Software·RCM

Cedar

New York, United Stateswww.cedar.com1expert edge

Cedar is a New York-based healthcare financial engagement platform that unifies patient billing, payments, insurance coverage and support into a single AI-driven experience for hospitals, health systems and medical groups. Founded in 2016 by Florian Otto and Arel Lidow, it has raised roughly $350M and reaches tens of millions of patients annually.

Why interesting to a deal team

Cedar sits at the patient-pay layer of revenue cycle management, a consolidating, high-multiple software segment. Florian Otto, its co-founder and CEO, is a healthcare RCM operator with venture-scale build experience, making him a credible diligence reference or operating partner for RCM and payments theses.

Experts connected to this company

Florian OttoCo-founded 2016; serves as chief executive officer

Florian Otto

Co-Founder and CEO

Cedar

FounderNew York

Operates the category-defining patient-billing platform, acquired a $425M competitor, and holds live payment-behavior data across major health systems: rare ground truth on RCM demand.

Sources

Structured dataPrimary
cedar.com/about-us
Structured dataOther
research.contrary.com/company/cedar
Structured dataPrimary
cedar.com

Strongest evidenceStructured data3 public sourcesHow the grades work