Full-Time
Updated on 6/12/2025
Healthcare technology for billing and administration
$191.3k - $250k/yr
Senior, Expert
Remote in USA
Cedar focuses on enhancing the administrative and billing processes in healthcare. Its main product is a user-friendly platform that streamlines the entire patient experience, from scheduling to payment. The platform simplifies bill resolution, engages patients with personalized messaging, and provides real-time insights into revenue cycles. Unlike many competitors, Cedar emphasizes a tailored approach to patient communication, which not only improves satisfaction but also boosts cash collections for healthcare providers. The goal is to help healthcare organizations achieve their financial objectives while ensuring a smoother experience for patients.
Company Size
501-1,000
Company Stage
Series D
Total Funding
$419.4M
Headquarters
New York City, New York
Founded
2016
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Competitive pay & equity
Health benefits
Unlimited PTO
Flexible work style
16 weeks paid parental leave
401k matching
Free lunch & snacks
Game nights & company events
The nation's largest rural Epic health system selects Cedar to enhance the patient financial experience in America's heartlandNEW YORK, May 14, 2025 /PRNewswire/ -- Cedar, the leading patient financial experience platform for health care providers, today announced a partnership with Sanford Health, the largest rural health system in the United States, serving over 2.4 million patients. By working with Cedar, Sanford Health will deliver a simple, transparent payment experience to patients across its extensive network. "Rural health systems like Sanford Health have shown remarkable ingenuity in serving the unique needs of their populations," said Florian Otto, CEO and Co-Founder of Cedar. "This partnership demonstrates a commitment to addressing the comprehensive needs of rural populations, recognizing that financial health is an integral part of overall patient care. We're thrilled to complement Sanford Health's robust Epic infrastructure with our latest innovation in financial engagement to empower patients and strengthen the health of rural communities."
What You Should Know:– Sanford Health, the largest rural health system in the United States and Cedar, the leading patient financial experience platform for healthcare providers announced a significant partnership with.– The collaboration will see Sanford Health, which serves over 2.4 million patients, leverage Cedar’s innovative technology to deliver a simpler, more transparent payment experience across its extensive network. The strategic initiative underscores a growing recognition of the importance of financial well-being as an integral component of overall patient care, particularly within rural communities.Introducing Cedar Pay to Enhance Financial ClaritySanford Health will implement Cedar Pay, a platform designed to differentiate the payment experience by integrating critical information directly into medical bills. This includes features like real-time health savings account (HSA) data, creating a consumer-grade financial experience that aims to be understandable and trustworthy for patients.Key innovative features of the Cedar Pay platform include:Personalized Outreach: Rapid experimentation capabilities to tailor outreach strategies and maximize patient engagement.Rapid experimentation capabilities to tailor outreach strategies and maximize patient engagement. Empathetic Communication: Utilizing plain-language messaging to reduce patient stress and improve comprehension of billing information.Utilizing plain-language messaging to reduce patient stress and improve comprehension of billing information. Seamless HSA Integration: Incorporating health savings account information to enable more informed financial decisions by patients.Incorporating health savings account information to enable more informed financial decisions by patients. Flexible Payment Options: Offering personalized payment plan recommendations tailored to each patient’s unique financial situation.Dual Benefits: Empowering Patients, Strengthening ProvidersThe collaboration is anticipated to yield dual benefits: fostering increased patient loyalty through a positive financial experience, while simultaneously improving the financial performance of the health system
What You Should Know: – Cedar, a patient financial platform for healthcare providers announced the launch of Kora, its advanced AI voice agent designed to automate patient billing calls. – Developed in collaboration with communications platform Twilio and already being implemented at leading providers such as ApolloMD, Kora leverages Cedar’s deep healthcare expertise and proprietary billing data to deliver efficient and empathetic call resolution at scale.Kora: An AI Voice Agent Purpose-Built for Healthcare BillingKora represents a significant advancement beyond traditional Interactive Voice Response (IVR) systems. Available 24/7, the AI agent is designed to autonomously resolve common patient billing inquiries, often within the first interaction. It utilizes natural language processing to understand caller requests, identify underlying issues, and respond conversationally. The agent runs on Twilio’s ConversationRelay service, which provides the technical foundation for robust, natural voice interactions by integrating real-time streaming, speech recognition, and interruption handling capabilities. Key capabilities include clearly explaining charges, identifying suitable payment options, and connecting patients with relevant financial assistance programs. Built with compliance at its core, Kora incorporates HIPAA privacy and security safeguards. Future enhancements aim to include sentiment and tone detection and support for multiple languages.Addressing Call Center Challenges and Enhancing Patient ExperienceThe launch of Kora directly addresses pressing challenges faced by healthcare providers, including rising labor costs, persistent staffing shortages, and the dual pressure to improve patient financial experiences while managing operational overhead
Cedar's continued recognition highlights commitment to employee satisfaction and follows ongoing advancements in tackling healthcare affordability NEW YORK, March 4, 2025 /PRNewswire/ -- Cedar has been recognized by Forbes as one of America's Best Startup Employers 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on March 4th, 2025, and can currently be viewed on Forbes' website. America's Best Startup Employers 2025 identified the top-performing startups in the United States by analyzing a set of defined KPIs that correspond to company growth and workplace satisfaction. After gathering more than 7 million data points from over 20,000 eligible companies, 3,000 employers qualified for in-depth analysis. In the end, only 500 companies were included in the ranking
Cedar is integrating Twilio's scalable communications technology into its platform, which will allow it to use Twilio's SMS and Voice services, including the AI-driven ConversationRelay service.