PatientPay Inks $2.5M Series A Funding Round

Funding Rounds

Summary

Your Source for Venture Capital and Private Equity Financings DURHAM, NC, Innovator in cloud-base patient billing and payment services, today announced it has secured a $2.5 million investment. The companys innovative technology slices the time and cost it takes to manage patient billing and reconciliation in half for independent physicians as well as large health systems, said Miles Kilburn of Mosaik. By allowing an effortless move from paper-based methods, PatientPay lets quality of care extend from the examination room to the business office with an online billing service that is simple, secure and satisfying for healthcare consumers. PatientPay, the innovator in cloud-base patient billing and payment services, today announced it has secured a $2.5 million investment which was led by Mosaik Partners ( www.mosaikpartners.com ), a leading venture capital firm focused on commerce-enabling technology companies. The companys innovative technology slices the time and cost it takes to manage patient billing and reconciliation in half for independent physicians as well as large health systems, said Miles Kilburn of Mosaik.

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Amount $2.5M Total raised
Date May 27, 2014 Announcement date
Investors Mosaik Partners Lead investors
Company http://www.patientpay.com Funded company

Classifications

industries
HealthTech
applications
Data Management

AskAI Classifications

Labels
Healthcare Software Payment Solutions Financial Technology

Linked Companies

PatientPay
$1M to $5M