Paytient, which provides health care payment solutions for consumers, secured a $40 million growth capital investment from Trinity Capital. The funding will support Paytient’s expansion into large group employer-sponsored plans, alternative health plans, the Affordable Care Act (ACA) marketplace, and Medicare. The Paytient solution offers health plan-embedded out-of-pocket affordability and cost-smoothing solutions as part of health plan benefits.
Paytient partners with employers and health plan sponsors offering high-deductible health plans (and other configurations) to provide an interest-free sponsored line of credit (called a Health Payment Account). The Health Payment Account can be used with a high-deductible health plan, and it can link to a a health savings account, a flexible savings account, a health reimbursement account, or other health benefits. All charges made to the Paytient card must be repaid.
Eligible employees receive a Paytient card that they use at the point of care. After using the card, they can split the balance into manageable payments to be deducted from future paychecks or another linked payment method over a period of time. The Paytient card can be used to pay for out-of-pocket expenses in approved merchant categories including medical, dental, vision, pharmacy, behavioral health, and even veterinary care. The merchant categories can vary by sponsor.
Health systems can subsidize the cost of the Paytient card for local employers who want to offer it to their teams. Employees can use the card to pay for care with the health system’s facilities and clinical professionals.
The Paytient card cannot be used to pay health insurance premiums. Additionally, before issuing a Paytient card to an individual, Paytient ensures that the individual can afford the monthly minimum payments. The affordability analysis compares the individual’s income to expenses, as disclosed on the individual’s application. Paytient’s analysis does not affect consumer credit scores.
Paytient currently serves over 23 million members and partners with nearly 7,000 employers, insurers and provider organizations, including major payers who now embed cost-smoothing solutions into their plan designs as a standard affordability benefit.
Trinity Capital Inc. is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources, structures, and invests in well-capitalized growth-oriented companies. The company consists of five distinct business verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences. Trinity Capital offers services across the United States and in the United Kingdom.
This was reported by Paytient on June 3, 2025 (accessed June 23, 2025).
Contact information: Paytient, 3601 Endeavor Ave., Ste. 109, Columbia, Missouri, 65201; Website: https://www.paytient.com/
August 2025 00US25EUA0023