Rivia Health

Rivia Health

Automates patient payments within revenue cycle

Overview

Rivia Health streamlines patient payments for healthcare providers by automating and digitizing the payment process within revenue cycle management. It integrates with existing billing systems and offers a mobile-first platform that handles patient payments and related transactions. The service is delivered on a subscription plus per-transaction basis, focusing on seamless integration rather than replacing current workflows. The goal is to improve cash flow and accounts receivable while enhancing the patient digital experience and loyalty.

About Rivia Health

Simplify's Rating
Why Rivia Health is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Healthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$10M

Headquarters

Phoenix, Arizona

Founded

2018

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Simplify's Take

What believers are saying

  • Greenway Health Marketplace inclusion on June 17, 2025 expands distribution to installed EHR customers.
  • Rivia's 2026 site highlights Apple Pay, Venmo, BNPL, and instant EHR posting.
  • The February 1, 2024 PHX Ventures seed round funded U.S. expansion and product growth.

What critics are saying

  • Rivia still depends on Greenway, athenahealth, and similar marketplaces for customer acquisition.
  • Large incumbents like Waystar and Cedar can bundle payments into broader revenue-cycle suites.
  • If providers reject patient-pay fees, Rivia loses revenue and becomes a niche integration layer.

What makes Rivia Health unique

  • Rivia Health integrates directly into Greenway Intergy and Prime Suite, reducing portal friction.
  • Its no-login, text-and-email payment flow captures balances faster than traditional patient portals.
  • AI-powered payment automation plus EHR posting differentiates Rivia from point-solution bill pay vendors.

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Funding

Total Funding

$10M

Below

Industry Average

Funded Over

7 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Meet Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$3.3M
Rivia Health

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

0%
Rivia Health
Feb 2nd, 2024
Rivia Health Raises $3.25 Million in Series Seed Funding with PHX Ventures

PRESS RELEASE FROM RIVIA HEALTH PHOENIX — Phoenix, AZ – February 1, 2024 – Rivia Health, a revenue cycle management solution for healthcare provider organizations, announces a $3.25 million Series Seed funding round led by PHX Ventures. The new funding will be used to expand Rivia Health's patient payment solution and enter new markets across the country. "We invest in purpose-driven founders building high-growth software companies. Rachel and Elizabeth have built a solution that is clearly need

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