CarePayment
Bridging the affordability gap between patients & providers with award-winning, 0.00% APR patient financial engagement.
Bridging the affordability gap between patients & providers with award-winning, 0.00% APR patient financial engagement.
CarePayment Analysis
CarePayment is a finance and healthcare startup established in 1991 in the United States with the slogan, "Bridging the affordability gap between patients & providers with award-winning, 0.00% APR patient financial engagement."
The company addresses the challenge of escalating out-of-pocket healthcare expenses that make it increasingly difficult for patients to pay their share and for providers to collect from them. This predicament creates a lose-lose situation for both parties.
CarePayment's solution, recognized as the #1 Patient Financing Solution and Medical Loan Technology as well as the #1 Patient Financial Engagement Solution by Black Book Research in 2024, offers patients an always 0.00% APR financial engagement to afford necessary care and protect their financial well-being. At the same time, it enables providers to maintain financial health by decreasing bad debt and enhancing cash flow. The company has garnered accolades such as being listed as the Best of KLAS for Patient Financing Services by KLAS Research in 2023 and the #1 Patient Financing Solution and Medical Loan Technology by Black Book Research in 2022.
The most recent recorded investment in CarePayment was a $7.50MPost-IPO Equity injection on 07 December 2017. The participating investors remain undisclosed.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | $7.50M | - | 07 Dec 2017 | |
| Private Equity Round | Unknown | 1 |
|
07 Aug 2017 |
| Post-IPO Debt | $100.00M | 1 | Wells Fargo | 11 Feb 2015 |
| Post-IPO Debt | $60.00M | 1 |
|
13 May 2014 |
No recent news or press coverage available for CarePayment.
We care about your data, and we'd love to use cookies make your experience better.
