New York City, NY – According to filings with the U.S. Securities and Exchange Commission, Cedar Cares is raising $268,361,010.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Florian Otto played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Cedar Cares
We take care of end-to-end billing, so you can take care of patients. We combine expertise from the worlds of healthcare, tech and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, we personalize the care journey to take each patient to payment with ease. Cedar’s mission is to empower us all to easily and affordably pursue the care we need. At a time when consumer-friendly, digital-first experiences are more critical than ever in healthcare, Cedar’s financial technology platform is equipped with modern intelligence to solve many of the fundamental problems that lead to poor consumer financial experiences and administrative waste in healthcare — radically transforming the healthcare financial experience for everyone. Since 2016, Cedar has provided a smarter, more efficient way for hospitals, health systems and medical groups to manage the patient payment ecosystem and create a personalized financial experience, while also dramatically improving billing operations.

To learn more about Cedar Cares, visit http://www.cedar.com/

Contact:
Florian Otto, Chief Executive Officer
917-470-9310
florian.otto@cedar.com
https://www.linkedin.com/in/florianotto/

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