Company leader
Tom Furr
Founder and CEO
PatientPay
Tom Furr is founder and chief executive of PatientPay, which collects what a specialty patient owes without a paper statement and a phone call.
Building Kinetics
After a bachelor's degree in finance from East Carolina University, in 1993 he co-founded and was president of Kinetics, one of the early online-commerce tools for a small business, with channel partners that included Wells Fargo, First Union, and Netscape. In 1995 he sold Kinetics to MobileSmith. He later was chief operating officer and chief strategy officer there, and a director, and he ran acquisitions that added e-commerce and sales-force software to a healthcare applications business.
Founding PatientPay in 2008
In 2008 he learned that most healthcare payments still moved on paper and manual entry, and he went back to starting companies. He founded PatientPay to digitize the paper bill a practice's software prints and send it to patients by email so they can pay online. "We've gone to really extensive efforts to make sure this is a great user experience," he said. The company, based in Durham, North Carolina, handles patient payment for specialty care and for billing firms.