Paytient Raises $63 Million to Help Americans Access and Afford Healthcare

Funding Rounds

Summary

Founded in 2018, Paytient partners with thoughtful employers and insurers to empower Americans to more easily pay out-of-pocket healthcare costs that too often feel out of reach. Our platform gives patients the power to control when and how they pay medical expenses in a way thats good for their own wellbeing, and as historic inflation grips the market, this is solving an urgent need for employers and providers, too.In partnership with Commerce Bank, the Paytient platform enables employers to provide a low-cost, flexible benefit that creates a better experience around paying for care that supports their strategic workforce objectives. For us, Paytient represented a simple benefit that makes it easier for our team to access the care they need, when they need it," says Willy Schlacks, co-founder and president of EquipmentShare, a leading technology company that adopted Paytient in 2022.Today, the company has nearly 700 enterprise partners nationwide including noteworthy carriers and employers such as Centene, Cigna, Coupe Health, Beta Health, and R.R. The Paytient card unlocks access to care with interest-free credit, while the app allows members to better manage and organize their healthcare spending. Paytient partners with hundreds of employers, insurers, and leading healthcare providers to make it easier for members to access and pay for care.

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Amount $33.0M Total raised
Date January 10, 2023 Announcement date
Investors Mercato Partners Lead investors
Company https://www.paytient.com Funded company

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