CA-based PatientFi Secures Growth Equity Investment from Questa Capital. The deal’s total value was not made public. With the money, the business hopes to strengthen its position as the industry leader in its primary areas of expertise for patients and elective healthcare practices.
Read also – IL-based Ascent Technologies Acquired Waymark
PatientFi, led by CEO Todd Watts, offers a platform for payments that medical practitioners use to give their consumers more reasonable options for covering out-of-pocket medical costs.
It puts subscription memberships and flexible, monthly payment plans at the forefront of healthcare practices, making operations and treatments more affordable and accessible for patients. The business currently provides services to a nationwide network of patients and healthcare providers.
Read also – FL-based Odyssey Secures $6Million in Funding
Todd Watts said: “We share a very similar thesis for where our target market will be in five years, and this capital will allow us to continue investing in our people and technology to accelerate our market position. We are excited to welcome our new partners to the team and look forward to working closely with Brad Sloan as a new member of the Board of Directors, and the entire Questa team.”
About PatientFi
A friendly payment option for out-of-pocket medical and dental procedures is provided to patients by PatientFi®, a technology-based point-of-sale financing company that collaborates with healthcare providers. They provide services to a wide range of medical specializations, such as medical spas, plastic surgery, dermatology, ophthalmology, dentistry, audiology, and fertility.
Read also – NYC-based Tandym Group Acquired Kolter Solutions
