Full-Time
Confirmed live in the last 24 hours
Healthcare platform for billing and administration
$145k - $161.6kAnnually
Mid
Remote in USA
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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 setup and flexible payment options, making it easier for healthcare providers to implement. The goal is to help healthcare organizations achieve their financial objectives while improving patient satisfaction and ensuring a better overall experience.
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
Artificial intelligence (AI) startup Anthropic has appointed Airbnb veteran Krishna Rao as its chief financial officer (CFO). In his new role, Rao will help shape Anthropic’s financial strategy and operations as the company grows and expands internationally, the company said in a Tuesday (May 21) press release. “As we continue to grow our footprint and expand our impact, Krishna’s deep expertise in financial strategy and analysis, capital allocation and scaling high-growth organizations will be essential,” Daniela Amodei, co-founder and president of Anthropic, said in the release
In business, as in life, uncertainty can result in unexpected disruptions that have an outsized ripple effects. That’s why agility in business operations, paired with a focus on strategic planning, is not just a competitive advantage; it’s a necessity.The tragic collapse of the Francis Scott Key Bridge in Baltimore on Tuesday (March 26) has suspended all vessel traffic in and out of the Port of Baltimore until further notice. The effect on supply chains is likely to be significant, particularly the secondary impact on East Coast trucking logistics as operators need to reroute their fleets.While the Port of Baltimore is in the bottom half of America’s top 20 largest ports, it ranks first among the nation’s ports for volume of automobiles and light trucks, roll on/roll off heavy farm and construction machinery, imported sugar, and imported gypsum. Per a statement from Maryland Gov. Wes Moore, the Port of Baltimore’s private terminals handled a record 52.3 million tons of foreign cargo, worth $80 billion, in 2023. The port ranks ninth among major U.S
In addition to market-wide recognition as an employer of choice, this is the first year Cedar has been awarded as a Glassdoor Employees' Choice Award Winner.
The responsibilities of the CFO have never looked more different or driven more impact.That’s because, at a high level, most business roadmaps tend to be a function of their macro operating environment — and given the challenges of today’s landscape, CFOs are playing a more crucial role than ever before in deciding how, where and on what the investment dollars of their organization are spent.After all, where a business spends its money tends to inform and frame up its broader strategy.Against this backdrop, the importance of digital fluency has surged, with CFOs extending their influence beyond finance into marketing, sales and product implementations.In a world where technology continues to advance, savvy CFOs are embracing the evolution of the finance function from back-office bean counter and financial reporter to strategic advisor and corporate financial architect, wielding their role as investment decision-makers to capture efficiencies.And wrestling insights out of previously siloed data in a compliant, effective manner is paramount for CFOs looking to take advantage of innovative technologies, including artificial intelligence (AI).See also: Airbnb’s C-Suite Shake-Up Highlights Strategic Power Shift of CFO RoleCFOs ’ Daily Routines Increasingly Defined by DataHistorically focused on reporting, CFOs now find themselves deeply involved in collecting, analyzing and predicting financial data.The transforming responsibilities of the finance function have turned the department into more of a gatekeeper than it ever was in the past, and that in turn makes it critical to ensure that any data — either internal or external — being used to inform decisioning is pulled from the right sources, is accurate, clean and made available to the necessary organizational end-users.“The job has become a little more strategic partner to the CEO,” Lisa Mogensen, chief financial officer at RiskOptics told PYMNTS in December. “In this environment, rapid decision making is a must, it’s the new normal. And with that, there’s generally a level of financial have backup that is required, which is where the CFO comes in to provide support for data-driven decisions,” she explained, highlighting the increasing emphasis on cash management, customer-centric strategies, and the ever-evolving tech stack.Mogensen’s advice for other CFOs is to “watch your investments closely, and that includes investments in people, technology and the business more generally. Now is definitely not the time for speculation…keep your eye on the ball and watch what’s happening.”The use of modern technologies, including cloud computing, data analytics and automation, is helping finance chiefs streamline workflows and improve competitiveness by scaling processes without the subsequent need to increase headcount.“Digital transformation has really enabled us to evolve,” PayByPhone Chief Financial Officer Nick Hamill told PYMNTS in an interview posted in January. “Embracing new technologies has allowed us to enhance our efficiency, the speed of our decision making, and really our overall competitiveness.”“Technology-driven growth, especially artificial intelligence, especially automation, these are things that as a finance department that we can really leverage,” Hamill added, emphasizing that while digital solutions and AI tools offer benefits, the human touch and effective implementation remain crucial to success.CFOs Must Be Technically Nimble, but Grounded in FundamentalsThe integration of cutting-edge software solutions can be invaluable to the finance seat — but only if implemented and configured correctly.“You can’t control the geopolitical tensions, but what you can control is making your business stronger and more resilient during these times so that you come out the back of it a stronger company,” Bloomreach CFO Ninos Sarkis told PYMNTS in an interview posted in November. “…There’s a lot of relatively low-hanging fruit to make a business more efficient, more scalable and more automated.”Savvy firms are going deep on a smaller number of investments rather than spreading resources too thin, Cedar CFO Scott Stockberger told PYMNTS
