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Frazier Healthcare Acquires RevSpring to Bolster Payment Solutions in Healthcare

by Jasmine Pennic 03/12/2024 Leave a Comment

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What You Should Know:

– Frazier Healthcare Partners, a leading healthcare investment firm, announced today the successful acquisition of RevSpring.

– RevSpring, a provider of end-to-end communication and payment solutions for healthcare and financial services companies, will join Frazier’s portfolio.

Frazier’s Investment Fuels RevSpring’s Future

The acquisition brings together RevSpring’s established presence in the communication and payment solutions market with Frazier’s deep healthcare expertise and investment capabilities. This partnership aims to:

– Accelerate RevSpring’s growth: Frazier’s investment will fuel RevSpring’s expansion within the healthcare sector.

– Leverage industry experience: Frazier’s knowledge will empower RevSpring to further develop its solutions and services.

The acquisition signifies a significant development for both companies. Frazier gains a foothold in the communication and payment solutions market, while RevSpring leverages Frazier’s resources to solidify its position as a leader in the healthcare sector. By combining RevSpring’s expertise with Frazier’s investment power, this partnership is poised to drive innovation and growth within the healthcare communication and payment landscape.

“We are excited about RevSpring’s next chapter of growth in partnership with Frazier,” said Scott MacKenzie, CEO of RevSpring. “We are proud of the growth and the significant momentum we’ve experienced to date. Partnering with a firm of Frazier’s reputation positions us well to continue to invest in leading solutions that deliver strong outcomes and ROI for our clients.”

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Tagged With: Healthcare Mergers & Acquisitions, Revenue Cycle Management

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