Company Fact Sheet

Brief description

An innovative new alternative to dental insurance, PayDent offers a host of benefits for patients and dental care providers, including that it:

  • Eliminates all insurance hassles — there are no claims, rejections or service limitation, and all procedures are covered;
  • Gives dentists fair compensation for the work they perform — the equivalent of a major dental insurance company’s premier in-network plan;
  • Offers patients fair pricing — 15% off the average national ADA rates; and
  • Provides patients with a dental-care savings account, enabling them to accumulate funds to pay for their dental care.

Other benefits of PayDent include:

  • No upfront costs or annual fees for dentists or patients;
  • No lost contributions, unlike most health savings accounts;
  • No lost monthly premiums, unlike discount card plans; and
  • No loss of unused benefits.

PayDent operates on any web browser, and on iOS and Android mobile devices.

Mission

To make dental care attainable, affordable and hassle free for everyone

Website

Founders

Kevin Patterson, a Chicago-area dentist with 34 years of experience, and Steve Valentor, a successful serial entrepreneur and engineer.

Ownership

Private

Funding

Private

Public launch

Sept. 14, 2021

Headquarters

Chicago

Advisers

Experienced dentists and corporate executives with expertise in business, data analytics and insurance.

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