Healthcare Innovator Simplee Presents SimpleePAY Patient Payments Platform at Money2020

Simplee Is Changing the Way Patients Pay and Engage With Healthcare Providers


LAS VEGAS, NV--(Marketwired - Oct 9, 2013) - Money2020 - Simplee®, an enterprise cloud platform for patient payments, will present Simplee®PAY, its innovative patient payments and engagement solution for the healthcare industry, today at Money2020's Launchpad360 program.

Simplee is changing the way patients engage and pay medical bills. The SimpleePAY enterprise solution empowers healthcare providers with a single, modern, consumer-focused platform to engage patients and transform payment into a trusted, self-service experience. Providers use SimpleePAY to reduce reliance on expensive collection methods, optimize for point-of-service (POS) payment, and improve patient satisfaction.

"Simplee is proud to represent innovation in healthcare at what is the world's leading payments and financial service conference in Money2020," said Simplee CEO Tomer Shoval. "The SimpleePAY platform addresses the challenge of rising patient responsibility by elevating patient billing and payments into a hub for patient engagement defined by clarity, convenience, and trust.."

Shoval will highlight the company's demonstrated success in driving rapid adoption of online collections, improving staff productivity, and raising patient satisfaction in partnership with healthcare providers during his Money2020 Launchpad 360 presentation on Wednesday, October 9th, 2013 at 9:49am in the Pinyon Ballroom.

Simplee recently revealed a Series B investment from Heritage Group and its Healthcare Innovation Fund, a strategic initiative focused on investments in businesses that improve the delivery of healthcare services.

Simplee also previously shared results of its implementation with El Camino Hospital, the hospital of Silicon Valley. Within its first six months of using SimpleePAY, El Camino Hospital significantly expanded patient online "self-service" payments, reduced operational costs, and raised patient satisfaction.

Since its launch in 2011, Simplee has managed more than two billion dollars in patient medical expenses and processes millions in patient payments each month across thousands of medical providers. For more information on SimpleePAY, please visit http://www.simpleepay.com/.

About Money2020

Money2020 brings together the worldwide community of innovators--including from payments, financial services, retail, mobile, marketing services, data and technology--that is profoundly changing how consumers and businesses manage, spend and borrow money. Money2020 will be held on Oct. 6-10, 2013 at the Aria in Las Vegas, and is on track for 4,000 attendees, including 300+ CEOs, from more than 1,500 companies and 50 countries. For more information visit www.money2020.com.

About Simplee

Simplee® is a leader in the Digital Health revolution who is changing the way patients engage and pay bills. Headquartered in Palo Alto, Calif., Simplee empowers healthcare providers to engage patients as consumers and transforms payment into a trusted, self-service experience.

Simplee®PAY is a next generation platform for patient payment and engagement that drives rapid online/POS adoption, minimizes the needs for collection agencies, and increase patient satisfaction. Simplee®Wallet is a popular consumer service that complements SimpleePAY by enabling patients to manage and pay all their family medical bills in one trusted, convenient place using their insurance accounts.

For more information on Simplee, visit www.simplee.com.

Contact Information:

Press Contact:
Michael Azzano
Cosmo PR
415.596.1978