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CarePayment logo — Bridging the affordability gap between patients & providers...

CarePayment

Bridging the affordability gap between patients & providers with award-winning, 0.00% APR patient financial engagement.

Founded 2004 United States Brentwood, United States 114 employees IPO Total: $167.50M

General Information

Company Name CarePayment
Founded Year 2004
Location United States Brentwood, United States +2
Employees 114
Funding Stage IPO
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About CarePayment

CarePayment is positioned uniquely at the intersection of healthcare and finance, addressing a critical gap in patient affordability and provider cash flow. Founded in 2004 in the United States, the company offers an award-winning, 0.00% APR patient financial engagement solution. This innovative approach helps patients manage rising out-of-pocket healthcare costs while enabling providers to reduce bad debt and enhance financial stability.

Recognized as the #1 Patient Financing Solution and Medical Loan Technology by Black Book Research in 2022, 2024, and 2025, and awarded Best of KLAS for Patient Financing Services in 2023, CarePayment demonstrates a track record of excellence and market leadership. Despite its longevity, the last financial update came in 2017 with a $7.50M Post-IPO Equity investment. Investors evaluating CarePayment should note the potential for growth within the expanding healthcare financial services sector, driven by increasing consumer demand and provider necessity.

Taxonomy: Patient Financial Engagement, 0.00% APR Financing, Out-of-Pocket Healthcare Expenses, Medical Loan Technology, Bad Debt Reduction, Cash Flow Improvement, Patient Financing Solution, Healthcare Affordability, Financial Health Protection, Patient Financing Services, Financial Performance Improvement, Healthcare Providers Financial Health, Award-winning Solutions, Healthcare Financial Technology

Services & Products

Patient Financing Programs
Healthcare Provider Partnerships
Financial Engagement Platforms
Regulatory Updates and Analysis
Patient Satisfaction Solutions

Target Customers

Healthcare Providers Patients seeking financial aid for medical expenses Healthcare Administrators

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Post Ipo Equity •••••• - 01 Dec 2017
Growth Equity Vc •••••• - 01 Aug 2017
Acquisition •••••• - 01 Mar 2017
Post Ipo Debt •••••• 2
Investor Investor
01 Feb 2015
Post Ipo Debt •••••• 1 •••• •••• 01 May 2014

View All 6 Funding Rounds

CarePayment Alternatives & Competitors

CarePayment vs
HELP Financial Corporation
HELP Financial Corporation United States

For over 30 years, HELP Financial has pioneered Patient Financing Solutions. Affordable financing, m...

23 employees
Financial Services, Health Care
CarePayment vs
Penguin Pay
Penguin Pay United States

Data-driven prescription affordability, 0% interest loans for costly prescriptions.

1 employees
Finance, Financial Services
CarePayment vs
ClearBalance Healthcare
ClearBalance Healthcare United States

Transforming Healthcare Financing, Empowering Patients.

66 employees
Health Care
Compare CarePayment vs ClearBalance Healthcare
Also compare with: CarePayment vs Proceed Finance Proceed Finance CarePayment vs AccessOne AccessOne

FAQ About CarePayment

Bridging the affordability gap between patients & providers with award-winning, 0.00% APR patient financial engagement.
CarePayment was founded in 2004.
CarePayment is headquartered in Brentwood, United States.
CarePayment has approximately 114 employees.
CarePayment has completed 6 funding rounds, raising a total of $167.50M. The latest funding stage is IPO.
CarePayment offers: Patient Financing Programs, Healthcare Provider Partnerships, Financial Engagement Platforms, Regulatory Updates and Analysis, Patient Satisfaction Solutions.
Top alternatives and competitors to CarePayment include HELP Financial Corporation, Penguin Pay, ClearBalance Healthcare, Proceed Finance, AccessOne. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CarePayment and HELP Financial Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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