PayMedix/TempoPay Appoints David Kinsey as Vice President of Sales to Drive Growth in Healthcare Payment Solutions

September 5th, 2024 2:00 PM
By: Newsworthy Staff

PayMedix/TempoPay has named David Kinsey as Vice President of Sales during a period of accelerated growth. This appointment aims to expand the company's innovative healthcare payment solutions, which provide interest-free financing for medical services regardless of credit history.

PayMedix/TempoPay Appoints David Kinsey as Vice President of Sales to Drive Growth in Healthcare Payment Solutions

PayMedix/TempoPay, a company specializing in innovative healthcare payment solutions, has announced the appointment of David Kinsey as its new Vice President of Sales. This strategic move comes at a time when the company is experiencing rapid growth in its offerings of interest-free financing for healthcare services, regardless of patients' credit histories.

In his new role, Kinsey will spearhead sales initiatives focused on expanding the reach of PayMedix/TempoPay's solutions. His efforts will concentrate on building strategic relationships across the healthcare industry, with a particular emphasis on the Southeast region. Kinsey's extensive background in healthcare and employee benefits is expected to be a significant asset in driving the company's growth.

Tom Policelli, CEO of PayMedix/TempoPay, expressed enthusiasm about the appointment, stating, "As more health systems, employers, and benefits administrators across the country continue to look for ways to lower costs and provide affordable access to healthcare for employees, we're seeing increased interest in our flexible financing and payments solutions." Policelli emphasized that Kinsey's knowledge and experience will enhance the company's ability to serve providers and employers seeking alternative healthcare payment options.

Kinsey joins PayMedix/TempoPay with an impressive track record in the healthcare industry. Most recently, he served as an Executive Director at Aetna, where he led the Healthcare Business Solutions team to achieve 60% growth over five years. His leadership and collaborative efforts at Aetna earned him the Chairman's Leadership Award. Prior to Aetna, Kinsey held a position as Senior Client Manager at Cigna Healthcare, where he was recognized with the Gold Circle award for top sales results.

The appointment of Kinsey aligns with PayMedix/TempoPay's mission to address the pressing issue of high out-of-pocket healthcare costs. The company's solution aims to provide a financial safety net for employees, potentially improving retention and reducing absenteeism for employers. Kinsey expressed his enthusiasm for the role, stating, "The PayMedix/TempoPay solution is a game-changer, offering a straightforward and effective approach to tackling the demanding issue of high out-of-pocket healthcare costs."

Brian Marsella, President of PayMedix/TempoPay, highlighted the potential impact of Kinsey's appointment, saying, "By ensuring individuals have access to financial resources to get care when they need versus when they think they can afford it, we can break the cycle of care avoidance, which historically has led to sicker patients entering the system, worse outcomes and increased costs."

PayMedix, which began as the financing arm of Wisconsin-based HPS, has processed more than $5 billion in medical payments for hospital systems and physician practices. The company's solution can be implemented in conjunction with any PPO or HMO network, offering flexibility for healthcare providers and payers.

TempoPay, a partner company, focuses on helping employers provide their employees with interest-free financing and flexible repayment options for medical costs. The TempoPay Visa® card allows employees to manage their healthcare expenses without added stress, promoting financial security and potentially leading to improved health outcomes.

As healthcare costs continue to rise and out-of-pocket expenses become a growing concern for many Americans, the appointment of David Kinsey as Vice President of Sales at PayMedix/TempoPay signals the company's commitment to expanding access to innovative payment solutions in the healthcare industry. This move could potentially impact how individuals access and pay for healthcare services, addressing a critical need in the current healthcare landscape.

Source Statement

This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,

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