Online Medical Billing Startup Simplee Raises $10M
Simplee is an online medical billing startup that has raised a $10 million Series B round of funding led by the Heritage Group. Based in Palo Alto, California, Simplee has raised a total of almost $18 million. The Social+Capital Partnership and Greylock Partners also participated in this round.
Simplee helps healthcare providers collect out-of-pocket payments from patients, according to GigaOM. Patients can have more transparency on their medical bills as well.
The company recently integrated their services with the El Camino hospital in California. Simplee can match a patient’s hospital bill with their insurer’s explanation of benefits so that charges can resolved and bills can be paid online.