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Payer Compass lands investment from Spectrum Equity, Health Enterprise Partners

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Payer Compass lands investment from Spectrum Equity, Health Enterprise Partners

Information-focused growth equity firm Spectrum Equity and healthcare-focused middle-market investor Health Enterprise Partners LP recapitalized Payer Compass.

Payer Compass provides healthcare reimbursement technology and price transparency solutions, including the VISIUM software platform designed to address pricing complexities related to Medicare, Medicaid and commercial claims. It aims to use the investment, the amount of which was not disclosed, to accelerate its growth and extend its product offering to various end markets.

Spectrum's Jeff Haywood, Steve LeSieur and Michael Radonich, as well as Health Enterprise's David Tamburri will join Payer Compass' board as part of the transaction.