VisitPay (formerly known as iVinci Health), a Boise, Idaho-based patient financial health platform provider, completed a major funding round of undisclosed amount.
The round was led by Norwest Venture Partners with participation from Ascension Ventures.
The company intends to use the funds to accelerate growth.
Led by Kent Ivanoff, CEO, VisitPay provides a cloud-based platform that enables hospitals and health systems to increase the amount paid on patient balances because patients can control their financial health. The online platform is powered by proprietary segmentation and scoring models that deliver personalized patient payment and financing options while driving sustainable economic outcomes for healthcare providers.
VisitPay is available for deployment at hospital systems nationwide. Users include Intermountain Healthcare and St. Luke’s Health System, among others.