PatientPay, a Durham, North Carolina-based provider of patient billing and payment services, raised $2.5m in Series A funding.
The round was led by Mosaik Partners.
The company, which has now raised a total of $6m, intends to use the funds to increase adoption of PatientPay as well as expand its capabilities beyond automated bill creation and payment.
Led by Tom Furr, CEO, PatientPay provides a patented, cloud-based service for physician groups and their patients to process and manage bills and balances. The service, which currently reaches more than 30,000 healthcare providers through its current network of Practice Management Software partners, can integrate with any practice management software.