Willkie represented Loyale Healthcare, a leading provider of patient payment and engagement solutions, in its acquisition by RevSpring.
On March 3, RevSpring, a leading provider of patient engagement, communications and payment solutions, announced it has acquired Loyale Healthcare, represented by Willkie, in a combination that expands the company’s payment solutions and brings complementary capabilities to the customers of both organizations. RevSpring is a portfolio company of GTCR, a leading private equity firm.
Health Insight Capital, a subsidiary of HCA Healthcare, was an investor in Loyale prior to the acquisition. HCA Healthcare is a customer of both RevSpring and Loyale, with Loyale’s solutions deployed throughout its hospitals and employed physician clinics.
Based in Lafayette, California, Loyale and its leadership team bring 27 years of expertise delivering leading financial engagement solutions for complex business environments. RevSpring has built the industry’s most comprehensive and impactful suite of patient engagement, OmniChannel communications, and payment solutions backed by behavior analysis, propensity-to-pay scoring, contextual messaging, and user experience best practices.
The Willkie deal team was led by partners Craig Menden, Matthew Berger and Tiffany Lee.