RevSpring and Apex Revenue Technologies Complete Strategic Combination
LIVONIA, Mich., Oct. 11, 2018
LIVONIA, Mich., Oct. 11, 2018 /PRNewswire-PRWeb/ -- RevSpring, a leading provider of consumer communications, billing, and payments solutions, announced today that it has completed the strategic combination of RevSpring and Apex Revenue Technologies. The combination makes RevSpring a premier healthcare provider of patient revenue cycle engagement, billing, and payments solutions generating over one billion consumer financial communications and $4 billion in consumer payments volume annually. RevSpring will also continue to maintain its focus on the financial services industry, including the critical accounts receivable management (ARM) market.
"The combination of RevSpring and Apex positions the company for significant growth and provides the healthcare and accounts receivable management marketplaces with powerful solutions for engaging patients and consumers with intelligent, analytics-driven technology," said Rahul Gupta, CEO of RevSpring. "Together, we will build on both companies' history of success, further enhance and differentiate our healthcare market opportunity, and work as one team to drive optimum outcomes for our customers and the consumers they serve. We are thrilled to welcome the Apex team to RevSpring."
RevSpring is a leader in patient communication and payment systems that tailor engagement touch points to maximize revenue opportunities in acute and ambulatory settings. Since 1981, RevSpring has built the industry's most comprehensive and impactful suite of patient engagement, communications and payment pathways backed by behavior analysis, propensity-to-pay scoring, intelligent design and user experience best practices. RevSpring leverages "Best in KLAS" software and services to deliver over 1 billion smart medical communications each year that drive increased patient engagement and payment rates. To learn more visit http://www.revspringinc.com.
SOURCE Revspring, Inc.