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Cedar Named to the Inaugural Hall of Fame by Digital Health New York (DHNY)

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February 6, 2025

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Celebrates 28 companies that have built the foundation of NY’s Digital Health Ecosystem

Cedar, the leading financial experience platform for healthcare providers, today announced that it has been named to the inaugural DHNY Hall of Fame, recognizing those organizations that built the foundation of New York’s thriving digital health ecosystem. Digital Health New York (DHNY) published the new Hall of Fame in conjunction with the 2025 New York Healthcare Innovation Report which analyzes the digital health sector’s investment trends, challenges, and opportunities.

“A lot has changed since we started Cedar in 2016. The average healthcare deductible has tripled, 40% of patient responsibility now comes from those without coverage, and nearly half of consumers report their healing suffers when struggling to pay medical bills,” said Florian Otto, CEO and Co-Founder of Cedar. “We are honored for Cedar to be included in the Digital Health New York Hall of Fame, a recognition that underscores our commitment to transforming the healthcare financial experience and delivering innovative, personalized solutions that make it easier for people to understand, manage, and pay for their care.

“The companies recognized in our Hall of Fame represent the very best in innovation and transformation in healthcare, driving progress that has strengthened the industry and significantly improved care delivery, experiences, and outcomes,” said Bunny Ellerin, CEO, DHNY. “We are excited to celebrate these visionary organizations that have shaped the foundation of New York’s dynamic digital health ecosystem.”

Cedar is committed to tackling healthcare affordability at its core. As the only platform that unifies every element of the patient’s financial journey—from insurance discovery and HSA activation to personalized payment and assistance solutions like Medicaid enrollment, Cedar is uniquely positioned to address affordability and define excellence in patient financial experience.

Inaugural sponsors of the DHNY Hall of Fame are CFGI and Wilson Sonsini. To download a copy of the New York Healthcare Innovation Report, please click here. For more information on how Cedar is addressing the root cause of healthcare affordability and connecting patients to the resources they need, download Our Year in Review and Vision Ahead report.

About Cedar

Cedar is the leading financial experience platform for healthcare providers who prioritize patients. Cedar delivers healthcare’s top patient financial experience platform for modern revenue cycle teams. Starting with consumer-grade technology, we offer the only platform that integrates a patient’s billing and benefits information in one simple payment experience. Our platform is a must-have for finance leaders to increase patient payments while boosting patient loyalty. To learn more, visit www.cedar.com and join us on LinkedIn, X, and YouTube.

About Digital Health New York (DHNY)

Digital Health New York (DHNY) is a connected community of digital health leaders who share ideas, spark new directions and create success across the entire ecosystem. As an organization, we seek to increase the visibility of New York City as a leader in healthcare innovation and showcase the companies and leaders creating the future of healthcare. Our flagship event, DHNY Summit, brings together an elite group of entrepreneurs, investors, payers, providers and executives to cultivate the New York digital health community and drive impactful conversations around the current and future state of digital health. DHNY was founded in 2022 in collaboration with AlleyCorp. For more information or to join DHNY’s mailing list, please visit www.dhny.co.

Contact

Jenny Fiegoli
[email protected]

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