Paytient announced the launch of their Paytient Health platform to expand their suite of health plan affordability solutions for employers and their employees to save money on care and pharmaceuticals.
“Paytient was, is, and will always be a healthcare company on a singular mission: to help Americans better access and afford care. Since founding, we’ve made nearly a billion dollars of interest-free credit available to help people pay for care anywhere — effectively reducing cost as a barrier and helping bring patients and providers together. Step two has always been to give folks what they’ve always wanted: the ability to get safe, great care at a known, affordable price in an easy, private way,” said Paytient Founder and CEO Brian Whorley. “As employers, and their employees, transition from passive payors to active buyers of care, more and more self & complex care will transact on modern, direct care platforms with upfront, clear pricing in order to reduce plan-paid claims while giving employees more choice.”
Paytient Health’s initial offering, “Click-and-Mortar Self-Care,” is powered by strategic partner Catch Health — the innovators who helped build leading digital health brands Artera and SteadyMD. The Click-and-Mortar Self-Care experience begins with chat-based visits (where permissible) with licensed clinicians to address everyday self-care issues like colds, flu, headaches, UTIs, birth control, skin issues, and refilling certain prescriptions (non-narcotic, non-stimulant) within hours — not days or weeks. For higher acuity care that can’t be delivered virtually, navigators guide patients to partnered, high-value healthcare providers in coordination with the sponsoring health plan. The service is available for $29 per visit and can even be paid over time — always without interest or fees.
“We live in an on-demand world, yet getting easy access to high-quality providers and clearly priced, transactable care remains elusive and oddly innovative. We’re proud to partner with Paytient to expand their vision of increasing access to great care when their members need it most,” said Joe Tischler, Co-Founder and CEO of Catch Health. “Members don’t have to worry about when they’ll get care, or how they’ll pay. We’ve crafted a stunningly simple patient care experience.”
When members need to fill a prescription, they can use their Paytient Rx card to access transparent drug pricing and medication options across 35,000 pharmacies. “We know that solutions are needed to improve access to care that’s convenient, private, and costs less. Thirty-one percent of Paytient transactions are used to cover pharmacy expenses, suggesting improved medical adherence with the ability to pay. Lowering the actual price of medicine, coupled with an ability to pay for it over time, will result in more people being able to access and afford their medicine,” said Brian Whorley.
Built for buyers of care, Paytient reduces health-plan-paid claims while ensuring employees can more easily access and afford care. Paytient is partnered with most of the nation’s largest payors like Delta Dental, Cigna and Centene, as well as 1,300+ employers, including Hyatt, R.R. Donnelley, and Commerce Bank.