Alipay in the medical sector: $20 million in financing
On May 10th, medical bill management and payment start-up startup Simplee announced the completion of C round of $20 million in financing, with a total financing amount of $37.8 million. This round of financing was led by Social Capital, 83North, Heritage Group, new investor American Express Ventures.
Ted Maidenberg, co-founder of Simplee, said: "Most of the content in the health care field is now mature enough to transform and move toward technology informatization. At present, I feel that medical payment is a good opportunity."
Founded in 2010, Simplee was founded by Tomer Shoval, Roberto Rabinovich and Tom Tsarfati. Simplee provides patients with a comprehensive payment information platform, from pre-diagnosis, in-patient payment to post-diagnosis billing, to build payment trust and open payment channels.
The Simplee financial software payment platform mainly includes:
First, Simplee estimates that the cost estimation module ensures that suppliers can build trust with patients from the outset to attract customers;
Second, the Simplee wallet, users can make personal payments through the Simplee wallet, understand the payment bill details, and track their own medical records online, monitor the distribution of subsidies, and understand the breakdown of expenses, thereby improving patient satisfaction;
Third, Simplee wealth management, to provide users with more friendly financial choices.
Currently, Simplee works with 900 hospitals and physician organizations to cover 5 million customers across the US, and the cost of medical bills for platform management is as high as $1 billion.
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