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New York based patient financial management platform for hospitals raised a $36m Series B led by Kinnevik along with existing investors Founders Fund and Thrive Capital.
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"In recent years, patient responsibility for healthcare payments has steadily increased. However, few existing revenue cycle solutions are fully targeted toward resolving patient payment challenges, driving increased friction between healthcare organizations and patients," said Florian Otto, co-founder and CEO, Cedar.
https://www.bizjournals.com/newyork/prnewswire/press_releases/New_York/2018/06/25/NY36674
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