Spectrum Equity Leads Majority Recapitalization of Payer Compass

DALLAS, Jan. 4, 2019 /PRNewswire/ — Payer Compass, a leading provider of healthcare reimbursement technology and price transparency solutions, announced today that it has received a significant investment from Spectrum Equity, a growth equity firm focused on the information economy, and Health Enterprise Partners (HEP), a healthcare-focused investment firm. This investment positions Payer Compass to continue its rapid growth while further extending its comprehensive product offering serving health plans, self-insured employer groups, third-party administrators and brokers.

Payer Compass’ core software platform VISIUM™ is a purpose-built healthcare pricing engine and contract management system focused on addressing the complexities of Medicare, Medicaid and Commercial claims pricing. With the rise of healthcare costs and shift to self-funded plans, Payer Compass enables employer groups and health plans to realize significant cost savings by utilizing a Medicare-based reimbursement method as it is more closely tied to the true cost of providing care.