ST. PAUL, Minn. and NASHVILLE, Tenn., Sept. 20, 2016 /PRNewswire/ -- Apex Revenue Technologies and LetterLogic, two leaders in the healthcare services industry, are joining forces. St. Paul-based Apex Revenue Technologies (www.apexrevtech.com), the leader in healthcare technology solutions that provide insight into how patients pay to improve financial outcomes for providers and patients, and LetterLogic (www.letterlogic.com), a Nashville-based company that delivers patient communications for healthcare systems across the country, today announced that they have partnered together to help financial leaders tackle the unsolved challenges facing the healthcare industry.
Together, the companies plan to expand solutions to a wider set of healthcare customers. LetterLogic serves more than 2,000 healthcare organizations with multiple locations across the United States. Apex serves 90 percent of Minnesota's top providers, and more than 2,500 multi-location healthcare organizations nationwide. Combined, the organization serves more than 15,000 locations, making them a notable leader in market-share in the industry.
"Combining forces with the LetterLogic team puts us in a better position to address the financial challenges facing the constantly-changing healthcare industry," said Apex Founder and CEO Brian Kueppers. "Our unified approach will preserve the value and customer experience that both organizations have established with our strong client bases, while extending capabilities to existing customers and the broader market. It's a winning combination for providers and patients."
Apex helps healthcare organizations understand patient populations and how they pay their bills, so they can tailor financial communications to the unique profile of each patient to increase payments, control costs and improve the patient experience. The transaction combines Apex's dynamic communications and payment innovations with LetterLogic's flagship print and mail solutions and industry-leading customer care model.
"The health care industry is struggling to overcome challenges with patient financial responsibility and the overall patient experience, problems that we are uniquely qualified to solve as we combine our talents and strengths," said LetterLogic Founder and CEO Sherry Stewart Deutschmann, who will stay involved in the organization as an investor in the company and member of the board. "We're thrilled to team up with Apex, as we share similar employee-centric cultures proven to deliver exceptional outcomes for our customers, and in turn will result in continued patient satisfaction."
About Apex Revenue Technologies
Founded in 1995, Apex Revenue Technologies (www.apexrevtech.com) is the leader in healthcare technology solutions that provide insight into how patients pay to improve financial outcomes for providers and their patients. Apex's cloud-based software promotes patient financial engagement, streamlines patient billing processes, increases revenues, and reduces the cost to collect from patients. The company's award-winning Apex Connect™ platform is the first in the industry to dynamically tailor financial communications and payment options to match healthcare provider goals with the needs of the patient for better results. To learn more, visit www.apexrevtech.com.
LetterLogic is a premium lettershop services provider meeting the multi-channel communications, patient connections and payment solutions needs of healthcare systems and RCMs nationwide. Specializing in printing and mailing of statements, the company offers address correction and updated services that deliver the highest mail list accuracy and proactively handles returned mail.
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SOURCE Apex Revenue Technologies