Cedar Named to the New York Digital Health 100 for Third Consecutive Year

Exclusive list recognizes most exciting and innovative health startups in the New York region

Cedar, an enterprise financial engagement platform that improves the end-to-end journey for consumers, today announced that for the third consecutive year it has been named to the New York Digital Health 100 (DH100), a recognition that highlights the most exciting and innovative startups in the New York region. Digital Health New York (DHNY) publishes the annual list as part of the New York Healthcare Innovation Report, a comprehensive analysis that takes an in-depth look at the data, trends and people that have propelled New York to become the capital of healthcare innovation.

“Healthcare organizations must re-evaluate how they engage with patients and members in light of increased financial pressures and the demand for more consumer-friendly experiences,” said Florian Otto, CEO and co-founder of Cedar. “We have experienced strong demand for Cedar’s platform due to these trends, and are helping to reduce friction across the industry. We are honored to be recognized by the DH100 for the third year in a row, signaling not only Cedar’s strong presence in the New York healthcare market, but also our wider impact across the industry at large.”

“In 2023, the New York Digital Health 100 includes an incredibly diverse, innovative and forward-thinking set of companies and leaders that are making an impact on the future of healthcare,” said Bunny Ellerin, Co-Founder and CEO, DHNY. “On behalf of the entire New York healthcare ecosystem, we are delighted to spotlight these organizations, support their growth and applaud them for their meaningful contributions to improving healthcare.”

Now in its 4^th year, the DH100 had double the number of applicants compared to 2022. With this explosive growth, the scope of the list greatly expanded, and now represents 35 new companies; counts 12 unicorns among its ranks; has 23 organizations that are led by female CEOs; and 37 of the companies on the list raised $1.6B in 2022.

Cedar’s mission is to empower individuals to easily and affordably pursue the care they need. The Cedar Suite delivers a consistent and unified experience across the patient journey, from appointment confirmation and price estimates pre-service to final payment post-service. And with the launch of the Payer Intelligence Layer late last year, Cedar’s platform consolidates payer and provider data into a single source of information for consumers managing medical bills.

To download a copy of the New York Healthcare Innovation Report, please click here.

About Cedar

Cedar is committed to improving the healthcare billing experience for all. With an innovative platform that connects providers and payers, Cedar empowers healthcare consumers with an optimized journey—all powered by data science and interactive design. For Cedar clients, this leads to improved financial outcomes, more efficient operations and greater consumer loyalty. To learn more about why leading U.S. healthcare organizations trust Cedar to manage the end-to-end financial experience from pre-registration to post-visit billing, visit www.cedar.com and join us on LinkedIn, Twitter, Facebook and YouTube.

About Digital Health New York (DHNY)

Digital Health New York (DHNY) is the premier network of CEOs, entrepreneurs, investors, payers and providers driving New York’s healthcare ecosystem. DHNY works to increase the visibility of New York as a leader in healthcare innovation, showcases the organizations and leaders curating the future of healthcare, and brings people together to share ideas, spark new directions and create success. For more information, visit www.dhny.co.

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