Full-Time
Updated on 3/14/2025
Healthcare platform for billing and administration
$165.8k - $195kAnnually
Senior
Remote in USA
Applicants must be currently authorized to work in the United States on a full-time basis.
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 appointments to making payments. The platform simplifies bill resolution and offers personalized communication to engage patients effectively, which increases the likelihood of timely payments. Unlike many competitors, Cedar emphasizes a seamless digital experience and provides real-time insights into the revenue cycle, making it easier for healthcare providers to manage their finances. The goal of Cedar is to help healthcare organizations improve patient satisfaction while achieving their financial objectives.
Company Size
501-1,000
Company Stage
Series D
Total Funding
$383.6M
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
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.
What You Should Know:– Twilio, a customer engagement platform, and Cedar, a patient financial experience platform, today announced a strategic partnership to revolutionize how patients interact with their healthcare bills.– The collaboration leverages Twilio’s communication tools and AI capabilities to enhance patient engagement, streamline billing processes, and reduce costs for healthcare providers.Transform the Patient Financial Experience with AI-Powered CommunicationsNavigating healthcare billing can be a complex and frustrating experience for patients, particularly those with multiple providers or limited insurance coverage. At the same time, healthcare providers face significant challenges in managing patient inquiries and ensuring timely payments.This partnership addresses these challenges by integrating Twilio’s technology into Cedar’s platform, enabling:Streamlined Communication: Automated SMS notifications and reminders for bills and appointments, improving patient communication and reducing missed payments.Automated SMS notifications and reminders for bills and appointments, improving patient communication and reducing missed payments. Seamless Payment Experience: Secure phone payments via Twilio’s Voice API and Stripe Pay Connector, with support for Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA).Secure phone payments via Twilio’s Voice API and Stripe Pay Connector, with support for Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA). Personalized Patient Support: AI-powered voice agents to automate inbound billing calls, providing instant support and reducing wait times.Expanding Access to Healthcare ResourcesBy integrating support for FSA and HSA payments, the partnership also aims to improve patients’ access to and utilization of these valuable healthcare resources. This can help patients maximize their healthcare benefits and reduce out-of-pocket costs.“At Cedar, the patient experience is at the core of all the work we do. Our work with Twilio enables us to combine AI-powered technology and empathetic service design, transforming how providers engage with patients about their bills,” said Dugan Winkie, Head of Commercial Strategy at Cedar
As the only platform unifying all elements of the patient's financial journey—including HSA banks and financial assistance programs—Cedar is uncovering unique pathways to affordability for patientsNEW YORK, Jan. 23, 2025 /PRNewswire/ -- Cedar , the leading financial experience platform, has released Our Year in Review and Vision Ahead : Cedar's Journey to Solving Healthcare's Affordability Crisis , underscoring the company's evolution from a patient engagement, billing, and collections platform to a comprehensive affordability solution. Through new investments in GenerativeAI and an expanding ecosystem of partnerships, Cedar is uniquely positioned to address affordability and define excellence in patient financial experience."We can make healthcare financially accessible while supporting providers' sustainability." - Florian Otto, Cedar Post this Cedar Unveils Year in Review and Vision Ahead Report, Showcasing Bold Advancements in Tackling Healthcare Affordability"We started with a simple belief: paying medical bills should be as easy as an online purchase. That vision helped us revolutionize medical billing for nearly 50 million patients. But, the rapidly increasing cost of care is preventing too many of these patients from receiving the care they need," said Florian Otto, CEO and Co-founder of Cedar. "Our 2024 initiatives, from AI-powered solutions to comprehensive affordability pathways, demonstrate that we can make healthcare financially accessible while supporting providers' sustainability."Key milestones from the report include:New affordability pathways: Cedar's intelligent matching engine uncovers new sources of funding and pathways to affordability that most patients never knew existed
Dugan Winkie, Head of Commercial Strategy at CedarWhat if AI could dramatically reduce call volume, improve patient satisfaction, and empower your call center staff? In this exclusive interview, Dugan Winkie, Head of Commercial Strategy at Cedar, sheds light on the often-overlooked opportunity of leveraging AI in healthcare call centers.Winkie explores the unique challenges and opportunities AI presents for providers, highlighting the potential for increased efficiency, improved patient experiences, and significant financial gains. He also shares best practices for implementing AI in call centers and emphasizes the importance of a human-centered approach.Why are call centers often overlooked when it comes to leveraging AI in healthcare finance?Dugan Winkie, Head of Commercial Strategy at Cedar: Everyone is talking about AI, but when it comes to the revenue cycle, it can be hard to know where to invest. Call centers represent an untapped opportunity for revenue cycle leaders to thoughtfully leverage AI, but can be overlooked due to: Ambiguous ROI: Call centers often struggle to accurately identify the root causes of patient inquiries due to inaccurate manual call categorization. This challenge is compounded by the complexity of patient questions, which often require data from multiple entities to provide correct, comprehensive answers.Ethical considerations: Healthcare providers must carefully consider the ethical implications of AI implementation, especially in areas dealing with sensitive patient information and financial data.Need for guardrails: Organizations are cautious about implementing AI without proper safeguards, which can slow down adoption in areas like call centers that handle critical patient interactions.But, by harnessing the transformative power of AI in this often-underestimated area, RCM leaders have the opportunity to unlock game-changing advancements in efficiency, elevate patient experiences, and drive significant financial gains. As the healthcare landscape rapidly evolves, those who recognize and seize the potential of AI in call centers will position themselves at the forefront of innovation, gaining a critical edge in the industry.What unique challenges and opportunities do they present for providers?Dugan Winkie: Dealing with medical bills is one of the most stressful, time-consuming, and costly parts of the patient experience. Patients are facing rising costs, causing more Americans to go bankrupt than any other sector