R1 RCM, a revenue cycle company for healthcare providers, will acquire patient financial engagement company VisitPay for $300 million, the companies said May 4.
VisitPay's payment platform is designed to improve patient satisfaction and drive higher collection yield by offering consolidated digital statements across multiple visits, care settings and family members.
VisitPay’s platform also uses proprietary analytics drawn from a decade’s worth of healthcare transaction data to deliver financing options designed to meet patients' unique needs.
Read more about the deal here.