Health Payment Systems

Milwaukee, United States Founded: 2005 • Age: 21 yrs
Provider of an all-in-one statement and payment solution for healthcare billing
Annual revenue - Latest available
Total funding $27.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Health Payment Systems

Health Payment Systems is a company based in Milwaukee (United States) founded in 2005. Health Payment Systems has raised $27 million across 3 funding rounds from investors including Hexagon, SVB and SV Health Investors. Health Payment Systems offers products and services including PayMedix, SuperEOB, and Provider Network. Health Payment Systems operates in a competitive market with competitors including Doxo, BillGO, Gerald, Anagram and Papaya, among others.

  • Headquarter Milwaukee, United States
  • Sectors
    Healthcare
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Health Payment Systems, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $27 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Hexagon

    & 3 more

  • Employee Count
    Not available
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Health Payment Systems

Health Payment Systems offers a comprehensive portfolio of products and services, including PayMedix, SuperEOB, and Provider Network.

Product name locked
Category locked
Primary

Guarantees payments to providers and credits to patients for healthcare expenses.

Product name locked
Category locked
Locked

Consolidates healthcare bills into a simple, understandable monthly statement.

Product name locked
Category locked
Locked

Connects users with extensive healthcare providers for cost-effective services.

People of Health Payment Systems

Headcount 50-200
Employee Profiles 29
Board Members and Advisors 6
Employee Profiles
People
Lisa Friend
Senior Payment Posting Specialist
People
Kelly Ragland
Operations Supervisor
People
Alexis Edwards
Provider Database Specialist
People
Tom Policelli
CEO

Unlock access to complete

Board Members and Advisors
people
Tom Torre
Advisor
people
William Gerard
Advisor
people
Tom Flynn
Advisor
people
Kelly Dekeyser
Board Director

Unlock access to complete

Funding Insights of Health Payment Systems

Health Payment Systems has successfully raised a total of $27M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Health Payment Systems

Health Payment Systems has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Hexagon, SVB and SV Health Investors.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund focused on early-stage healthcare startups
Locked Locked Locked
Capital solutions are provided for middle market companies by Caltius.
Locked Locked Locked
Banking services are provided to innovative companies, investors, and individuals.
Locked Locked Locked
Premium access

Investor details for Health Payment Systems

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Health Payment Systems

Investments
Premium access

Investment portfolio details for Health Payment Systems

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Health Payment Systems

Premium access

Detailed financials for Health Payment Systems

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Health Payment Systems Comparisons

Health Payment Systems Primary company
Description
Provider of an all-in-one statement and payment solution for...
Location
Milwaukee, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Health Payment Systems

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Health Payment Systems

Health Payment Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doxo, BillGO, Gerald, Anagram and Papaya, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Bill payments are managed via a mobile app for users.
Locked Locked Locked
Bill payment processing solutions are provided for businesses and consumers.
Locked Locked Locked
Consumer bills are managed and paid via a cloud-based platform.
Locked Locked Locked
Anagram is focused on vision insurance billing solutions.
Locked Locked Locked
Papaya is focused on simplifying billing and payment processes.
Premium access

Detailed competitors of Health Payment Systems

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Health Payment Systems

Premium access

Complete news archive for Health Payment Systems

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Health Payment Systems

Health Payment Systems was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Health Payment Systems is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.

Health Payment Systems is a funded company, having raised a total of $27M across 3 funding rounds to date.

Health Payment Systems was founded in 2005 in Milwaukee, United States, within the healthcare sector. An integrated solution for statements and payments in healthcare billing is offered. Claims and payment data are consolidated and exchanged among stakeholders using patented SuperEOB technology and advanced electronic data interchange. Consumers receive a single monthly statement and payment option. Operations focus on streamlining information transmission for efficiency.

Health Payment Systems's top competitors include Doxo, BillGO and Gerald.

Health Payment Systems offers PayMedix, SuperEOB, and Provider Network.

Health Payment Systems has 4 investors. Key investors include Hexagon, SVB, SV Health Investors, and Caltius Capital Management.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available