Cedar - Cedar Unveils Bold Solutions for Healthcare Affordability in 2023, With Continued Focus in Year Ahead

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Press Releases

Jan 8
2024

Cedar Unveils Bold Solutions for Healthcare Affordability in 2023, With Continued Focus in Year Ahead

Through a connected approach to healthcare billing, Cedar will expand its product offerings to lower the cost of care in 2024

Healthcare drives more Americans to bankruptcy than any other sector, and the high cost of care is making consumers sicker. Nearly half of U.S. consumers say that difficulty paying a medical bill has negatively impacted their healing or well-being. That's why in 2023, Cedar brought together providers, payers, financial institutions and government assistance to address the affordability crisis in healthcare.

Dec 7
2023

Cedar Announces the Appointment of Krista Anderson-Copperman to the Company’s Board of Directors

A veteran of Okta and Salesforce, Anderson-Copperman brings extensive experience building and scaling customer success solutions at the leading edge of SaaS

As a seasoned customer success executive and board director, Anderson-Copperman will provide oversight and counsel to Cedar, supporting their mission to create a more affordable, accessible and patient-centric financial experience in healthcare.

Nov 28
2023

Cedar Announces Scott Stockberger as Chief Financial Officer

The seasoned CFO brings strategic finance and corporate development experience growing revenue and driving enterprise value at high-growth payment technology companies

In this role, Stockberger will be an integral member of Cedar’s Executive Leadership Team, where he will be focused on driving top-line growth, profitability and operational excellence across the organization. 

Nov 6
2023

Cedar Partners with Advocatia to Introduce Full-Service Medicaid Enrollment, Reducing Coverage Gap for Millions of Americans

South Carolina-based AnMed is the first to launch the feature, which is part of Cedar's Affordability Navigator, a new integrated suite of financial assistance features

To address accessibility and affordability challenges, Cedar has launched its Affordability Navigator, the healthcare industry's first integrated suite of financial assistance offerings for patients.

Nov 1
2023

North American Partners in Anesthesia Selects Cedar to Streamline the Patient Financial Experience

Implementation of Cedar Pay for the largest single-specialty anesthesia and pain management company will improve patient satisfaction, drive digital engagement and increase patient payments

North American Partners in Anesthesia (NAPA), announced today that it has partnered with Cedar to power the post-visit billing experience for the more than two million patients who receive care annually from a NAPA clinician.

Sep 26
2023

New Data from Cedar, Highmark Inc. and Allegheny Health Network Validates that Payer-Provider Collaboration is Key to Improving Billing Process

Implementation of Cedar Pay with the Payer Intelligence Layer results in a $17 million increase in payments and 90% customer satisfaction  

Highmark Inc. and Allegheny Health Network chose to partner with Cedar to power a connected financial experience that integrates payers, providers and financial institutions. 

Sep 19
2023

Nearly Half of Consumers Report Their Healing Has Been Directly Impacted by Difficulty Paying Medical Bills

Annual study from Cedar reveals that consumers want to pay their bills but face obstacles when it comes to accessing affordable options and understanding their coverage

According to the 2024 Healthcare Financial Experience Study, 47% of consumers saying their well-being or healing has been negatively impacted by difficulty paying a healthcare bill.

Aug 22
2023

Allina Health | Aetna Becomes First in Minnesota to Offer Integrated Billing Experience 

The Cedar Pay platform will work with Allina Health providers and Allina Health | Aetna benefits as a one-stop shop for billing, coverage, deductibles and more

Cedar Pay with the Payer Intelligence Layer combines Allina billing and Allina Health | Aetna health insurance benefit information to make it easier to understand.

Aug 2
2023

Cedar Builds AI-Powered Tools to Improve Healthcare Financial Experience for Patients Across the United States in Collaboration With Google Cloud

Collaboration will accelerate development of large language models within the Cedar Suite to increase transparency and access within healthcare billing process

Ceda announced it is using Google Cloud's generative AI tools, including Vertex AI, Generative AI App Builder and others to build solutions that will assist patients in understanding and resolving their healthcare bills. 

Jul 18
2023

Balancing Systems of Record With Systems of Engagement Necessary for Consumer Access to Affordable, High-Quality and Personalized Healthcare

Conclusions on the state of healthcare consumerism were among the key takeaways from The Health Management Academy + Cedar Consumer Co-Lab, which convened executives from 26 Leading Health Systems

To help LHS execute on their long-term consumer visions and address evolving consumer demands, Cedar and The Health Management Academy recently hosted The Health Management Academy + Cedar Consumer Co-Lab.

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