PayMedix is a division of Wisconsin-based HPS. PayMedix is dedicated to solving the problem of high out-of-pocket costs for everyone: providers, patients, employers and TPAs. By guaranteeing payments to providers and offering understandable statements and flexible payments for all patients, PayMedix is changing the way people access, use, and pay for healthcare. PayMedix has processed more than $5 billion in medical payments for hospital systems and physician practices and can be implemented in conjunction with any PPO or HMO network.
Location: United States
Employees: 11-50
Total raised: $33M
Founded date: 2021
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.01.2026 | - | $33M | Escalate C... |
Mentions in press and media 7
| Date | Title | Description |
| 13.01.2026 | HPS/PayMedix Secures $33M to Scale Guaranteed Healthcare Payments | What You Should Know – HPS/PayMedix secures $33M in combined equity and debt financing to accelerate the growth of its healthcare financing and payments platform. – Led by HLM Investment Partners, the funding will be used to expand the PayM... |
| 13.01.2026 | HPS/PayMedix Raises $33M in Equity and Debt Financing | HPS/PayMedix, a Milwaukee, WI-based healthcare financing and payments solutions provider, raised $33M in equity and debt financing. HLM Investment Partners, led a $16M growth equity investment with participation from Escalate Capital Partne... |
| 13.01.2026 | HPS/PayMedix Secures $33 Million Investment | MILWAUKEE, Jan. 13, 2026 /PRNewswire/ -- HPS/PayMedix, the leading healthcare financing and payments solutions provider, today announced it has closed $33 million in equity and debt financing to accelerate the growth of its groundbreaking P... |
| 30.04.2025 | TempoPay Launches Rx Financing Solution to Combat Prescription Non-Adherence Due to Cost | What You Should Know: – TempoPay, a subsidiary of healthcare financing provider PayMedix announced the launch of TempoPay Rx, a new financing solution specifically designed to help individuals afford prescription medications and address the... |
| 06.08.2024 | HPS/PayMedix Acquires TempoPay to Simply Healthcare Payments | What You Should Know: – HPS/PayMedix, a leading provider of healthcare financing solutions, announced the acquisition of TempoPay, an innovative payments platform designed to help employees manage healthcare costs. Financial details of the ... |
| 26.01.2023 | HPS/PayMedix to Expand $25M for Healthcare Financing Solution | What You Should Know: |
| - | HPS / PayMedix | “PayMedix is a technology platform that simplifies America’s complex, inefficient and costly healthcare billing and payments process.” |