Cedar
Cedar
AI-powered patient financial engagement platform processing $10B+ in payments with 22% collections lift and 89% patient satisfaction.
About Cedar
Cedar is a patient self-pay platform that replaces manual revenue cycle workflows with a digital-first billing experience. Founded in 2016 and backed by approximately $425M (peak valuation ~$3.2B), Cedar works with more than 35 provider organizations and has processed over $10 billion in patient payments since 2017. Cedar Pay helps healthcare providers increase revenue with empathetic patient billing, claiming a 22% collections lift and 89% patient satisfaction. The platform streamlines paper-heavy RCM workflows with self-service payment plans, autopay, and plain-language digital statements. In April 2026, Cedar expanded Cedar Intelligence with AI capabilities for personalized outreach timing, channel, tone, and resolution options, plus an AI voice agent for difficult-to-reach patients. Cedar Cover (launched October 2025) screens patients for coverage and routes them through Medicaid enrollment, renewals, and medication assistance. Cedar uses Stripe's Optimized Checkout Suite for payments.
Best For
- • Health systems wanting to modernize patient billing
- • Organizations seeking higher patient payment collections
- • Hospitals needing digital-first billing experience
- • Systems wanting AI-powered patient engagement
- • Organizations with high self-pay patient volume
Not Ideal For
- • Small private practices
- • Practices seeking claims-focused RCM
- • Organizations needing clearinghouse services
- • Practices with minimal self-pay volume
Integrations
Pricing
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Compliance & Security
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Target Audience
Roles
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