VisitPay, a Boise, Idaho-based patient financial health platform, received an investment from Flare Capital Partners.
The amount of the deal was not disclosed. Flare Capital’s involvement came a month after VisitPay announced its first professional investors, Norwest Venture Partners and Ascension Ventures.
Led by Kent Ivanoff, co-founder and CEO, VisitPay provides hospitals and health systems with a cloud-based platform with segmentation and analytics tools and patient consumers with a solution for managing their healthcare bills.
The company’s technology is now used by major health systems with total net patient revenue of $30B.