South Carolina-based AnMed is the first to launch the feature, which is part of Cedar's Affordability Navigator, a new integrated suite of financial assistance featuresNEW YORK, Nov. 6, 2023 /PRNewswire/ -- Healthcare is becoming increasingly unaffordable and inaccessible for the average consumer, with 100 million patients across the United States struggling with medical debt. More acutely, more than 10 million people have been cut from Medicaid since the end of the federal COVID-19 emergency, the majority of whom were cut due to administrative reasons. All of this underscores a disturbing trend: nearly half of consumers say their healing or well-being has been negatively impacted by difficulty paying a medical bill."With Cedar's Affordability Navigator, we're taking a human-centered approach to financial assistance." Post this Cedar, an end-to-end healthcare financial engagement platform, has launched its& Affordability Navigator, the healthcare industry's first integrated suite of financial assistance offerings for patients.To address accessibility and affordability challenges, Cedar , an end-to-end healthcare financial engagement platform, has launched its Affordability Navigator , the healthcare industry's first integrated suite of financial assistance offerings for patients. Cedar's Affordability Navigator connects consumers with outside funding sources and self-service tools, including Medicaid enrollment in partnership with Advocatia, the leading benefits and financial assistance enrollment solution for hospitals. This helps healthcare providers increase access to care, alleviate staff workload and boost their financial performance.The stress patients feel about their healthcare costs and insurance coverage is due in part to a lack of awareness about financial assistance resources
Cedar Earns Placement on Built In's 100 Best Midsize Places to Work in New York City in 2025NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Built In today announced that Cedar was honored in its 2025 Best Places To Work Awards. A consistently ranked top tech employer, this is Cedar's fifth consecutive year on Built In's Best Places to Work list. Specifically, Cedar earned a place in the 100 Best Midsize Places to Work in New York City in 2025. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors remote-first employers and companies in large tech markets across the U.S
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
With eight hospitals and an extensive network of urgent care centers across Louisiana, the implementation of Cedar Pay will deliver a simpler, more optimized financial experience for millions of patientsNEW YORK and NEW ORLEANS, Jan. 30, 2024 /PRNewswire/ -- LCMC Health, a Louisiana-based, nonprofit health system, announced today that it has partnered with Cedar , an end-to-end healthcare financial engagement platform, to optimize the patient financial experience. Through Cedar Pay , Cedar will power the post-visit billing experience for all patients at LCMC Health. LCMC Health serves patients throughout the greater New Orleans region, which includes more than 1.26 million members of the community.LCMC Health Partners with Cedar to Transform the Patient Financial Experience"LCMC Health is excited to partner with Cedar to empower patients with seamless, transparent and user-friendly financial interactions," said Greg Feirn, CEO at LCMC Health. "We know it's imperative to foster positive experiences throughout the entire care journey. Together, we are not just shaping the future of healthcare but ensuring that every aspect of the patient experience, including financial transactions, reflects the high quality of care and convenience our community deserves."Cedar Pay, Cedar's post-visit patient engagement and payment platform, helps providers increase patient payments and drive digital engagement—all while improving patient satisfaction—by applying a modern, consumer-obsessed approach
The secret of change isn’t in fighting the old, it’s in building the new. That’s an idiom that rings particularly true for the chief financial officer seat. “Over the last three to five years, I’ve come to really appreciate the saying, ‘The more things change, the more they stay the same,’” Cedar CFO Scott Stockberger told PYMNTS during a conversation for the series “A Day in the Life of a CFO.”
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
As eMerge Americas wraps up its 10th year, startups steal the show – and that’s all by designBy Nancy Dahlberg, Anayansy Hernandez and Riley KaminerCelebrating its 10th year, eMerge Americas has always been a major community-focused organization with the goal of growing the Miami Tech brand across the world. Every year as part of its signature conference, eMerge Americas invites the South Florida community and innovators from around the world to talk tech, share knowledge, experience the region, and learn about what South Florida startups, universities and entrepreneurship support organizations are building – all with a very Miami flavor and energy. This year was no exception, but for this 2024 edition all this was amplified in every way and relevant to the moment. The celebratory two-day conference concluded Friday at the Miami Beach Convention Center, attracting about 20,000 participants, and the Refresh Miami team was again there to bring you some highlights. Before we begin, catch up with our day one coverage here.Mayor Suarez, Reshma Saujani and PitbullDay 2’s main stage opened in a celebratory fashion with dancing robots provided by the Nova Southeastern University’s Levan Center of Innovation followed by a key call to action from Miami Mayor Francis Suarez. “Don’t sell big dreams to small minds