healthcare-payments
(7)
Waystar
The company that runs the plumbing behind American medical bills is betting AI can drain billions in administrative waste - and half the country's patients are already in its pipes.
Arrow
Arrow is a New York-based healthcare technology company building an AI-powered operating system for revenue cycle management (RCM). Formerly known as Walnut and often described as 'Stripe for healthcare,' Arrow helps healthcare organizations reduce claim denials, accelerate collections, and run billing, claims, and payer communications from a single platform. Founded in 2020 by Roshan Patel and Yash Joshi, the company emerged from stealth in 2024 with $110M in Series A financing led by Gradient Ventures.
Cedar
Cedar is a New York-based healthcare financial technology company that helps hospitals, physician groups and payers modernize the way patients understand and pay their medical bills. Founded in 2016 by Florian Otto and Ariel Lidow, Cedar combines consumer-grade digital billing, personalized payment plans, coverage and benefits tools, and AI-powered support - including its Kora AI voice agent - into a single patient financial engagement platform. It works with more than 55 leading health systems and payers, has processed billions of dollars in patient payments, and reached a $3.2 billion valuation after a 2021 Series D.
Jopari Solutions, Inc.
Jopari Solutions is a Concord, California health information technology company that electronifies the medical claim lifecycle - bills, attachments, remittances and payments - for the property and casualty, workers' compensation, auto medical and group health insurance markets. Founded in 2003 by Steve Stevens, Jopari runs a connectivity network linking more than 5,000 insurance payers with roughly 1.5 million providers, replacing paper-based claim processing with straight-through electronic transactions. In April 2026 it was acquired by Office Ally, a New Mountain- and Francisco Partners-backed clearinghouse, from growth-equity firm WestView Capital Partners.
Collectly
Collectly is a San Francisco-based healthcare fintech that automates the patient side of revenue cycle management. Its AI platform plugs into more than 20 EHR and practice-management systems to run digital billing, eligibility checks, cost estimates, payments and follow-up, so medical groups collect more, faster, with fewer staff hours. Founded in 2017 and a Y Combinator graduate, Collectly says it serves 3,000+ healthcare facilities and has processed over $1 billion in patient payments. In 2025 it launched Billie, a 24/7 AI agent that answers patient billing questions and takes action across voice, chat, text and email.
Binkey
Binkey is a Washington, DC fintech that lets online merchants accept pre-tax health benefit dollars - FSA, HSA, and related accounts - as payment at checkout. Its AI-powered engine classifies products at the SKU level to determine IRS eligibility in real time, automates claim filing and reimbursement, and routes funds through developer-friendly APIs. Products span Binkey Pay (checkout acceptance), FSA + HSA Rewind (recovering unused benefit dollars from past purchases), and Binkey Vision (out-of-network vision reimbursement). The company raised $3.3M in seed funding in 2023.
Turquoise Health
Turquoise Health is a San Diego health-tech company building the operating system for healthcare contracts and payments. It turns the messy, hidden world of payer and provider pricing - machine-readable files, claims, contracts and Medicare benchmarks - into clear, auditable rates and AI-readable contracts, so that buying and paying for care could one day be as straightforward as any other transaction. More than 280 organizations, including major health systems, national payers, pharma companies and brokers, use the platform.