Rivia Health
Rachel Mertensmeyer, CEO & Co-Founder of RexPay: Rachel has over a decade of product development and management experience in Fortune 100 companies; including Unilever and Avon in New York and BBDO and WPP in Shanghai. There she managed multiple billion-dollar brands and led cross-functional teams of 50+ people. After experiencing medical bill mayhem personally in 2016, Rachel decided to apply her consumer product development background to create a better medical payments solution for patients. In February 2018, Rachel founded RexPay, a mobile app that helps patients to understand, manage, and pay all of their medical bills in one place. RexPay is a Phoenix-based company employing nineteen team members and has raised over one million in pre-seed funding. RexPay has been highly active in the Phoenix startup community and has been recognized as an Arizona Innovation Competition Awardee, Venture Madness Finalist, and Flinn Foundation Scholarship Awardee. After launching RexPay in the iOS and Android app stores in November 2019, the team is now focused on going to market at a larger scale via their partnerships with Change Healthcare and The Athena Marketplace. Rachel and the RexPay team have attracted a strong group of investors and advisors including Randy Lipps, Founder, and CEO of Omnicell, Brenda Schmidt, Founder, and CEO of Solera Health, and Mick Murray, Former CFO of Blue Shield California among others.
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Rivia Health
Rivia Health brings easeful efficiency to healthcare patient payments. We work with healthcare provider organizations to complement their revenue cycle operations and get them paid more while doing less. Rivia Health alleviates staff overwhelm by reducing manual tasks related to outstanding patient responsibility. Our communication and payment platform integrates with the practice management or RCM system to automate billing workflows like appointment and billing reminders, copay or pre-service payments, and payment plan setup. In addition to saving staff time, Rivia Health also improves financial results by communicating more dynamically to patients about balances across text and email and by making it easier for patients to pay across multiple payment methods with a 3-step, no login required process. Our existing customers have described our results as "Outstanding!" with a 90% reduction in outstanding accounts receivable and 75% of payments are made by day 2, before a paper statement would even arrive.