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RevSpring acquires healthcare payment gateway TrustCommerce
Yahoo Finance· 2026-02-23 11:47
Core Insights - RevSpring has acquired TrustCommerce to enhance its healthcare payment and security solutions, aiming to accelerate product development in financial engagement and payments [1] - The acquisition is expected to simplify vendor relationships for providers and partners, leading to a more unified payments foundation while maintaining flexibility in banking and merchant relationships [2] Group 1: Acquisition Details - RevSpring's acquisition of TrustCommerce will integrate its enterprise gateway connectivity into RevSpring's payments and financial engagement platform [2] - TrustCommerce's integrated payments capabilities will extend RevSpring's reach in EHR-integrated payments while supporting flexibility in merchant services [3] Group 2: Operational Impact - The acquisition will allow customers to choose between RevSpring's merchant platform or retain existing relationships, ensuring continued integration [4] - Expanded gateway integrations will enhance connectivity to payment processors and devices, supporting routing options and bring-your-own-merchant onboarding [4] Group 3: Company Overview - RevSpring processes over 60 million payment transactions annually, collecting more than $14 billion in patient payments each year [5]