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CEO Meghan Gaffney Selected for EY Entrepreneurial Winning Women™ North America Class of 2023

Veda’s Meghan Gaffney Selected for EY Entrepreneurial Winning Women™ North America Class of 2023

Ernst & Young LLP (EY) is proud to announce that Meghan Gaffney, CEO of Veda, a health technology provider specializing in accurate, curated provider data, is one of the 23 women founders from 20 companies selected for the EY Entrepreneurial Winning Women™ North America (Winning Women) Class of 2023.

Now in its 16th year, the program identifies talented entrepreneurs with scalable companies in the United States and Canada and connects them with the networks and resources they need to accelerate growth and scale their businesses.

Participants receive customized executive education, introductions, and access to the Winning Women community around the world, as well as the entirety of the EY global entrepreneurial ecosystem, including members of the Entrepreneur Of The Year® and EY Entrepreneurs Access Network (EAN) programs.

meghan gaffney ey winning woman

“Women founders contribute trillions to the US economy, and studies have shown that when women are empowered, the economy grows,” said EY Americas Industry and Solutions Leader Cheryl Grise, who also serves as the EY Entrepreneurial Winning Women North America Program Executive Sponsor. “At EY, we believe that a rising tide lifts all boats, so the success of women impacts the success of every business,” said Grise. “Over the last 16 years, the Winning Women program has intentionally addressed societal gender-based challenges that often confront women entrepreneurs by providing these phenomenally talented businesspeople with greater access, guidance and knowledge, which are the tools they need to continue to break the mold, inspire innovation and be shamelessly ambitious. I welcome these women to the fold and look forward to seeing them do even bigger and greater things.”

Cheryl Grise

Members of the Winning Women Class of 2023 have ambition, creativity and a desire to build a better world in common. They are tackling problems from inclusivity, to offering healthier products and food, to solving for complex health care issues. Others are bringing to the table innovative solutions in supply chain, data management, marketing and more. The founders selected for the program display unparalleled ingenuity, business prowess, ambition in crafting solutions and a formidable can-do attitude that allowed them to break from the pack of their peers to stand out.

“2023 has been filled with many economic ups and downs – from geopolitical unrest, to interrupted supply chains, to inflation – there has been plenty to make consumers tighten their belts” said Maranda Bruckner, EY Entrepreneurial Winning Women North America Program Leader. “I applaud these business leaders for not only surviving these challenges, but exceeding growth and profit expectations when others did not. They are outstanding examples of being unstoppable and shifting entire industries. We are excited to have them in the program, and deeply congratulate them on this recognition.”

The EY Entrepreneurial Winning Women North America program serves women business owners who are founding CEOs of any US or Canadian privately held company. Company revenues typically range from at least $2m to $30m annually. The EY Entrepreneurial Winning Women program participants become part of a global peer community, which includes more than 900 entrepreneurs in 55 countries and on every continent.

“Every year, I am so pleased to welcome the newest class of the EY Entrepreneurial Winning Women North America program, who are not only incredible leaders in their organizations but also in their communities,” said Lee Henderson, Americas EY Private Leader. “It is an honor to provide these best-in-class founders with resources and access to EY’s vast entrepreneurial ecosystem to help them scale, attract talent and disrupt industries. I am always excited to see where these entrepreneurs go next. I already know it’s only up from here.”

The Class of 2023 will be officially recognized in November 2023 at the Strategic Growth Forum®, one of the nation’s most prestigious events for ambitious, high-growth, market-leading business leaders.

About Veda
Veda blends science and imagination to solve healthcare’s most complex data issues. Through human-in-the-loop Smart Automation, our solutions dramatically increase productivity, enable compliance, and empower healthcare businesses to focus on delivering care. Veda is simple to use and requires no technical skills or drastic system changes because we envision a future for healthcare where data isn’t a barrier—it’s an opportunity. To learn more about Veda, visit vedadata.com and follow us on LinkedIn.

About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US.

About EY Entrepreneurial Winning Women™
The EY organization is committed to seeing women lead. EY Entrepreneurial Winning Women™ is a global program for successful entrepreneurs whose successful businesses show more potential to scale. Through access to global EY networks throughout the entrepreneurial ecosystem, pioneering founders on every continent secure the resources, advice and connections they need to scale their businesses sustainably. This one-of-a-kind community of founders is rewriting rules and remaking markets. Visit ey.com/us/winningwomen.

About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises, including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private.

