Patientco
Patientco is a private Atlanta-based healthcare fintech founded in 2009 that builds patient billing and payments software to help health systems improve financial care and collections across the patient journey.
- Company typePrivate
- Founded2009
- HeadquartersAtlanta, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Patientco does
Patientco is a private, for-profit healthcare financial technology company headquartered in Atlanta, founded in 2009. The company's stated mission is to improve financial care across the patient journey while increasing payments and revenue for health systems, positioning it as a patient-billing and payments platform aimed at large provider organizations.
The company operates in the patient financial experience layer of the revenue cycle, building software that connects patients with their health system billing processes across pre-service estimation through post-service payment. The company employs 51–100 people, consistent with a mid-stage private software business serving enterprise healthcare clients.
Patientco has raised approximately $34.6 million across disclosed funding events, with the largest being a $28 million round in 2018 led by Accel-KKR alongside healthcare-specialist investors Sandbox Industries and The Blue Venture Fund (a Blue Cross Blue Shield strategic vehicle). Earlier rounds featured Sandbox and the Blue Venture Fund, and a 2016 transaction involved Pamplona Capital Management. A smaller 2021 raise of roughly $2.9 million suggests bridge or extension activity rather than a new primary stage. Leadership is anchored by CEO Bird Blitch with a board chair and VPs covering Customer Success, Customer Experience, Culture & Experience, and Legal, indicating a retention-oriented operating posture. No pricing model, specific product modules, named customers, or revenue figures are disclosed in the available source material.
Patientco firmographics
Firmographics- Name
- Patientco
- Website
- https://patientco.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Patientco is a private Atlanta-based healthcare fintech founded in 2009 that builds patient billing and payments software to help health systems improve financial care and collections across the patient journey.
- Ownership category
- akta.pro rank
Patientco industry classification
Industry- Product category
- Healthcare Patient Payments Software
- SIC
- Services-Health Services (8000), Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Patient Financial Engagement (Estimates, Billing Presentment, Payments) (HLACAEAI)
- akta.pro secondary industry
- Healthcare Billing & Patient Payments Presentment (FSAMAJAH)
Keywords
Where Patientco is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Markets served
Patientco business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Patientco product offering
Product offeringCore offering
Patientco sells a patient financial care platform aimed at top US health systems, intended to improve financial care across the entire patient journey. The offering is positioned to simultaneously raise patient payment collections and revenue for the provider organization. Specific named product modules, pricing tiers, and technology components are not detailed in the available source material.
Product overview
Waystar offers an end-to-end revenue cycle management software platform. The Patient Payments solution serves as the core product for patient financial care, supported by complementary modules including Patient Estimation, Price Transparency, Advanced Propensity to Pay, Agency Manager, Eligibility Verification, Coverage Detection, Charity Screening, and Authorization. These modules integrate within a single platform to provide pre-to-post-service payment management with AI-powered personalization, automated reconciliation, and omni-channel patient communications.
Differentiator
Problem solved
Functional benefit
Companies that use Patientco
Customer profileIdeal customer profiles1 record
Patientco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Patientco partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights3 records
Patientco competitors and assessment
Company assessmentBroad incumbents
- Waystar: Waystar offers an end-to-end revenue cycle management platform with a Patient Payments module that directly overlaps Patientco's core product. As a much larger incumbent serving thousands of providers, Waystar is the most strategically relevant comparable.
- Phreesia: Phreesia provides a broad patient intake, engagement, and payment platform to health systems and practices, with overlapping patient financial workflows at greater scale than Patientco.
Emerging players
- PatientPop: PatientPop (a Tebra company) focuses on practice growth, patient communication, and digital patient experience for small and mid-sized practices—a narrower but partially overlapping patient engagement footprint.
- MedEvolve: MedEvolve offers revenue cycle management software with patient estimation and payment functionality, making it a partial comparable in the patient financial engagement category.
Direct peers
- Rectangle Health: Rectangle Health provides patient payment and engagement tools for healthcare practices, with overlapping patient billing, text-to-pay, and digital statement capabilities.
- VisitPay: VisitPay (now part of Waystar) was a direct competitor offering patient billing, estimation, and payment plans to health systems with comparable functionality to Patientco.
- CarePayment: CarePayment offers patient financing and payment solutions to health systems, targeting the same patient responsibility problem Patientco addresses.
- Collectly: Collectly offers digital patient billing, statements, and payments tools aimed at medical practices and health systems—directly comparable in product scope and target buyer to Patientco.
- Cedar: Cedar provides a patient engagement and billing/payments platform for healthcare providers, directly competing with Patientco's patient financial engagement offering for the same health system customer base.
- HealthPay24: HealthPay24 provides patient payment processing, estimation, and billing solutions for hospitals and health systems, overlapping closely with Patientco's workflow focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Patientco social profiles
Digital presencePatientco compliance and trust
Trust signalCompliance4 records
Patientco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patientco leadership team
Management profileNumber of profiles
Profiles7 records
Patientco funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patientco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patientco
What does Patientco do?
Patientco sells a patient financial care platform aimed at top US health systems, intended to improve financial care across the entire patient journey. The offering is positioned to simultaneously raise patient payment collections and revenue for the provider organization. Specific named product modules, pricing tiers, and technology components are not detailed in the available source material.
Is Patientco a public or private company?
Patientco is a private company. It is classified as venture growth investor backed and is currently operating.
When was Patientco founded?
Patientco was founded in 2009. It employs 51 to 100 people.
Where is Patientco based?
Patientco is headquartered in Atlanta, United States, in the North America region.
Who are Patientco's main competitors?
Broad incumbents on record are Waystar and Phreesia. Emerging players are PatientPop and MedEvolve. Direct peers are Rectangle Health, VisitPay, CarePayment, Collectly, Cedar and HealthPay24.
Does Patientco have an API?
No public API is recorded for Patientco.
What industry is Patientco in?
Patientco's product category is Healthcare Patient Payments Software. Its primary akta.pro industry code is HLACAEAI, Patient Financial Engagement (Estimates, Billing Presentment, Payments), with a secondary code of FSAMAJAH, Healthcare Billing & Patient Payments Presentment. Its SIC code is 8000.