RevSpring, a Frazier Healthcare Partners portfolio company, has acquired TrustCommerce®, a portfolio company of Waud Capital Partners and a leading provider of end-to-end integrated healthcare payment and security solutions. Building on RevSpring's Best in KLAS® patient financial experience foundation, the combined company will accelerate innovation in financial engagement and integrated payments, helping provider and payer organizations simplify payment complexity, consolidate vendors, and improve operational control from transaction through reconciliation.

"This acquisition expands the scale of our platform and enhances our capabilities in integrated payments," said Scott MacKenzie, Chief Executive Officer of RevSpring. "For providers and partners, the benefit is clear: fewer disconnected vendors, simpler reconciliation, and a more unified payments foundation, while preserving flexibility and choice in existing banking and merchant relationships."

RevSpring plans to integrate TrustCommerce's enterprise gateway connectivity and extensive integrated payments footprint with RevSpring's payments and financial engagement platform to help organizations unify payment operations and improve results across the revenue cycle.

"Integrated payments transform fragmented transactions into a cohesive, end-to-end financial platform, with clearer paths and fewer gaps," added Anthony Lucatuorto, Chief Executive Officer at TrustCommerce. "Together with RevSpring, we can help providers and partners simplify payment workflows, expand processing flexibility, and achieve greater operational visibility through a single, integrated solution."

"TrustCommerce and RevSpring bring deep healthcare experience across the ecosystem, from the nation's largest health systems to independent practices, along with strong channel partnerships and integrations into leading electronic health record (EHR) and practice management systems," noted Steve Callis, President of Payments for RevSpring. "Our teams understand the unique realities that healthcare organizations face every day, and we're committed to helping modernize payments and financial engagement with confidence."