Patientco offers an end-to-end patient billing and payments platform that combines intuitive consumer payment tools with world-class payment infrastructure and data-led design. The company brings together FinTech and healthcare technology to create a superior patient financial experience and deliver improved financial outcomes for health systems. Patientco has reached 10 million unique patient users, crossed $1B in payments processed, and serves more than 2,000 healthcare locations across the U.S. The company reports 95% positive patient feedback on the payment experience. Patientco plans to continue product innovation and expand sales and marketing to accelerate growth in the $5B+ patient payments market. Patientco is a market-leading provider of cloud-based patient payment technology that connects every patient payment event across multi-facility healthcare networks. Its proprietary platform processes 100% of payment types and is used by more than 500 hospitals and physician practices nationwide. The company doubled its annual total processing value (TPV) in 2015 and aims to process $10 billion in annual TPV by the end of 2018. Future plans include accelerated national sales expansion in the central and western U.S., broader adoption of Patientco Essentials to automate, consolidate and reconcile patient payments, and enhanced interoperability with integrated healthcare systems and strategic IT partners. Patientco combines revenue cycle technology and payment processing to improve cash flow, reduce A/R days, and increase patient and provider satisfaction. The company will remain independently operated under co-founder and CEO Bird Blitch while scaling distribution through a commercial agreement with Pamplona’s MedAssets RCM and Precyse businesses. Patientco provides a SaaS suite of proprietary technology tools that let patients manage and pay personal or family healthcare bills via web, phone, IVR or mail. Led by CEO Bird Blitch, the company serves both patients and healthcare providers with expense management solutions. Patientco closed a $3.75M Series A to support product enhancement and go-to-market expansion. The company intends to use the funding to enhance its offering and market its solution to an expanded network of providers and patients. Sandbox Industries Managing Director Tom Hawes will join Patientco’s Board of Directors in conjunction with the funding. Patientco is actively hiring to support growth.

Total raised

$32M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2018