Cedar Named to TIME’s Inaugural List of World’s Top HealthTech Companies

Cedar was recognized with the top ranking of “Outstanding” for pioneering purpose-built AI solutions to transform the healthcare financial journey for patients and providers

Cedar, the leading healthcare financial experience platform, has been recognized by TIME as one of the World’s Top HealthTech Companies for 2025. TIME worked in collaboration with Statisa, Inc., a leading international provider of market and consumer data and rankings, to develop the ranking.

The World’s Top HealthTech Companies 2025 ranking recognizes leading innovators advancing healthcare globally through technology. Companies were evaluated using three primary data sources: Financial Performance Metrics, Reputation Analysis, and Online Engagement. Out of thousands of HealthTech companies reviewed, the top 400 were recognized for their outstanding performance across these critical areas.

“It’s an honor for Cedar to be named to TIME’s inaugural list of the World’s Top HealthTech Companies,” said Florian Otto, CEO and Co-Founder of Cedar. “Healthcare doesn’t end at the point of care — the financial journey is just as critical to patients’ wellbeing and to providers’ sustainability, especially as financial responsibility is increasingly falling directly on the patient. Drawing on over a billion patient interactions and partnerships across the healthcare and financial ecosystem, Cedar is focused on making the financial side of healthcare more accessible and affordable for everyone. With advanced AI, we bring these experiences together in one place so providers and patients don’t have to navigate them alone.”

In April, Cedar announced the launch of Kora, its AI voice agent, to automate patient billing calls at leading providers. Live at ApolloMD, Kora brings empathetic and efficient support to patients while helping providers address rising labor costs, staffing shortages, and pressure to improve patient experience while managing operational overhead. Kora is just one of several breakthrough innovations driving Cedar’s mission to simplify and modernize the healthcare financial experience.

To learn more about Cedar’s mission, visit www.cedar.com. To explore career opportunities at Cedar, visit www.cedar.com/careers.

About Cedar

Cedar is the leading healthcare financial experience platform designed to simplify the growing complexity of healthcare payments for providers and their patients. Leveraging advanced AI, insights from a billion patient interactions, and a partnership model rooted in shared accountability, Cedar integrates real-time data from over 200 healthcare and financial partners into a unified platform. This streamlined approach reduces administrative burden, optimizes collections and reimbursement, and provides patients with a personalized, empathetic financial experience, enabling them to confidently manage their healthcare payments. To date, Cedar has supported over 50 million patients nationwide and processed more than $10 billion in payments. Learn more at www.cedar.com and join us on LinkedIn, X, and YouTube.

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