Cedar

A lot has changed since we started in 2016: 💵 40% of patient responsibility now comes from those without coverage 📈 The average deductible has tripled 🤒 Nearly half of consumers report their healing suffers when struggling to pay medical bills Cedar's mission—to empower us all to easily and affordably pursue the care we need—has never been more urgent. Through new investments in GenerativeAI and an expanding ecosystem of partnerships, we’re doubling down on tackling affordability at its core. Our Year in Review and Vision Ahead report shows how we’re building healthcare’s first comprehensive affordability solution—so paying for care never compromises health. Download now: https://lnkd.in/dutTsw-h

🚀 How do you make the healthcare experience more accessible and affordable? Cedar’s Head of Commercial Strategy Dugan Winkie joined Rodrigo Hutt on the Health Catalyst Podcast to dive into exactly that. In this episode, Dugan shares insights from the front lines of healthcare innovation, discussing the challenges and lessons learned in scaling a business that puts patients first. 🎧 Listen now: https://lnkd.in/euZJnRCS

AI is advancing at an exponential pace, reshaping industries and economies with unprecedented speed. At our CEO Council last month, Cedar's Florian Otto sat down with Bret Taylor, Co-Founder of Sierra, to explore the reality behind AI’s exponential growth—and what it means for healthcare. ❗ The key takeaway? The U.S. has the best, but also the most expensive healthcare — and Agentic AI has the potential to not only reduce costs but also raise the bar on the patient experience.

Attending The Hill's Heath Next Summit on Wednesday? Don't miss Cedar's Ryan McPherson on the biggest opportunities in digital health — including medical debt — that Washington can help address. To learn more or request to attend (in-person or virtually), visit: https://lnkd.in/gy3pdkPz #TheHillHealth

Over 60 million Americans—about one-fifth of the U.S. population—live in rural areas. These communities face unique challenges, including geographic isolation, limited healthcare providers, and financial barriers, often leading to skipped care. At this year’s Cedar CEO Council, Sanford Health President and CEO Bill Gassen shared how the largest rural health system in the U.S. is addressing these challenges head-on. Sanford Health is leveraging technology, educational programs, and strategic partnerships to ensure that quality healthcare is accessible to all, regardless of ZIP code.

The affordability crisis isn't going away. Download Cedar's Year in Review and Vision Ahead for access to the strategies leading health systems use to bridge the gap and ensure financial stability: https://lnkd.in/dutTsw-h

At this year’s Cedar CEO Council, we tackled one of the biggest challenges in healthcare: affordability. After all, no amount of billing efficiency will help a patient facing a $10,000 bill they can’t afford. Featuring insights from Erin L. Duffy of USC Schaeffer Institute, Nicole Cooper, DrPH, MPH of United Way, and Laura Herman of Cedar, this discussion pushed beyond surface-level fixes—to explore the structural, operational, and relational shifts needed to make care truly accessible. 💡 Key takeaways: • Price transparency is a step forward, but it does not provide enough information for patients to assess affordability • Health and financial security are interconnected, and solutions must address both • 54 million U.S. households earn just above the Federal Poverty Level, but less than what it costs to make ends meet—otherwise known as ALICE (Asset Limited, Income Constrained, Employed)

We need to talk about ALICE. They're Asset Limited, Income Constrained, Employed households that make up nearly a third of America—growing twice as fast as all others—and they often fall outside traditional poverty measures while increasingly lacking insurance coverage. We recently sat down with Stephanie Hoopes from United Way of Northern New Jersey to discuss what this means for healthcare providers. Watch the full conversation: https://lnkd.in/eJawgrf5

Despite regional differences and varying impacts of macro forces across healthcare providers, one trend is clear: Self-pay patient responsibility is growing—and it could only accelerate in 2025. Read our full analysis: https://lnkd.in/e2nuk284

Last week we announced our collaboration with Twilio to improve the patient billing experience. By leveraging Twilio’s flexible and innovative solutions, we're building an AI-powered patient financial experience that can: ✅ Streamline communication ✅ Offer a seamless payment experience ✅ Personalize patient support Read more in HIT Consultant Media https://lnkd.in/ec3n8wjp