PayMedix/TempoPay has announced the appointment of David Kinsey as its new Vice President of Sales, a move that underscores the company's commitment to revolutionizing healthcare payment solutions. Kinsey's extensive experience in the healthcare and employee benefits industry positions him as a key player in driving the company's growth and expanding its innovative financing solutions to more employers and healthcare providers.
With a background that includes leadership roles at Aetna and Cigna Healthcare, Kinsey brings a proven track record of success in healthcare sales and strategic relationship building. His expertise is expected to enhance PayMedix/TempoPay's ability to offer flexible, interest-free financing options for healthcare services, a critical need in today's economy where high out-of-pocket costs often deter individuals from seeking necessary medical care.
Tom Policelli, CEO of PayMedix/TempoPay, highlighted the significance of Kinsey's appointment, noting the growing demand for affordable healthcare payment solutions among health systems, employers, and benefits administrators. Kinsey's role will focus on leveraging his industry knowledge to forge new partnerships and expand the company's footprint, particularly in the Southeast region.
Kinsey's enthusiasm for his new role reflects the potential impact of PayMedix/TempoPay's solutions on the healthcare industry. By providing employees with a financial safety net for healthcare expenses, the company aims to improve employee retention, reduce absenteeism, and ultimately lead to healthier outcomes. This approach addresses a longstanding challenge in the healthcare system: the avoidance of care due to financial constraints, which often results in worse health outcomes and higher costs.
The partnership between PayMedix and TempoPay offers a comprehensive solution to the problem of high out-of-pocket healthcare costs. PayMedix's history of processing over $5 billion in medical payments, combined with TempoPay's innovative TempoPay Visa® card, provides employees with flexible, interest-free financing options. This dual approach not only benefits employees but also supports healthcare providers and employers in managing costs and improving access to care.
As healthcare costs continue to rise, the appointment of David Kinsey and the expansion of PayMedix/TempoPay's services represent a significant step forward in addressing the challenges of healthcare affordability and accessibility. The company's focus on innovative payment solutions has the potential to transform the employee benefits landscape and make healthcare more accessible to individuals regardless of their credit history.
