HEP Role
HEP III
Outcome
Acquired by Bank of America in April 2021
AxiaMed is a healthcare financial technology company specializing in payment integration and security. AxiaMed’s integrated payments technology platform, Payment Fusion, improves the financial performance of healthcare providers through integration with various revenue cycle, practice management, EHRs and other software systems, enhancing interoperability and payment options across the entire ecosystem of healthcare payments between patients, providers and payers.
AxiaMed is headquartered in Santa Barbara, CA with executive offices in Nashville, TN.
Leadership
Randal Clark, Co-founder, CEO and President, is the chief strategist and architect for AxiaMed. Driven by a set of core values, a phenomenal, handpicked leadership team, and unbeatable technology, AxiaMed helps healthcare providers improve their financial performance by offering patients more flexible and convenient ways to pay their bills.
Randal has built successful payment companies, founded and oversaw a private, college-preparatory Christian school, supports orphanages in South Africa and serves on the board of Hardwired Global. He invests in ideas, charitable causes, technology, and most of all great people and corporate cultures. Randal earned his BS in Marketing and Management from DePaul University in Chicago, Illinois. His greatest gift is Amy, his wife of 25 years and his two wonderful children, Gabriel and Ava Kate.
“HEP greatly exceeded expectations at every twist and turn throughout our journey to a very successful exit. We found Ezra and the team to be our most valued strategic advisor and partner. Their care and concern for our company vision and our people as well as their expertise within our industry was unparalleled and I could not have dreamed of a better partner.”
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