Millennia names Jason Reed as chief financial officer

Millennia said July 30 it appointed Jason Reed as chief financial officer as the Cary, N.C.-based patient payment technology company expands its platform for healthcare providers. Reed brings more than 20 years of finance leadership across healthcare and SaaS, and will help guide accounting, reporting and strategy.

Why it matters: - Millennia is adding a finance executive with deep healthcare and software experience as the company pushes to scale its patient payment platform. - The CFO hire comes as healthcare organizations place more emphasis on patient payment technology and revenue cycle optimization. - Reed’s role is meant to support financial discipline, better decision-making and continued growth.

What happened: - Millennia appointed Jason Reed as chief financial officer on July 30, 2026. - Reed joins Millennia’s executive leadership team in Cary, N.C. - The company said the hire supports its expansion in patient payment technology and patient revenue cycle solutions.

The details: - Millennia provides a unified patient payment solution for healthcare organizations. - The platform is designed to simplify patient billing, increase self-pay collections and improve the patient financial journey. - Millennia serves more than 1,800 healthcare facilities across 43 states. - The company processes more than $400 million in payments annually. - As CFO, Reed will oversee accounting and finance functions. - Reed will also help drive financial reporting and business insights. - Millennia said the appointment reflects continued investment in scalable infrastructure and leadership. - Reed began his career in PwC’s audit practice. - He later spent more than two decades in financial leadership roles across healthcare and SaaS. - At Homecare Homebase, Reed rose from the first in-house accounting hire to executive head of finance. - During that period, Homecare Homebase nearly 20x’d revenue and completed multiple mergers and acquisitions. - Reed also helped support a startup’s Series A round and helped secure debt and equity growth capital for an in-home care services provider. - Millennia’s technology includes digital engagement tools, patient self-pay solutions, analytics, mobile payment options and live patient support services. - The platform is designed to improve patient satisfaction, increase payment recovery and improve operational efficiency for providers.

Between the lines: - The hire signals Millennia is prioritizing financial controls and execution while it scales. - Reed’s background suggests the company wants a CFO who can handle growth, capital strategy and M&A-related complexity. - CEO Scott Pattillo said Reed combines financial discipline with operational insight and can help guide Millennia’s next phase of growth. - Reed said Millennia has built a reputation for innovation and client service in healthcare payments.

What's next: - Reed will take over day-to-day leadership of Millennia’s finance organization. - Millennia is likely to lean on the new CFO as it expands its patient payment platform and pursues broader adoption among healthcare providers. - The company’s next focus appears to be sustaining growth while improving payment performance for clients.

The bottom line: - Millennia is betting that Reed’s mix of healthcare, SaaS and capital-raising experience will help support its growth strategy and strengthen its financial foundation.