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Cedar/Fierce Healthcare This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Cedar, a company that helps hospitals get paid, is buying similar startup Ooda for $425 million.  It said that combining with Ooda would help it make paying medical bills easier for patients. The deal comes as hospitals uncompensated care continues to rise, hitting $41.6 billion in 2019.  Two tech startups that help hospitals and doctors get paid are joining forces. Cedar said Thursday that it s buying Ooda Health for $425 million. Together they ll be able to address many of the problems people face when paying for healthcare, Cedar said.

United statesFlorian ottoAndreessen horowitzSeth cohenFooda healthTerms of serviceCommonspirit healthConcord health partnersNovant healthYale new haven healthAmerican hospital associationYork based cedarSan francisco based oodaTiger global managementThrive capitalConcord health