PatientPay raised $6 million in financing, led by Teaghlach Family Office. Esping Family Foundation and Mosaik Partners also participated.
PatientPay’s payment solutions for patients, medical groups, hospitals, and revenue cycle management groups feature products and services designed to give patients a way to manage their health care-related financial obligations. According to the company, the billing, payment, and reporting services are HIPAA and PCI Level 1 compliant and reduce call volumes.
The investment will be used for significant company expansion and continued enhancements to its patient payments platform.