#United States #Allentown #Series A Funding #Healthcare Affordability #AblePay Health

AblePay Health Secures $20 Million in Series A Funding

AblePay Health, a company dedicated to improving healthcare affordability, has successfully completed a Series A funding round, raising $20 million. This investment was spearheaded by F-Prime, with notable participation from A1 Health Ventures and .406 Ventures. The funds are aimed at driving further growth, enhancing technology, and expanding AblePay's services for both patients and healthcare providers.

Founded in 2016, AblePay Health has been on a mission to support patients in managing out-of-pocket medical expenses, a critical issue as healthcare costs continue to rise. According to data from the Centers for Medicare & Medicaid Services, Americans paid $591 billion out of pocket for healthcare in 2025—a 6% increase from the previous year. These escalating costs create significant hurdles for patients navigating their healthcare journeys, while providers become increasingly reliant on patients' ability and willingness to pay.

John Fistner, the Founder and CEO of AblePay Health, emphasized the dual impact of rising healthcare costs: "Healthcare affordability affects both sides of the bill. Patients need a better way to manage the cost of care, and providers need a better way to collect the revenue they have already earned. We designed AblePay to address these critical needs."

The healthcare affordability landscape is complex, with a significant portion of financial responsibility falling on patients. AblePay aims to bridge this gap by offering a unique, technology-driven platform that guarantees payment on a predictable schedule. This model not only benefits patients—by providing flexible payment options and free access to the AblePay Advocacy Team for billing inquiries—but also helps healthcare providers achieve better revenue performance.

F-Prime's Principal, Nikhil Marathe, praised AblePay's innovative approach, stating, "AblePay has built a differentiated model that addresses a significant market pain point for both healthcare providers and patients. The combination of a compelling value proposition for patients and meaningful operational benefits for healthcare organizations makes this investment particularly exciting for us."

As AblePay enters its second decade of operations, this additional capital places the company in a robust position to expand its reach and capabilities. With a commitment to simplifying the payment experience, AblePay continues to develop solutions that promote patient financial engagement while fostering stronger outcomes for healthcare providers.

The ongoing challenges in healthcare affordability remain a pressing concern, but with strategic investments like this, companies like AblePay are poised to make substantial strides in alleviating the financial burden on patients and enhancing the overall healthcare experience.

About AblePay Health

AblePay Health is focused on helping patients save on medical expenses and improving financial performance for healthcare providers. By partnering with health systems, it seeks to streamline the payment experience and tackle existing affordability challenges.

About F-Prime

F-Prime is a global venture capital firm that invests in innovative healthcare and technology companies. Backed by over 50 years of industry expertise, it partners with entrepreneurs to create transformative businesses.

About A1 Health Ventures

A1 Health Ventures is a venture capital firm dedicated to healthcare technology investments, with support from health systems managing over 110 hospitals and serving millions of patients annually.

About .406 Ventures

.406 Ventures focuses on early-stage investments in healthcare, data + AI, and cybersecurity, leveraging two decades of experience to support pioneering companies led by visionary entrepreneurs.