Company News
PayMedix is our innovative payment platform that guarantees payment to providers, credit to patients, and simplicity for all.
PayMedix is our innovative payment platform that guarantees payment to providers, credit to patients, and simplicity for all.
New Study Confirms PayMedix Significantly Increases Net Cash Yield from Commercial Revenue for Hospitals and Healthcare Providers
March 08, 2023 – At a time when 41% of U.S. adults have some form of healthcare debt, Health Payment Systems, Inc. (HPS)|PayMedix announced its PayMedix healthcare financing solution increases cash yield for healthcare organizations by as much as 9.5%, based on analysis reviewed by the Validation Institute.
PayMedix Flips Healthcare Payments Risk Model Upside Down by Underwriting Employers, Not Patients
February 08, 2023 – Discussing the company’s late January fundraise of $25 million, HPS/PayMedix CEO Tom Policelli told PYMNTS’ Karen Webster that PayMedix is just “better” than any other available form of healthcare BNPL financing. Based on his explanation, it may not be an overstatement “We offer credit to all consumers at a given employer regardless of their credit history,” he said.
Milwaukee health payments tech firm raises $25M to scale nationwide, add jobs
January 26, 2023 – A Milwaukee-based health payments company recently secured $25 million from investors to finance its plan for major nationwide growth. Wisconsin health insurer Health Payment Systems Inc. (HPS) and PayMedix intend to use the new capital to scale the PayMedix technology platform, which is designed to help patients and health providers pay and collect medical bills.
Access to Credit: An Opportunity to Advance Health Equity
November 17, 2022 – A healthy population is the common goal of any community yet achieving this can be a complex task. We must prevent disease as much as possible, improve the quality of our treatments, and make the systems through which we disseminate these tools much more efficient — all at the same time.
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