HealthFirst Financial Raises $70 Million Debt Financing

Healthcare and fintech startup HealthFirst Financial announced the close of $70 million in debt financing. Four institutions contributed to the round: Umpqua Bank, Columbia Bank, Opus Bank, and Pacific Continental Bank.

HealthFirst Financial partners with healthcare providers to help patients access healthcare affordably while minimizing bad debt and poor cash flow.

In its announcement, the company said Healthfirst Financial will use the proceeds to finance the growing demand from hospitals and medical groups for affordable patient payment programs.