Asset Manager

Updated:

Cedar

Cedar is an SEC-registered investment adviser in LAKE OSWEGO, OR, registered since 2008. The firm manages $1.2 billion in assets, with $892 million on a...

Cedar logo

Cedar

Cedar is an SEC-registered investment adviser in LAKE OSWEGO, OR, registered since 2008. The firm manages $1.2 billion in assets, with $892 million on a discretionary basis. It has 10 employees and 6 investment advisers.

General information

Firm type

Asset Manager

Year founded

2016

Location

Region

North America

Country

United States

City

Lake Oswego

Corporate office

New York, NY, United States

Additional offices

Shanghai · Pennsauken · San Francisco · Palo Alto · Mountain View

Sector focus

Digital HealthEnterprise SoftwareAI/MLFinTech

Frequently asked questions

Does Cedar replace a provider’s entire revenue-cycle stack or sit on top?

Cedar sits on top of existing electronic health records and practice-management systems, absorbing patient-facing billing, payments, coverage checks, and support into a single integration. Providers keep their core claims and coding infrastructure while Cedar handles the post-adjudication financial experience. The firm describes its deployment as unifying fragmented patient-payment tools rather than displacing a health system's back-end revenue-cycle engine.

What concrete outcomes do providers cite from using Cedar?

ApolloMD reported an observable collections lift soon after conversion, and USAP's chief administrative officer stated Cedar outperformed every solution they had tested. Advanced Dermatology & Cosmetic Surgery noted higher patient satisfaction scores and reduced billing confusion. The firm itself claims higher collections and lower cost to collect, though it does not publish audited averages across its book.

How does Cedar’s voice agent Kora fit into the platform?

Kora is an intelligent voice agent that handles inbound patient billing calls in natural language, integrated into the same financial data platform that powers Cedar's digital payment and coverage workflows. It can negotiate payment plans, answer balance questions, and route complex cases to a human agent, with the stated goal of automating routine support interactions without degrading the patient experience.

Which markets and provider segments does Cedar target?

Cedar sells to health systems, large physician groups, and clinician-service agencies. Its named enterprise partners include Allina Health, LCMC Health, Novant Health, Highmark, USAP, Talkiatry, and ApolloMD — indicating a focus on scaled ambulatory and inpatient providers with complex patient-payment volumes. The firm has not disclosed activity in dental, veterinary, or other ancillary care verticals.

Is Cedar’s pricing tied to collections performance or is it SaaS?

Cedar describes its commercial model as aligned with client outcomes, though the exact structure — percentage of collections lift, transaction fee, subscription, or hybrid — is not publicly disclosed. Customer quotes reference measurable collections increases, suggesting a performance-linked component is core to the commercial relationship.

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