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Out-of-pocket healthcare expenses are on the rise, which means patients are having difficulty paying their share and providers are finding it difficult to collect from those patients. It’s a lose-lose situation.
CarePayment offers a unique solution that helps patients meet their financial obligations and protect their financial health while helping providers stay financially healthy by reducing bad debt and improving cash flow.
CarePayment offers a unique solution that helps patients meet their financial obligations and protect their financial health while helping providers stay financially healthy by reducing bad debt and improving cash flow.
Overview
Location
United States, Tennessee, Nashville
Employees
51-200
Total raised
$100M
Founded date
2004
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 8
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jun 28, 2022 | RevSpring and CarePayment Announce Integration within RevSpring’s PersonaPay™ Payment Portal | “This integration with CarePayment is just the latest example of RevSpring’s commitment to a sophisticated open architecture that makes it fast and easy for providers to combine best-of-breed applications to eliminate friction and expand op... |
| Aug 7, 2017 | CarePayment Technologies Receives Investment from Comvest Capital | CarePayment Technologies, Inc., a Nashville, TN–based patient financial engagement company, received an investment from Comvest Capital. The financial terms of the deal were not disclosed. The company intends to use the funds to expand oper... |
| Mar 15, 2017 | Term Sheet — Wednesday, March 15 | THE VC BEHIND THE COSMETICS COUNTER Good morning, Term Sheet readers. Today’s column is from Fortune editor Matt Heimer. Enjoy. Paid Content How can you protect what you can't see? From ExtraHop Until very recently, if you had asked me... |
| Mar 14, 2017 | Cedar Springs and Crestline Acquire CarePayment | CarePayment, a leading patient financial engagement company with more than a decade of experience partnering with providers to offer patients zero percent interest payment programs, announced today that Cedar Springs Capital, LLC, together ... |
| Mar 14, 2017 | CarePayment Receives Private Equity Investment | CarePayment, a Portland, Oregon- and Nashville, Tennessee-based patient financial engagement company, received a majority investment from Cedar Springs Capital and Crestline Investors. The amount of the deal was not disclosed. The company i... |
| Jan 13, 2016 | Top 5 predictions for 2016 in health tech and services | About the author: @DanGebremedhin is a Senior Associate at Flare Capital Partners, an early stage Health Technology and Services focused VC Firm. He is a practicing physician at the Massachusetts General Hospital, and previously served as a... |
| Feb 11, 2015 | CarePayment Receives $100M Funding Commitment for Patient Financing from Wells Fargo | CarePayment, a Lake Oswego, Oregon-based provider of a patient financial engagement platform, has expanded its funding agreement with Aequitas Capital to include a total of $200m of senior debt, supported by $100m in new financing from Well... |
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FAQ about CarePayment
When was CarePayment founded?
CarePayment was founded in 2004.
How much funding has CarePayment raised?
CarePayment has raised $100M in total across 1 funding round.
What has the press written about CarePayment?
Parsers VC has collected 8 articles mentioning CarePayment, among them “RevSpring and CarePayment Announce Integration within RevSpring’s PersonaPay™ Payment Portal” (Jun 28, 2022) and “CarePayment Technologies Receives Investment from Comvest Capital” (Aug 7, 2017).
Is CarePayment still active?
Yes, CarePayment is active; its latest activity on Parsers VC dates from Apr 17, 2026.