RevSpring acquires healthcare payment gateway TrustCommerce

Frazier Healthcare Partners’ portfolio institution RevSpring has acquired TrustCommerce, which provides integrated healthcare outgo and information solutions.

In a statement, RevSpring said that the acquisition volition further physique connected its Best successful KLAS diligent fiscal acquisition level arsenic it seeks to velocity up merchandise improvement successful fiscal engagement and payments.

RevSpring CEO Scott MacKenzie said: “This acquisition expands the standard of our level and enhances our capabilities successful integrated payments.

“For providers and partners, the payment is clear: less disconnected vendors, simpler reconciliation, and a much unified payments foundation, portion preserving flexibility and prime successful existing banking and merchant relationships.”

As agreed, RevSpring volition integrate TrustCommerce’s endeavor gateway connectivity into its payments and fiscal engagement platform. The combined institution besides expects to leverage TrustCommerce’s integrated payments footprint.

TrustCommerce CEO Anthony Lucatuorto said: “Integrated payments alteration fragmented transactions into a cohesive, end-to-end fiscal platform, with clearer paths and less gaps.

“Together with RevSpring, we tin assistance providers and partners simplify outgo workflows, grow processing flexibility, and execute greater operational visibility done a single, integrated solution.”

RevSpring said TrustCommerce volition widen its scope successful EHR-integrated payments portion continuing to enactment flexibility successful merchant services.

The institution added that the customers volition beryllium capable to take RevSpring’s merchant level oregon support existing relationships portion maintaining integration.

The expanded gateway integrations volition besides summation connectivity to outgo processors and devices to enactment routing options and bring-your-own-merchant onboarding.

The announcement follows RevSpring’s acquisition of Kyruus Health, which the institution said supports its strategy to supply much connected healthcare experiences.

RevSpring provides communications and outgo solutions for healthcare organisations crossed print, digital, and dependable channels. The institution processes much than 60 cardinal outgo transactions and collects much than $14bn successful diligent payments each year.

"RevSpring acquires healthcare outgo gateway TrustCommerce" was primitively created and published by Electronic Payments International, a GlobalData owned brand.

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