Full-Time

Back End Engineer

Posted on 7/15/2024

Paytient

Paytient

51-200 employees

Platform for managing out-of-pocket medical expenses

Fintech
Financial Services
Healthcare

Mid

Montana, USA + 1 more

More locations: Remote in USA

Role can be performed from anywhere in the continental U.S., except for Montana.

Category
Backend Engineering
Software Engineering
Required Skills
Java
AWS
Requirements
  • Involvement in the entire Product SDLC for 2-4 years
  • Experience with Java or other OOP languages
  • Experience building microservices, SOA, or distributed systems (especially on a public Cloud like AWS)
  • Previous participation in technical discussions about architecture or system design
Responsibilities
  • Collaborate with a multidisciplinary team to build new features that solve real problems for our customers
  • Run what you build by participating in deployments, on-call, and support responsibilities
  • Build scalable, testable, performant, and secure software applications that have a meaningful impact on our business
  • Learn from others, share your own knowledge, and actively grow your career

Paytient provides a platform that helps employees manage their out-of-pocket medical expenses more effectively. The service integrates with existing payroll systems, allowing employees to set up flexible payment plans for their medical costs. This means that instead of paying for healthcare expenses all at once, employees can spread the payments over time, making it easier to afford necessary treatments and medications. Paytient partners with employers and insurers to include this benefit in health plans, which can enhance employee satisfaction and retention. The company earns revenue by charging fees to these employers and insurers. The main goal of Paytient is to reduce the financial burden of healthcare costs, ultimately improving employee well-being and productivity.

Company Stage

Debt Financing

Total Funding

$35.9M

Headquarters

Columbia, Missouri

Founded

2018

Growth & Insights
Headcount

6 month growth

17%

1 year growth

68%

2 year growth

104%
Simplify Jobs

Simplify's Take

What believers are saying

  • Digital health wallets adoption aligns with Paytient's payment flexibility mission.
  • Employer-sponsored financial wellness programs create integration opportunities for Paytient.
  • Healthcare consumerism drives demand for Paytient's expense transparency solutions.

What critics are saying

  • Competition from fintech startups could erode Paytient's market share.
  • Regulatory scrutiny may lead to stricter compliance requirements for Paytient.
  • Economic downturns could impact employers' ability to offer Paytient's services.

What makes Paytient unique

  • Paytient offers Health Payment Accounts integrated with commercial and Medicare plans.
  • The platform facilitates flexible payment plans through payroll system integration.
  • Paytient partners with major employers and insurers, enhancing employee satisfaction.

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