Offering and Sales Amounts Total Offering Amount State(s) of Solicitation (select all that apply)Ĭheck “All States” or check individual Statesġ3. Minimum Investment Minimum investment accepted from any outside investor Business Combination Transaction Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?ġ1. Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Securityġ0. Option, Warrant or Other Right to Acquire Another Security Type(s) of Securities Offered (select all that apply) X Duration of Offering Does the Issuer intend this offering to last more than one year?ĩ. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)Ĩ. Principal Place of Business and Contact Information Name of IssuerĬlarification of Response (if Necessary):Ħ. Jurisdiction of Incorporation/OrganizationĢ. UNITED STATES SECURITIES AND EXCHANGE COMMISSIONġ. The reader should not assume that the information is accurate and complete. “In the span of a few months we’ve seen the number of patients who rate their billing experience as ‘good’ or ‘excellent’ improve by more than 40 percent.The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. "The early results from our VisitPay implementation are extraordinary,” Bert Zimmerli, EVP and CFO at Intermountain, said in a statement. Intermountain, which just began deploying the technology this past spring, is also seeing results. Luke's Health System in Idaho and Orego, which has had VisitPay deployed since 2014, has seen a 50 percent increase in patient satisfaction ratings and a 20 percent increase in patient payment rates, according to VisitPay. While the problem of patients not paying has always existed in healthcare, rising deductibles have made it more common, and more damaging, to health system bottom lines.
#Kent ivanoff ivinci software#
By making it easier for patients to pay for their care, the software helps hospitals increase the number of patients that make their payments. It also allows patients to set up tailored installment payment plans, all online. The platform allows patients to see what they need to pay by integrating data from the patient's health plan and data from the health provider. VisitPay offers hospitals an online payment platform for patients. “We are excited to begin this next stage of our journey and look forward to dramatically expanding the number of health systems and patient consumers we can serve.” It can be implemented across multiple billing systems in as little as 10 weeks,” Kent Ivanoff, CEO of VisitPay, said in a statement. “Our cloud-based technology is in demand from patients and providers alike in this age of high-deductible health plans. VisitPay also rebranded (it was formerly known as iVinci Healthcare) and announced a new customer, Intermountain Healthcare. Ascension Health, which invests on behalf of a number of health systems, contributed to the round as well. VisitPay, a Boise, Idaho-based healthcare payments startup, has raised $15 million in a round led by Norwest Venture Partners.
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