In Business Magazine: Shaping AI Policies is an Ongoing Imperative

Read the article “Shaping AI Policies is an Ongoing Imperative” by Veda CEO Meghan Gaffney in the September issue of In Business Magazine.

In Business Magazine Madison WI

At Veda, a healthcare data solutions company headquartered in Madison, we’ve been using AI technologies like supervised machine learning for years, adapting our policies as we go, to stay ahead of a rapidly changing tech landscape. Recently we’ve tackled the use of LLMs such as ChatGPT, Google Bard, GitHub, and others by employees on our office systems. In doing so we learned a bit along the way that may help other businesses working on similar policies.

Meghan Gaffney

In Business Madison, September 2023

Veda Partners with OutCare to Support Health Equity for LGBTQ+ Communities

Partnership with OutCare Health helps patients and plans identify LGBTQ+ affirming providers, improving access to care

Veda, a health technology provider specializing in accurate, curated provider data, has partnered with OutCare Health, a leading organization championing LGBTQ+ health equity.

Among software companies, Veda was ranked 22nd and it was the highest-ranked company on the list from Wisconsin.

The groundbreaking collaboration addresses the unique needs of LGBTQ+ communities by incorporating the data from OutCare Health’s OutList®, the largest, most comprehensive directory of LGBTQ+ affirming providers, into the high-quality provider data that Veda delivers to its health plan customers.

The OutList® features thousands of providers across all specialties nationwide. The collaboration will make it easier for patients to find providers and for health plans to build LGBTQ+ affirming provider networks.

The need for accurate and inclusive provider data has never been more critical. More than half of LGBTQ+ patients experience stigma in healthcare settings, and more than 92% believe it’s crucial to find LGBTQ+ affirming healthcare providers.

“By leveraging OutCare Health’s comprehensive OutList® through Veda’s robust provider data solutions, health plans can make informed decisions, ensure accurate and meaningful referrals, and provide members with timely access to the quality care they deserve.”

OutCare Health Founder and President, Dr. Dustin Nowaskie

“Many of the health plans that we work with are actively looking for ways to ensure their members have access to LGBTQ+ affirming care,” said Meghan Gaffney, CEO and co-founder of Veda. “They know that patients in LGBTQ+ communities report higher rates of negative health experiences and have higher risk for medical and mental health conditions. Our customers are taking action, and this partnership enables us to help health plans in all communities deliver affirming and supportive experiences for their members.”

Recent research by OutCare Health and Healthgrades laid bare the critical need for patients to find informed and supportive doctors. The survey revealed that LGBTQ+ patients are more likely to have skipped care in the past year and less likely than the heterosexual cisgender population to have had important health screenings. Even more troubling, 18% of LGBTQ+ patients have experienced medical trauma, 125% the rate reported by cisgender, heterosexual patients.

Together, OutCare Health and Veda are revolutionizing the healthcare landscape by empowering health plans to prioritize LGBTQ+ health equity and create more inclusive, affirming healthcare experiences for all LGBTQ+ people.

The two organizations will host an America’s Health Insurance Plans webinar on October 25. Visit www.ahip.org/webinars soon to register for the webinar titled Is Your Provider Directory Offering Inclusive Access for LGBTQ+ Members?

About Veda
Veda blends science and imagination to solve healthcare’s most complex data issues. Through human-in-the-loop Smart Automation, our solutions dramatically increase productivity, enable compliance, and empower healthcare businesses to focus on delivering care. Veda is simple to use and requires no technical skills or drastic system changes because we envision a future for healthcare where data isn’t a barrier—it’s an opportunity. To learn more about Veda, visit vedadata.com and follow us on LinkedIn.

About OutCare Health
OutCare Health is a leading 501(c)(3) nonprofit organization dedicated to promoting health equity for LGBTQ+ communities worldwide. OutCare’s mission is to empower LGBTQ+ people with comprehensive information, resources, support, and education, including an affirming healthcare provider directory, mentorship, training, research, community building, support groups, webinar series, blogs, and much more. OutCare’s vision is to create a world where every LGBTQ+ person has access to quality healthcare and feels empowered to live their healthiest, most authentic life. To learn more about OutCare, visit outcarehealth.org and follow on Facebook, LinkedIn, Instagram, or Twitter.

Entrepreneur: 3 Ways Women Founders Can Leverage Their Value on Women’s Equality Day — and Beyond

Women founders lead in different ways than their male counterparts and data is showing how beneficial that is. This Entrepreneur article by Veda CEO Meghan Gaffney covers three things for women entrepreneurs to keep in mind throughout their journey.

