Cedar Updates

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Cedar Named a Top 100 Healthcare Technology Company of 2021

We’re proud to announce that Cedar has been ranked among the Top 100 Healthcare Technology Companies of 2021 byThe Healthcare Technology Report.The 20...

Written by

Claire Bevan

Published on

August 24, 2021

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Cedar Updates

We’re proud to announce that Cedar has been ranked among the Top 100 Healthcare Technology Companies of 2021 by The Healthcare Technology Report.

The 2021 Top 100 list represents some of the most innovative digital health companies, including well-known names such as Johnson & Johnson, 3M Health Care, and Illumia, and relatively newer but rapidly growing enterprises such as GRAIL, Capsule, and DNA Script.

Alongside the awardees who saw unique opportunities to transform healthcare with groundbreaking technology, Cedar is on a mission to empower us all to easily and affordably pursue the care we need. At a time when consumer-friendly, digital-first experiences are more critical than ever in healthcare, Cedar’s financial technology platform is equipped with modern intelligence to solve many of the fundamental problems that lead to poor consumer financial experiences and administrative waste—radically transforming the healthcare financial experience for everyone.

Over the past two years, Cedar has experienced remarkable growth: we raised more than $350 million in funding from investors such as Andreessen Horowitz and Tiger Global, bringing Cedar’s valuation to $3.2 billion. We acquired OODA Health, enabling us to create a healthcare system built for consumers, where providers and payers work together to offer an exceptional and affordable financial experience. We were also named a top place to work by Forbes and Inc. Magazine.

Today, Cedar engages with around 12 million consumers annually—more than 300,000 patients each day—and partners with more than 55 healthcare providers and payers, including Yale New Haven Health (YNHHS), Summit Health, Novant Health, Allina Health, Providence, ChristianaCare, Blue Cross Blue Shield of Arizona, CommonSpirit Health and Blue Cross Blue Shield of Massachusetts.

The complete profile and Top 100 list is available here.

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See how Cedar connects the dots

01
Smiling woman with curly blonde hair using a smartphone and laptop.
Increase patient payments

with an empathetic, easy-to-understand billing experience.

02
Two overlapping translucent rounded rectangles, one pink and one purple, on a light green background.
Contain
cost-to-collect

with self-service solutions and fewer vendors to manage.

03
Drive patient
satisfaction

with transparent billing and flexible payment options.

04
Improve the staff experience

with agile, streamlined tools that mirror the patient’s view.