a leading provider of patient financing options designed to help
patients manage their healthcare costs, today announced it has closed
its previously announced acquisition of HealthFirst
Financial, a leading software-enabled service provider of patient
financing programs to healthcare organizations. With the close of this
acquisition, AccessOne is now positioned for nationwide expansion,
bringing flexible financing options to all U.S. patients and ensuring
they get the care that they need, when they need it regardless of
"For over a decade, Atrium Health has partnered with AccessOne to create
multiple positive payment programs for all patients in our community,"
explains Steve Burr, senior vice president of patient financial services
at Atrium Health (previously Carolinas Healthcare System). "It was
important to us to help the people who need it the most. Over 30,000 of
our patients are enrolled in our flexible patient financing program,
which bolsters our patient satisfaction and reduces bad debt."
With this acquisition, AccessOne strengthens its position as the clear
growth and innovation leader in our industry. AccessOne is among the
largest and most experienced national platforms for tailored patient
financing solutions in healthcare.
"We are committed to improving the well-being of our communities and a
key component is affordable patient financing," said Kym Clift, Vice
President, Revenue Cycle at Samaritan Health Services. "AccessOne and
HealthFirst Financial coming together means our patients can select from
more affordable options that work best for hem and their families."
Patients are struggling with the affordability of healthcare and are
looking for consumer-friendly pathways to pay their obligation. In
combination with HealthFirst, AccessOne now reaches over 200 hospitals
nationwide and offers the widest array of patient financing options
available in the industry. All patients are accepted, with no negative
outcomes for the patient.
"Our team has over 100 years of combined health system operating
experience, beginning with our founder, Dr. Russell Salton. That
perspective has led us to build technology and products that look much
different from the industry. By adding HealthFirst, we have become the
clear market leader in growth and innovation on a national basis,
allowing us to tailor programs to the strategic requirements of health
systems operating in unique marketplaces," said Mark Spinner, chief
executive officer of AccessOne.
Oregon-based HealthFirst extends AccessOne's offices to the West Coast
and Midwest, while the AccessOne headquarters will remain in Charlotte,
NC. Terms of the acquisition will not be disclosed. HealthFirst was
advised by Marion Financial Corp. and Armstrong Teasdale LLP, while
AccessOne was advised by Womble Bond Dickinson LLP.
Learn more about AccessOne's comprehensive and flexible solutions for
providers and patients at www.accessonemedcard.com.
AccessOne is a leading provider of flexible, co-branded patient
financing solutions. Founded by providers, our solution provides a
consumer-focused experience which drives high patient satisfaction for
our clients. We have helped over one million consumers afford
out-of-pocket medical expenses for health systems nationwide. We offer
the most comprehensive platform in the industry with funding models that
help more providers and programs that reach more patients. All patients
qualify for our program with no credit reporting or negative outcomes.
To learn more, visit www.accessonemedcard.com.
Connect with us on LinkedIn.
About HealthFirst Financial
Founded in 2001, HealthFirst
Financial is a national patient financing leader that has helped
hundreds of thousands of patients afford care while improving the
financial performance of healthcare organizations. HealthFirst Financial
is the first and only company awarded the prestigious Peer Review
Designation from the Healthcare Financial Management Association for its
patient financing programs following a rigorous evaluation of the
overall effectiveness, quality and value of its payment solutions. Born
out of Hawes Group, HealthFirst Financial was part of a full range of
professional service companies including Professional Credit Service,
Hawes Technologies, and HeRO Business Services.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180515005442/en/
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