NewPayHealth

Website

NewPayHealth, Inc.

3 Investors
Healthcare Technology
LOS ANGELES, CA

NewPayHealth, Inc. is a forward-thinking healthcare technology company that aims to alleviate the financial burden of healthcare costs faced by businesses and their employees. By leveraging advanced Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs), NewPayHealth provides solutions that tap into significant savings on medical expenses.

Products & Team

NewPayHealth Platform

Healthcare SavingsSeed

The NewPayHealth Platform is a sophisticated tool that employs artificial intelligence to critically analyze employee medical bills and identifies opportunities for tax deductions and reimbursement claims. This platform can provide retrospective reviews of medical bills dating back as far as ten years to maximize savings.

Value Proposition

The platform effectively addresses the challenge of escalating healthcare costs by helping businesses recover costs and unlock hidden revenue streams, ultimately benefiting both employers and employees.

Pain Points

Businesses face rising healthcare costs, complicating employee benefit offerings and financial management; employees seek ways to maximize their healthcare benefits amidst these rising costs.

AI-driven analysis of medical billsIdentifies tax deductions and reimbursement opportunitiesRetroactive review capabilities for up to 10 yearsSecure transaction handling for payments
Industry
Other Technology
Primary business sector
Founded
2025
Year established
Location
LOS ANGELES, CA
Primary headquarters

Funding History

Total Raised:
$3.7M
E

Equity Offering

February 2025
$4.2M
Target
Progress
88%
Raised
$3.7M
Target
$4.2M
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