Paytient Raises $40M to Revolutionize Healthcare Payments and Empower Better Care Choices

Paytient is thrilled to announce a major milestone in our journey to revolutionize healthcare payments with a successful funding round that raised $40,000,000. This capital infusion will accelerate our mission to empower individuals by giving them the freedom to decide how and when to pay for their medical care, ultimately fostering improved health outcomes and lower overall costs. By bundling and embedding innovative payment solutions like the Health Payment Account (HPA) and the Medicare Prescription Payment Plan alongside commercial, individual ACA, and Medicare plans, Paytient is uniquely poised to redefine the way consumers interact with the healthcare system. This funding will be strategically allocated to expand our technological infrastructure, optimize our customer experience, and scale our operations to meet the growing demand as we target serving 25 million lives and partnering with 6,000 enterprise clients, including industry giants like Anthem, Centene, Cigna, R.R. Donnelley, and Hyatt Hotels by 2025. Additionally, this investment will help us continue our commitment to maintaining an exceptional service level, already demonstrated by our impressive 90 NPS and 4.9 Trustpilot rating. As we share our progress on LinkedIn and other platforms, we remain dedicated to being the leader in cost smoothing solutions and to offering transparency about what it really takes to change healthcare for the better. The new funding not only reinforces our vision but also empowers more people to make informed decisions about their health, ultimately driving more sustainable and accessible healthcare for all.