PatientPay

About Us PatientPay creates patient payment solutions that help patients, practices and hospitals better manage expenses in today’s healthcare environment. Our solutions yield greater operational and financial efficiency for healthcare providers while giving patients a simple way to manage all of their healthcare-related financial obligations. The billing, payment and reporting services are HIPAA and PCI Level 1 compliant and eliminate time-intensive, error-prone, manual back-end efforts to process and reconcile paper bills or manage a traditional online portal. PatientPay solutions are the only ones to match patients’ Explanation of Benefits (EOB) with provider charges, eliminating confusion when trying to determine their responsibility. Providers who use PatientPay can expect up to $4.00 savings per payment and get paid on average in less than 14 days. PatientPay is designed to serve the needs of individual practices, multi-location physician groups and major hospital networks, as well as companies providing revenue cycle management services. PatientPay was founded in 2008 to bring to healthcare consumers the same type of payment solutions they use in retail and e-commerce environments. In 2012 PatientPay was granted three patents (U.S. Patent Nos. 8,155,983, 8,204,764 and 8,214,233) for its innovative process that underpins its solutions, which can be integrated with any healthcare management software. The company is headquartered in Durham, NC.
Company Growth (employees)
Type
Private
HQ
Durham, US
Founded
2008
Size (employees)
15 (est)+8%
PatientPay was founded in 2008 and is headquartered in Durham, US

Key People at PatientPay

Thomas Furr

Thomas Furr

CEO / Founder
Anil Kamath

Anil Kamath

CTO

PatientPay Office Locations

PatientPay has an office in Durham
Durham, US (HQ)
214 1005 Slater Rd

PatientPay Data and Metrics

Summary Metrics

Founding Date

2008

Total Funding

$6.5 m

Latest funding size

$2.5 m

Time since last funding

over 3 years

Investors

PatientPay's latest funding round in May 2014 was reported to be $2.5 m. In total, PatientPay has raised $6.5 m

Traffic Overview of PatientPay

PatientPay Online and Social Media Presence

PatientPay Company Life and Culture

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