Cedar vs PayMedix
Cedar
The AI-powered healthcare financial experience platform, built for the rising cost and complexity of healthcare payments
820 employees · est. 2016 · New York, United States
PayMedix
Guaranteed payment to providers, guaranteed credit for patients. Simplicity for both
20 employees · est. 2021 · Milwaukee, United States
Cedar is the older company (2016 vs 2021); Cedar is the larger of the two.
Side-by-Side Comparison
| Metric | Cedar | PayMedix |
|---|---|---|
| Founded | ||
| Founded | 2016 older | 2021 |
| Headquarters | ||
| Headquarters | New York, United States | Milwaukee, United States |
| Employees | ||
| Employees | 820 larger | 20 |
| Industry | ||
| Industry | Financial Services, Fintech, Health Care | Financial Services, Health Care, Information Technology |
| Funding Stage | ||
| Funding Stage | Series D | Private Equity |
| Total Funding | ||
| Total Funding | $419.36M | $25.00M |
| Funding Rounds | ||
| Funding Rounds | 6 | 3 |
| Services | ||
| Services | End-to-end patient payments, Implementation, Integrations and security, Cedar Orthodontics | Not tracked yet |
| Target Customers | ||
| Target Customers | Healthcare providers, Payers, Patients | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Healthcare FinancePatient Financial ExperienceRevenue Cycle ManagementPatient EngagementHealth TechnologyConsumer Technology +7 | Healthcare Payment PlatformPatient BillingGuaranteed PaymentsMedical Payments ProcessingPPO NetworkHMO Network +8 |
| Website | ||
| Website | cedar.com | paymedix.com |
About Cedar
Cedar, founded in 2016, is a United States-based startup that positions itself as "The leading financial experience platform for healthcare providers who prioritize patients." Offering a consumer-grade technology, Cedar delivers healthcare’s top patient financial experience platform for modern reven...
About PayMedix
HPS / PayMedix PayMedix, a division of Wisconsin-based HPS, is dedicated to solving the problem of high out-of-pocket costs for providers, patients, employers, and TPAs. The company guarantees payments to providers and offers understandable statements and flexible payments for all patients, fundame...
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Compiled from the BounceWatch company index. We last looked at Cedar on 7 Feb 2025, and PayMedix on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
