Cherry Technologies, Inc.

Patient financing for medical practices

Cherry provides financing at the point of care, letting medical practices offer payment plans so that cost is not what decides whether a patient proceeds with treatment. Practices treat more patients who would otherwise defer or decline; patients spread the cost of care over time rather than finding it upfront. The effect is to reshape when payment happens in a course of treatment rather than what it totals. The company was founded and is led by Stanford entrepreneurs who had previously built and exited a company together.