![]() Boise, Idaho, – November 7, 2017 - Today VisitPay, formerly known as iVinci Health, announced the successful completion of a major funding round to fuel the next phase of its growth. The company has rebranded as VisitPay to reflect its singular focus on helping consumers and providers manage patient financial health with transparency, choice and control. The round was led by leading venture capital firm, Norwest Venture Partners, and included participation from Ascension Ventures.Īs patient financial responsibility and healthcare costs continue to rise, providers face the challenges of increasing patient payments while improving patient satisfaction. With VisitPay, hospitals benefit from an outside-in, consumer-oriented approach to patient financial responsibility. 1 of VisitPays competitors have claimed theirs Here’s why one competitor wins customers. The easy-to-use online platform is powered by proprietary segmentation and scoring models that deliver personalized patient payment and financing options while driving sustainable economic outcomes for healthcare providers. Customers VisitPay has not claimed their Profile. “The growth in patient financial responsibility has put health system operating margins under unprecedented pressure,” said Robert Mittendorff, M.D., partner, Norwest Venture Partners. “We believe that the VisitPay platform will have the greatest impact on both patient financial outcomes and the financial health of hospital networks nationwide. We are proud to have VisitPay join our portfolio of healthcare technology leaders.”Īscension Ventures, is a strategic healthcare venture fund investing on behalf of thirteen non-profit health systems operating nearly 500 hospitals and generating close to $90 billion in annual net patient revenues. VisitPay (formerly known as iVinci Health), a Boise, Idaho-based patient financial health platform provider, completed a major funding round of undisclosed amount. If you want to see Da Vincis Last Supper in all its glory you can see it here. ![]() ![]() “Our investor base is looking for innovative solutions to drive better consumer experiences while improving patient payment rates and driving down the cost to collect,” said Victor Kats, Managing Director, Ascension Ventures. When you visit pay attention to the following things. “The combination of the consumer finance experience of the management team with the VisitPay platform enables health systems to offer a modern digital experience that consumers expect in all their actions.” Intermountain Healthcare and St. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |