Trinity Capital Inc. has extended its support to Paytient, a healthcare payments company, by providing $40 million to facilitate its market expansion. This funding aims to enhance Paytient's growth into large group employer-sponsored plans, alternative health plans, the ACA marketplace, and Medicare. The investment aligns with the rising trend of incorporating cost-smoothing solutions into health plan benefits. Paytient, currently serving over 23 million members and collaborating with around 7,000 employers, insurers, and providers, is poised for nationwide expansion in 2026 through a strategic partnership with a major national insurer. This move signifies a significant shift in healthcare payment systems, enabling better access and affordability for patients while fostering healthier decision-making within the healthcare ecosystem.
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