KING OF PRUSSIA, Pa. – (April 21, 2016) – FinPay, LLC, a financial technology and payments company for healthcare providers, announced that it has been selected to present at the 2016 Angel Venture Fair as one of America’s top startups. As the oldest angel venture conference in the Mid-Atlantic region, the Angel Venture Fair is the annual consortium of private angel investors across the Mid-Atlantic region. The conference will be held April 26 at the Union League in Philadelphia.
“Since the advent of the Angel Venture Fair, dozens of companies like FinPay have raised millions of dollars through meeting investors at the Fair or raising their visibility by participating in the Fair,” said Marc Kramer, executive director of the Private Investor’s Forum. “The companies are reviewed by 80 judges that are Angel Investors in the region.”
“FinPay is excited to present at this year’s Angel Venture Fair, and our selection is yet another validation that our platform is well positioned to solve one of the biggest problems in the healthcare industry,” said Christopher Wolfington, FinPay’s CEO. “Patient out-of-pocket medical expenses will surpass $400 billion this year, and most health systems are ill-equipped to efficiently adapt to this shift in financial responsibility. Our ability to provide a practical solution to this problem will quickly establish FinPay as the market leader and de facto standard for patient payments in healthcare.”
For more information about FinPay’s Healthcare Solutions, visit FinPay at www.finpay.net.
About FinPay, LLC
FinPay, LLC is a financial technology and payments company for healthcare providers, delivering comprehensive payment solutions that utilize data analytics to identify common denominators of patients that create a high financial risk to healthcare providers. FinPay develops customized financial clearance policies that target and segment patients who match the defined high-risk criteria in order to provide the financial education and payments options to increase the patients’ propensity to pay. FinPay’s patent-pending cloud-based payment platform provides automation of all payment methods such as installment plans, consumer medical loans, grants, and traditional payments like credit/debit cards and checks.