Cedar

Healthcare billing and payment platform using AI to handle patient financial experience for hospitals and medical groups[1][3][13]

Overview

Cedar is a healthcare billing and payment platform headquartered at 32 6th Avenue, 18th Floor, New York, NY 10013[1][7]. The company provides an intelligence-driven solution for patient financial engagement, offering Cedar Pay for end-to-end patient payments, Cedar Cover for benefits and financial assistance, Cedar Support for AI-powered patient support, the Kora proactive agentic voice platform, and Cedar Intelligence[4]. Cedar's platform unifies billing, payments, coverage, and support through one intelligent system[3].

Cedar serves health systems, hospitals, and clinician services providers[3]. Its customer base includes Talkiatry, Advanced Dermatology & Cosmetic Surgery, ApolloMD, Allegheny Health Network, Providence Health Services, Novant Health, TeamHealth, USAP, NAPA, LCMC Health, Allina Health, Unio Health Partners, Tend, Highmark, and Sanford Health[5][9]. The company reports serving 58 million patients nationwide, processing 1.3 billion patient payment interactions and $13.6 billion in patient payments[6]. Cedar's investors include Tiger Global, Thrive Capital, Founders Fund, Kinnevik, and Andreessen Horowitz[8].

Headquarters at 32 6th Avenue, 18th Floor, New York, NY 10013 [2]

Cedar's products are Cedar Pay (end-to-end patient payments), Cedar Cover (benefits and financial assistance), Cedar Support (AI-powered patient support), the Kora proactive agentic voice platform and Cedar Intelligence. [4]

Business address: 32 6th Avenue, 18th Floor, New York, NY 10013. [7]

Business address: 32 Avenue of the Americas, New York, New York, 10013. [12]

Customers

Cedar names Talkiatry, Advanced Dermatology & Cosmetic Surgery, ApolloMD, Allegheny Health Network, Providence Health Services, Novant Health, TeamHealth, USAP, NAPA, LCMC Health, Allina Health, Unio Health Partners, Tend and Highmark as customers. [5]

Cedar's press page announced that Sanford Health, "the nation's largest rural Epic health system," selected Cedar to enhance the patient financial experience. [9]

Growth & traction

Cedar publishes 50M patients served nationwide, 58M+ patients served, 1.3B patient payment interactions and $13.6B in patient payments processed. [6]

Cedar reports that NAPA "increased payments from patients with balances after insurance by 71%" using Cedar Pay and that "96% of Talkiatry patients pay their bills online." [10]

Funding history

Cedar lists Tiger Global, Thrive Capital, Founders Fund, Kinnevik and Andreessen Horowitz among its investors. [8]

Partnerships

Cedar's press page describes partnerships with Twilio, which "enables Cedar to streamline communications," with athenaOne practices implementing Cedar in as little as eight weeks, and with dental provider Tend. [11]

P4 alumni

In the news

Alumni 1 went on to found or lead

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