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SimplePay Health

SimplePay Health offers a health plan that consolidates all medical expenses into a single monthly statement, giving members real‑time visibility of out‑of‑pocket costs and 0% financing options with a credit incentive for full payment. The platform includes a provider search tool with quality and cost metrics and a Health Valet concierge for personalized support, while employers, brokers, and providers benefit from streamlined enrollment, direct contracted payments, and reduced administrative overhead.

Traction 4/10
Eagan, Minnesota, United States · HQ
Founded 2018192K+ followers
  • Digital Health
  • Enterprise Software
  • Financial Technology
  • Healthcare Technology
  • HR Technology
  • Software Only
Updated today

Funding

Funding rounds are not available yet.

Founders

1 founder

Chad Sather

Client Success Manager

Product

Problem

Patients and employers often face fragmented healthcare billing, unpredictable out-of-pocket costs, and the administrative burden of managing multiple provider invoices, which leads to financial stress and reduced access to high‑quality care.

Solution

SimplePay Health provides an alternative health plan that consolidates all medical expenses into a single monthly statement, allowing members to see their out‑of‑pocket cost before receiving care. The plan offers 0% financing options and a 1.5% credit incentive for full payment, delivering price certainty and financial peace of mind. A built‑in provider search tool uses quality metrics to help members choose high‑value providers, while a dedicated Health Valet concierge assists with cost inquiries, provider selection, and plan details. For employers and brokers, the solution streamlines enrollment, reduces claim‑processing overhead, and aligns incentives by paying contracted rates directly to providers, eliminating patient‑side collections. Providers benefit from guaranteed full payment of contracted rates and a simplified claims workflow, freeing time for patient care.

Target Audience

Primary customers are individual members seeking transparent healthcare costs, employers and brokers managing employee benefits, and healthcare providers looking for streamlined reimbursement.

Features

  • Unified monthly statement covering all medical services, eliminating multiple bills
  • Real‑time provider lookup with quality and cost metrics to identify best‑value care
  • 0% financing option and 1.5% credit for full payment, providing flexible payment terms
  • Health Valet concierge offering personalized support for cost, provider, and plan questions
  • Direct payment of contracted rates to providers, removing patient collections and reducing administrative effort
  • Integration with existing national provider networks (e.g., Aetna Choice POS II) for broad access
This profile is AI-generated and may contain inaccuracies.