Cedar bulks up billing platform with $425M acquisition
Healthcare payments startup Cedar acquired another billing startup, OODA Health, for $425 million. The deal would bring together billing tools for providers and payer onto one platform.
Healthcare payments startup Cedar acquired another billing startup, OODA Health, for $425 million. The deal would bring together billing tools for providers and payer onto one platform.
Cedar, a startup developing billing software for health systems and physician groups, raised $77 million in venture capital and $25 million in debt.
MedCity News was at the Vive conference and spoke with executives who shared their insights for the healthcare industry.
Change Healthcare, a Nashville-based company that makes billing and analytics software, is rolling a new software that allows patients to order healthcare services in an ecommerce-like setting. The software allows patients to book, schedule and pay for healthcare services in advance.
MedPilot, a Cleveland-based startup building a platform to improve patient billing, raised another $1.5 million. The company doubled its headcount and added more patients to its platform.