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New Deal


Announced

Completed

Zelis completed the acquisition of Payspan.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare technology

Domestic

Private

electronic payment

United States

Acquisition

Completed

Payments / Commerce

Friendly

Majority

Single Bidder

Synopsis

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Zelis, a company modernizing the business of healthcare, completed the acquisition of Payspan, a provider of healthcare electronic payment and reimbursement automation services. Financial terms were not disclosed. “Zelis and Payspan have been key players in healthcare payments, offering innovative solutions to healthcare insurers, providers, and more recently, consumers. These two organizations coming together brings unprecedented visibility across the financial experience that will help us unlock the most abrasive aspects of the payment process. We’re energized to evolve the business of healthcare together," Amanda Eisel, Zelis CEO.

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