Health Payment Systems, Inc. Welcomes SV Health Investors as New Lead Investor
Health Payment Systems, Inc. Welcomes SV Health Investors as New Lead Investor
MILWAUKEE, Feb. 11, 2021 /PRNewswire/ Health Payment Systems, Inc. (HPS, the “Company”), an innovator in the healthcare payments space, today announced that SV Health Investors, LLC (“SV”) acquired a majority stake and provided growth financing to the Company. With this transaction, SV adds to its portfolio of growing healthcare technology investments. Hexagon, Inc., a private investment company and one of SV s limited partners, invested in HPS alongside SV.
Since its inception, HPS has helped self-funded employers in the Upper Midwest reduce the cost of healthcare, while maintaining high levels of provider and patient satisfaction. The Company s single-statement billing and patient financing services help families combat confusing and unaffordable medical bills, while its guaranteed payment model eliminates provid