RevSpring, a leading provider of patient engagement and payment solutions, announced Tuesday it has acquired Loyale Healthcare in a combination that expands the company’s payment solutions, and brings complementary capabilities to the customers of both organizations. RevSpring is a portfolio company of GTCR, a leading private equity firm. With this acquisition, RevSpring further strengthens its commitment to serving leading hospital systems and ambulatory providers, and further augments its leading digital communications and payments capabilities with Loyale’s suite of products. The combined companies will facilitate approximately $5.5 billion in payments collected through their systems on behalf of their clients. Health Insight Capital, a subsidiary of HCA Healthcare, was an investor in Loyale prior to the acquisition. HCA Healthcare is a customer of both RevSpring and Loyale, with Loyale’s solutions deployed throughout its hospitals and employed physician clinics.
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Source: http://www.prweb.com/releases/revspring_announces_the_acquisition_of_loyale_healthcare/prweb16952935.htm