Patientco

Patientco

Healthcare technology for patient payment solutions

About Patientco

Simplify's Rating
Why Patientco is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Seed

Total Funding

$33.7M

Headquarters

Atlanta, Georgia

Founded

2008

Overview

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, Patientco analyzes millions of billing interactions to personalize 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 successful transactions.

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Simplify's Take

What believers are saying

  • Patientco's platform improves financial care across the entire patient journey.
  • The company has received the Healthcare Financial Management Association’s Peer Review designation.
  • Increased telehealth adoption boosts demand for Patientco's integrated payment solutions.

What critics are saying

  • Emerging competitors like Green Feather increase competition in the healthcare payments space.
  • Rapid payment technology evolution may outpace Patientco's current platform capabilities.
  • Changes in healthcare regulations could impact Patientco's operations and compliance.

What makes Patientco unique

  • Patientco is the only vertically-integrated payment technology company focused on healthcare.
  • The platform integrates communication and payment tools with machine learning capabilities.
  • Patientco personalizes engagement using user preferences and behavioral data.

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Funding

Total Funding

$33.7M

Below

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

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.

Company News

CB Insights
Jul 20th, 2021
Patientco receives financing of $36.1M in funding

PatientCo has raised $36.1M in total funding.

Hypepotamus
Jun 25th, 2021
Ally Commerce Spinoff Startup Adds Flexibility To Healthcare Payments Proccess

A spin-off startup from Ally Commerce, Green Feather, is finding a niche in the healthcare payments space.

PYMNTS
Jun 16th, 2020
Integrating Healthcare With Payments From Check-In To Checkup (And Beyond)

Bird Blitch of Patientco talks about the ways online platforms can tie healthcare billing and payments together to help both providers and patients.

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