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M&A: AmerisourceBergen Acquires Fintech Solution FirstView Financial

by Fred Pennic 08/19/2021 Leave a Comment

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What You Should Know:

– Today, global healthcare company AmerisourceBergen announced it has acquired FirstView Financial (FirstView), a fintech solutions provider that delivers innovative digital payment processing services to support patient affordability and access programs, pharmacy and provider networks, and payors and plan administrators.

– The addition of FirstView to AmerisourceBergen’s existing suite of manufacturer services  positions the company to meet the increased demand for patient support and healthcare solutions as waves of specialty products enter the market. By adding these tech-driven payment and processing solutions, AmerisourceBergen is best positioned to help its pharma partners reduce barriers throughout the treatment journey.

FirstView Financial Background

Founded in 2006, FirstView supports organizations across the pharmaceutical industry—from pharmaceutical manufacturers to hub providers and specialty pharmacies—by delivering seamless payment solutions that help partners manage and execute effective patient support programs. Powered by its omni-channel digital technology platform, ProXe360®, FirstView provides program administration and payment processing services, including real-time copay payments and claims adjudication services. The platform supports a broad range of payment options, including digital and mobile payment capabilities that increase convenience and expedite the payment process.

Through its ProXeclaim® adjudication service, FirstView helps manufacturers implement and manage complex claims transactions in closed networks of specialty pharmacies and provides them with flexible solutions that can help patients and pharmacies navigate barriers that affect access.  Financial details of the acquisition were not disclosed.

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Tagged With: Healthcare Mergers & Acquisitions, Revenue Cycle Management

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