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PayMedix
Information by Research TrustFinance
PayMedix is a healthcare patient financing platform designed to address the challenges of patient affordability and provider revenue cycle management. The company's core product, the PayMedix SuperEOB®, consolidates a patient's bills from all their in-network providers into a single, easy-to-understand statement and offers a guaranteed line of credit for all patients, regardless of their credit history. This allows patients to pay their balances over time with manageable monthly payments, while PayMedix pays the healthcare providers in full and upfront, thus eliminating bad debt and reducing collection costs for providers. The company was founded to reduce the financial burden of healthcare for all.
United States
Industry
Financial