“Healthcare providers’ need for virtual interactions with their patients throughout the full patient experience is greater than ever. “Health iPASS’ software modernizes the patient experience, visibility to healthcare costs and ability to pay while giving the healthcare providers a higher probability to collect payments and improve the patients’ overall experience,” Don Holbrook, managing director at Citizens, said. The team was with us during every step of the transaction and played a significant role in preparing materials, managing the entire process with interested parties and helping to optimize the final bids,” Imran Ahmad, CFO and COO of Health iPASS, said. “The Citizens M&A Advisory team really helped us to get organized and negotiate the best outcome for our shareholders. “The Citizens team was instrumental in helping us get to the right outcome at the right time.” These gaps are filled when combined with Sphere,” Rajesh Voddiraju, founder and CEO of Health iPASS, said. “The Health iPASS team has built a tremendous business with innovative technology and has reached a point where we will benefit from broader distribution channels, an in-house payment acquiring platform and a global brand. Citizens M&A Advisory served as the exclusive financial advisor to Health iPASS, a provider of cloud-based patient engagement software and revenue cycle management technology, on the company’s sale to Sphere, backed by Waud Capital.
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