PrimaHealth Credit
PrimaHealth Credit is a FinTech platform founded in 2014 that enables healthcare providers to offer payment financing to credit-challenged and underbanked patients, headquartered in Newport Beach, California.
- Company typePrivate
- Founded2014
- HeadquartersNewport Beach, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What PrimaHealth Credit does
PrimaHealth Credit is a privately held FinTech platform founded in 2014 and headquartered in Newport Beach, California. The company operates at the intersection of healthcare revenue cycle management and alternative consumer finance, enabling healthcare providers to offer payment solutions to patients who are credit-challenged or underbanked. Its positioning targets a demographic that traditional prime-credit lenders and standard patient financing products tend to underserve, positioning PrimaHealth as a niche B2B2C intermediary between provider workflows and patient affordability.
The company's core offering is a payment-financing platform that healthcare providers integrate to extend payment plans or alternative credit products to qualifying patients. While the input data does not disclose specific technology stack components, underwriting models, or product features, the business model implies a transactional revenue structure — likely a combination of merchant/provider fees, origination charges on patient financing, or spread economics on credit extended. The platform's value proposition to providers is reduced patient write-offs and improved collections, while patients gain access to financing they would not obtain through mainstream lenders.
PrimaHealth Credit has raised modest early-stage capital across multiple rounds, including a $1 million raise in June 2015 and subsequent participation from Loeb.nyc and Kli Capital. The company employs between 11 and 50 people and is led by founder and CEO Brendon Kensel, with a small executive team covering operations, systems engineering, and customer experience. The company remains in early-stage operating mode, with no public disclosure of customer counts, transaction volumes, profitability, or recent funding milestones, which constrains external assessment of its commercial traction.
PrimaHealth Credit firmographics
Firmographics- Name
- PrimaHealth Credit
- Legal name
- Xoilac TV
- Website
- https://primahealthcredit.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PrimaHealth Credit is a FinTech platform founded in 2014 that enables healthcare providers to offer payment financing to credit-challenged and underbanked patients, headquartered in Newport Beach, California.
- Ownership category
- akta.pro rank
PrimaHealth Credit industry classification
Industry- Product category
- Healthcare Financing Platform
- NAICS
- Other Nondepository Credit Intermediation (52229), Activities Related to Credit Intermediation (5223)
- SIC
- Personal Credit Institutions (6141), Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Medical & Healthcare Personal Loans (Unsecured Installment) (FSAKAAAF)
- akta.pro secondary industry
- Medication Pricing, Copay Assistance & Patient Financial Support Tools (HLACAKAN)
Keywords
Where PrimaHealth Credit is headquartered
LocationHeadquarters
- HQ city
- Newport Beach
- HQ country
- United States
- HQ region
- North America
Markets served
PrimaHealth Credit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
PrimaHealth Credit product offering
Product offeringCore offering
PrimaHealth Credit is a FinTech platform that empowers healthcare providers to offer financing and payment plan solutions to credit-challenged and underbanked patients. The company provides a point-of-sale lending platform that bridges the affordability gap for medical and dental procedures, enabling providers to extend credit to patients who lack traditional credit access.
Differentiator
Problem solved
Functional benefit
Products and services
- PrimaHealth Credit Platform A FinTech platform that allows healthcare providers to offer financing and payment plans to credit-challenged and underbanked patients at the point of care. Designed for medical and dental practices serving patients who lack access to traditional credit.
Companies that use PrimaHealth Credit
Customer profileIdeal customer profiles1 record
PrimaHealth Credit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PrimaHealth Credit partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights2 records
PrimaHealth Credit competitors and assessment
Company assessmentBroad incumbents
- CareCredit (Synchrony Financial): Synchrony Financial's healthcare financing arm and the dominant provider of patient financing in the US. Directly comparable to PrimaHealth in offering credit for medical, dental, and healthcare procedures through provider partnerships, but at vastly greater scale and balance sheet capacity.
- Affirm: Public BNPL and consumer credit platform with a healthcare vertical. Comparable in offering installment lending to consumers, but operates at much larger scale and across many verticals beyond healthcare.
- Upgrade: Digital consumer lender offering installment loans and credit products to underbanked and prime borrowers. Comparable lending model and underwriting of non-prime consumers, though not healthcare-specific.
- OneMain Financial: Established consumer lender focused on non-prime and credit-challenged borrowers via installment loans. Comparable underwriting focus on underbanked consumers, though its distribution is direct rather than provider-embedded.
- LendingClub: Public fintech offering consumer loans and banking products to a broad credit spectrum. Comparable in digital consumer credit underwriting but lacks PrimaHealth's healthcare-provider embedded distribution.
Direct peers
- AccessOne: Healthcare-focused patient financing platform that partners with hospitals and health systems to offer low- and no-interest payment plans. Closely aligned with PrimaHealth's B2B2C model targeting credit-challenged patients through provider origination.
- ClearBalance Healthcare: Patient financing and revenue cycle solution used by hospitals and health systems to extend interest-free or low-interest payment plans. Comparable business model, provider-led distribution, and patient credit focus.
- Enhance Health: Digital financing platform offering patient lending solutions through healthcare providers, focused on elective and specialty procedures. Comparable provider-embedded model targeting underbanked patients.
- MedPro Healthcare Billing: Specialty in healthcare patient financing and lending programs for medical practices. Comparable provider-distribution approach and patient credit underwriting.
Emerging players
- Walnut: Healthcare-focused patient financing and affordability platform that splits large medical bills into installments. Overlaps with PrimaHealth on point-of-care patient lending but typically targets a broader patient demographic.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
PrimaHealth Credit social profiles
Digital presencePrimaHealth Credit financial estimates
Financial estimateRevenue estimate
Valuation estimate
PrimaHealth Credit leadership team
Management profileNumber of profiles
Profiles6 records
PrimaHealth Credit funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PrimaHealth Credit 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 PrimaHealth Credit
What does PrimaHealth Credit do?
PrimaHealth Credit is a FinTech platform that empowers healthcare providers to offer financing and payment plan solutions to credit-challenged and underbanked patients. The company provides a point-of-sale lending platform that bridges the affordability gap for medical and dental procedures, enabling providers to extend credit to patients who lack traditional credit access.
Is PrimaHealth Credit a public or private company?
PrimaHealth Credit is a private company. It is classified as venture growth investor backed and is currently operating.
When was PrimaHealth Credit founded?
PrimaHealth Credit was founded in 2014. It employs 11 to 50 people.
Where is PrimaHealth Credit based?
PrimaHealth Credit is headquartered in Newport Beach, United States, in the North America region.
Who are PrimaHealth Credit's main competitors?
Broad incumbents on record are CareCredit (Synchrony Financial), Affirm, Upgrade, OneMain Financial and LendingClub. Direct peers are AccessOne, ClearBalance Healthcare, Enhance Health and MedPro Healthcare Billing. Walnut is listed as an emerging player.
Does PrimaHealth Credit have an API?
No public API is recorded for PrimaHealth Credit.
What industry is PrimaHealth Credit in?
PrimaHealth Credit's product category is Healthcare Financing Platform. Its primary akta.pro industry code is FSAKAAAF, Medical & Healthcare Personal Loans (Unsecured Installment), with a secondary code of HLACAKAN, Medication Pricing, Copay Assistance & Patient Financial Support Tools. Its NAICS code is 52229 and its SIC code is 6141.