Health iPass, a Chicago, IL-based healthtech company, raised $3.0m in additional funding.
This adds to its $7.2m Series A funding.
The round was led by QED Investors.
The company intends to use the funds to expand the reach of its solutions.
Led by founder and CEO Rajesh Voddiraju, Health iPASS provides a patient revenue cycle platform which aims to improve the patient experience from appointment to payment by giving providers the tools to simplify the check-in process and streamline both time-of-service and residual balance patient payments. The solution automates a host of front and back-office financial management tasks such as sending appointment reminders via SMS/Email, patient check-in and intake forms, verification of insurance benefits, and automatic posting of demographic and payment information into a medical practice management system.
Health iPASS currently serves 850+ payers, 90+ practice management systems.