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Paytient Secures $40 Million from Trinity Capital to Fuel Market Expansion
Prnewswire· 2025-06-03 12:00
Core Insights - Paytient has secured $40 million in funding from Trinity Capital to support its expansion into various health plan markets, including large group employer-sponsored plans and the ACA marketplace [1] - The company aims to transform the patient experience by enabling easier access to care and managing out-of-pocket healthcare costs 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 focused on improving how Americans access and afford healthcare through employer- or health plan-embedded payment solutions for various medical expenses [5] - The company is the largest provider of Medicare Prescription Payment Plan (M3P) solutions, powering 40% of the Part D marketplace [7] Market Position and Strategy - The funding will allow Paytient to scale faster and meet the increasing demand from insurers and employers for innovative cost-sharing solutions [3] - The company is positioned well for long-term success due to its proven model, strong leadership, and rapid market traction [4] - Paytient is expanding its partnerships in the ACA marketplace, increasing its active states from 8 to 13, with plans for nationwide expansion in 2026 [7]
Trinity Capital Inc. Provides $40 Million in Growth Capital to Paytient
Prnewswire· 2025-06-03 12:00
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]
Waystar Holding Corp.(WAY) - 2025 Q1 - Earnings Call Presentation
2025-05-09 20:51
Financial Results 1Q'25 Earnings Presentation April 30, 2025 © 2025 Waystar. All rights reserved. FORWARD - LOOKING STATEMENTS This presentation contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that reflect our current views with respect to, among other things, statements regarding Waystar's expectations relating to future operating results and financial position, including full year 2025, and future periods; anticipated future investments; our ...