Insight
R1's Acquisition of VisitPay
Insight
R1's Acquisition of VisitPay
May 4, 2021
Winston & Strawn LLP represented R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, in its acquisition of VisitPay, the leading digital payment solution provider for approximately US$300M in cash. VisitPay’s cloud-based platform is used by the nation’s largest and most innovative health systems to transform the payment experience and drive both improved patient satisfaction and higher collection yield. With these added capabilities, R1 will be poised to lead the healthcare payments market in price transparency, flexible and personalized payment options, tailored communications, and big data analytics..