Startup Spotlight: CareCap lets healthcare providers offer flexible payment plans to patients

Team CareCap.
In his years helping companies get out of financial distress, Nevil Hermer observed a trend. Healthcare deductibles were increasing and employees in need of care were becoming more and more squeezed for money. “Given my background in HR, which has included managing healthcare insurance for every business I’ve been with, I saw the opportunity quickly,” he said. “Understanding the reasons behind the increasing deductibles and recognizing that the patient-responsible portion for healthcare was going to continue to grow, we figured there was an opportunity to build CareCap.” CareCap’s platform lets businesses and healthcare providers design payment plans for customers and patients that can’t… Read More
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