, including CME/CE delivery to enterprise hospital systems. Comparable to Med-IQ's B2B enterprise training contracts at scale, though with broader workforce scope beyond CME.
- AMA Ed Hub: AMA Ed Hub is the American Medical Association's online CME platform delivering continuing education to physicians. Comparable to Med-IQ as a clinician-facing CME/CE destination, competing for learner time and institutional partnerships.
Direct peers
- PRIME Education: PRIME Education is an accredited CME/CE provider focused on disease-state education, oncology, and health system performance improvement. It directly competes with Med-IQ's grant-funded accredited CME/CE portfolio for healthcare professionals and pharma educational grants.
- Clinical Care Options: Clinical Care Options is a CME/CE provider specializing in oncology, HIV, and specialty therapeutics education for clinicians. Comparable to Med-IQ's grant-funded specialty education and oncology series, with similar pharma-sponsored content development models.
- Pri-Med: Pri-Med provides CME/CE programs and live meetings for primary care practitioners via in-person conferences and online learning. It competes with Med-IQ's clinical education offerings targeting hospitals and clinical teams, particularly for routine CME credit delivery.
- Haymarket Medical Education: Haymarket Medical Education is a long-standing CME/CE provider serving healthcare professionals across specialties with grant-funded educational programs. It directly competes with Med-IQ in the pharma-funded medical education market.
- PlatformQ Health: PlatformQ Health (formerly CE City) is an ACCME-accredited provider of live online CME/CE programs across therapeutic areas. Comparable to Med-IQ's accredited, grant-funded live and online medical education portfolio.
- Global Education Group: Global Education Group is an accredited provider of live, online, and journal-based CME/CE for healthcare professionals, partnering with medical education companies and societies. Directly comparable to Med-IQ as a peer CME/CE accreditation and delivery entity.
Emerging players
- EBG (Educational Awareness Group): EBG is a medical education company providing CME/CE programs and performance improvement initiatives with grant funding. Comparable to Med-IQ in offering pharma-funded certified education, though smaller in scale and specialty breadth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Med-IQ social profiles
Digital presenceMed-IQ financial estimates
Financial estimateRevenue estimate
Valuation estimate
Med-IQ leadership team
Management profileNumber of profiles
Profiles3 records
Med-IQ funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Med-IQ 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 Med-IQ
What does Med-IQ do?
Med-IQ is an accredited provider of continuing education (CME/CE) for healthcare professionals, delivering clinical, quality improvement, risk management, patient safety, and patient/consumer education programs. It combines assessments, education, and analytics to help clinicians, hospitals, and health systems improve patient outcomes, and operates an enterprise-assigned-course platform for institutional clients.
Is Med-IQ a public or private company?
Med-IQ is a private company. It is classified as corporate owned and is currently operating.
When was Med-IQ founded?
Med-IQ was founded in 2002. It employs 101 to 250 people.
Where is Med-IQ based?
Med-IQ is headquartered in Baltimore, United States, in the North America region.
How does Med-IQ make money?
Three revenue lines are on record. Healthcare Organization Education Services are the primary driver. The others are educational Grants and complimentary CME/CE Courses.
Who are Med-IQ's main competitors?
Broad incumbents on record are Medscape Education, HealthStream and AMA Ed Hub. Direct peers are PRIME Education, Clinical Care Options, Pri-Med, Haymarket Medical Education, PlatformQ Health and Global Education Group. EBG (Educational Awareness Group) is listed as an emerging player.
Does Med-IQ have an API?
No public API is recorded for Med-IQ.
What industry is Med-IQ in?
Med-IQ's product category is Continuing Medical Education (Healthcare Education Services). Its primary akta.pro industry code is EDAGANAJ, Healthcare & Clinical Professional Development (CME/CE), with a secondary code of EDAAALAC, Healthcare Clinical Professions (CME/CE for Nurses, Allied Health, Pharmacy). Its NAICS code is 611710 and its SIC code is 8000.