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About
Patientco provides patient payment solutions tailored for Health Systems, aiming to enhance the billing experience for patients and improve financial outcomes for healthcare providers. The platform integrates communication and payment tools, utilizing user preferences and behavioral data to create a more effective payment process. By employing machine learning to analyze millions of billing interactions, Patientco personalizes patient engagement, which helps increase payment rates and fosters patient loyalty. The user-friendly design of the platform ensures that both healthcare staff and patients can navigate the payment process easily, leading to higher satisfaction and more consistent payments.
Company Stage
N/A
Employees
11-50
Industries
Enterprise Software, AI & Machine Learning, Healthcare
Total Funding
$484.7M
Headquarters
N/A
Founded
2008
Simplify's Take
What believers are saying
- The recent $36.1M funding round provides Patientco with the financial resources to further innovate and expand its platform.
- Acquisition by EQT-backed Waystar could lead to enhanced capabilities and broader market reach, benefiting employees with new opportunities.
- Patientco's machine learning-driven approach to patient payments can lead to higher patient satisfaction and loyalty, driving long-term success.
What critics are saying
- The acquisition by Waystar may lead to changes in company culture and strategic direction, causing uncertainty for employees.
- The competitive landscape in healthcare payment solutions is intense, requiring continuous innovation to maintain a competitive edge.
What makes Patientco unique
- Patientco leverages machine learning to analyze millions of billing interactions, enabling personalized patient engagement and improved payment rates, unlike traditional payment solutions.
- The platform's integration of communication and payment tools provides a seamless and intuitive experience for both staff and patients, setting it apart from competitors.
- Patientco's focus on Health Systems and the patient billing experience allows it to specialize and excel in this niche market.
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Benefits
Health Benefits - All that important stuff: Health, Dental, Vision, Life, Disability...even telemedicine! As a single employee -- your premiums are covered 100% -- and we cover a very generous portion of family plans. Stay healthy, stay happy.
No Vacation Tracking - Need a break? Take one! We believe there is should be a good balance between work and life. Every team member is required to take one consecutive week off per year.
Retirement - We offer a robust 401(k) plan, including a match.
Casual Dress Code - Jeans and a hoodie? Sure! We think that you should comfortable when you work. Life’s too short to be uncomfortable.
Free Food and Drinks - We have catered lunches every Friday as a team, and there is an endless supply of tasty snacks and drinks to keep you fueled up while you work. Special treats have been known to show up from time to time too!
Fun Events - You know what they say about the the team that plays together. Happy hours, Braves games, whitewater rafting trips, haunted houses, holiday parties, and more! We enjoy being together and it makes us stronger as a team.
Environment - Open office? Check. High energy? Check. Chance to contribute in a BIG way? Check. There are many advantages to working in a small, growing environment. You will not find this type of creativity, energy, and passion anywhere else. You just have to see it for yourself.
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