Core Insights - Trinity Capital Inc. has committed $40 million in growth capital to Paytient, a healthcare payments company focused on improving access and affordability of care [1] - Paytient enables employers and insurers to provide cost-sharing solutions that allow patients to manage out-of-pocket healthcare costs over time without interest or fees [2] - Paytient currently serves over 23 million members and partners with nearly 7,000 employers, insurers, and providers, embedding cost-smoothing solutions into health plan designs [3] Company Overview - Paytient is transforming healthcare access and affordability by offering employer- or health plan-embedded payment solutions for various out-of-pocket expenses [6] - Trinity Capital Inc. is an alternative asset manager that focuses on delivering consistent returns through private credit markets, with a diverse range of business verticals [5]
Trinity Capital Inc. Provides $40 Million in Growth Capital to Paytient