FinPay

About FinPay

FinPay operates in the healthcare financial management sector, focusing on improving the patient financial experience. The company serves healthcare providers and patients, aiming to address the affordability crisis in healthcare. FinPay's business model revolves around pre-care engagement, which involves educating patients about their financial responsibilities before they receive care. This approach includes providing cost transparency and offering affordable payment options to ensure patients can manage their medical bills effectively. FinPay makes money by partnering with healthcare providers, who pay for the company's technology and services to improve their financial interactions with patients. The company leverages technology to automate patient engagement, using a risk stratification and financial clearance rules engine to deliver the necessary financial education and transparency. By doing so, FinPay helps healthcare providers get paid for their services while ensuring patients have a clear understanding of their financial obligations.