R1 RCM Inc., a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, announced it has completed the acquisition of VisitPay, the leading digital payment solution provider.
The acquisition will combine VisitPay’s best-in-class consumer payments platform with R1’s leading patient access technology to enable providers to deliver a seamless financial journey for their patients. With the ability to view digital statements across multiple visits, care settings and family members, patients will have improved transparency into their healthcare costs, along with flexible, personalized payment options that simplify the billing experience. With these added capabilities, R1 is positioned to deliver a highly differentiated technology-driven solution that transforms the patient experience from scheduling to payment.
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“We are pleased to welcome the VisitPay team to the R1 family,” said Joe Flanagan, president and chief executive officer of R1. “We look forward to integrating VisitPay’s capabilities with R1’s functionality to transform the payment experience for patients.”
R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience.
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