Veda Ranks No. 176 on the 2023 Inc. 5000

Three-year revenue growth of 2,998 percent

Veda Data Solutions, a Madison, Wis.-based company that solves healthcare’s most complex provider data issues was named by Inc. as No. 176 on the 2023 Inc. 5000 list revealed today.

Among software companies, Veda was ranked 22nd and it was the highest-ranked company on the list from Wisconsin.

176 on Inc. 5000

The Inc. 5000 is an annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the independent, entrepreneurial business segment. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

“When we started Veda, we set out to make the healthcare industry more efficient and build a company that we could be proud of,” said Meghan Gaffney, CEO and co-founder of Veda. “Being named to the Inc. 5000 list validates our solution and vision and recognizes the Veda team who works tirelessly each day to help people access the care they need.”

Meghan Gaffney, CEO

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. This year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. Veda will also be included in the September issue of Inc. as the magazine highlights the top 500 companies.

About Veda

Veda blends science and imagination to solve healthcare’s most complex data issues. Through human-in-the-loop Smart Automation, our solutions dramatically increase productivity, enable compliance and empower healthcare businesses to focus on delivering care. Veda is simple to use and requires no technical skills or drastic system changes because we envision a future for healthcare where data isn’t a barrier—it’s an opportunity. To learn more about Veda, visit vedadata.com and follow us on LinkedIn.

More about Inc. and the Inc. 5000 

About Inc. 
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

Methodology 
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. 

Veda Recognized in Gartner® Hype Cycle™ for U.S. Healthcare Payers, 2023

Veda named a Sample Vendor for Provider Data Management

Gartner® Hype Cycles™ are a graphical representation of a technologies lifecycle that provides end users insights about which technologies to invest in to save time and money. Veda is named a Sample Vendor for Provider Data Management technology.

The analysis by Connie Salgy explains why provider data management is important:

“Inaccurate provider data leads to poor total experience and increases reputational and compliance risk. Payers rely on accurate provider data to authorize services, administer claims and deliver care advocacy services. This data also drives member-facing tools such as provider directories, health management portals and medical shopping applications.”

Gartner, Inc. Hype Cycle for U.S. Healthcare Payers, 2023

If you are a Gartner subscriber, you can access the report here.

GARTNER and HYPE CYCLE are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Healthcare Business Today: Start With Disclosure

Healthcare rarely leads when it comes to the adoption of new technologies, but this moment is unique. Health tech innovators have the opportunity to set the standard for the responsible use of generative AI by voluntarily disclosing when patients or health plan members are interacting with machines, rather than people. 

Read Meghan Gaffney‘s article in Healthcare Business Today.

HealthIT Answers: News and Announcements from ViVE 2023

Following are news and announcements released from #ViVE2023, March 26-29, 2023 at the Music City Center in Nashville, TN.

Check out our feature in HealthIT Answers article.

Take Five: Bank failure doesn’t trip Madison tech firm

Meghan Gaffney, founder of Madison technology startup Veda, is one of the lucky ones. When Silicon Valley Bank failed over the weekend, requiring protective action by the Federal Reserve and the Federal Deposit Insurance Corp., Gaffney’s company was already well diversified in where it kept its accounts.

Check out the full article on IB in Business Greater Madison.

Healthcare IT Today: Veda launched Vectyr: Data Curation, a provider database that includes more than 50 data variables

Check out our feature in Healthcare IT Today’s weekly roundups, featuring our new product, Vectyr: Data Curation.

You know your business. We know data.

One Simplified Platform

Veda’s provider data solutions help healthcare organizations reduce manual work, meet compliance requirements, and improve member experience through accurate provider directories. Select your path to accurate data.

Velocity
ROSTER AUTOMATION

Standardize and verify unstructured data with unprecedented speed and accuracy.

Vectyr
PROFILE
SEARCH

The most up-to-date, comprehensive, and accurate data source of healthcare providers, groups, and facilities on the market.

Quantym
DIRECTORY ANALYSIS

Review and refresh your network directory to identify areas that affect your quality metrics.

Resources & Insights

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Meghan Gaffney, CEO and Co-Founder of Veda: The Power Of AI-Driven Data Automation
February 20, 2025
Deepfakes Can Damage Businesses—Here’s How To Fight Back
February 10, 2025
meghan gaffney bob lindner patents
Q&A with Veda’s Co-Founders: Patented AI Approach for Provider Data
February 6, 2025
Contact Veda Today

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