June 21, 2024
HPS/PayMedix to Broaden M for Healthcare Financing Answer
HPS/PayMedix to Broaden M for Healthcare Financing Answer

What You Ought to Know:

– Immediately, Well being Fee Methods, Inc. (HPS)/PayMedix introduced it has raised one other $25M of funding to speed up the expansion of its PayMedix healthcare financing answer led by SVB Capital with partipcation from present traders SV Well being Buyers, Hexagon, Inc. and Caltius Fairness.

– PayMedix will increase well being fairness for all shoppers by guaranteeing full and immediate funds of all in-network allowed expenses for collaborating healthcare suppliers. All shoppers can schedule wanted providers, and their suppliers all know that full fee is assured. All shoppers at a sponsoring employer obtain one simplified abstract of all of their healthcare exercise and know that PayMedix has served as a monetary security web in the event that they wanted one. All of those sufferers are assured entry to PayMedix regardless their credit score histories.            

– So far, PayMedix has already processed greater than $5 billion in funds and continues to reinforce its monetary expertise platform to supply an entire answer that serves all elements of the healthcare fee equation.