REPAY Announces Agreement with Premier Inc.
Agreement will expand REPAY’s footprint within the healthcare industry by offering advanced accounts payable solutions to Premier members
REPAY’s agreement with Premier is through CPS Payment Services (“CPS”), a REPAY company and market leader in healthcare accounts payable (AP) virtual card disbursement services, and will provide Premier members with advanced automation capabilities for AP disbursements, enabling healthcare providers and hospitals to streamline internal workflows and realize savings through revenue-generating rebates.
CPS’ TotalPay platform automates the facilitation of all supplier payments for a hospital or health system while helping generate substantial monthly cash rebates based on payments to accounts payable suppliers. CPS has a proprietary network of healthcare suppliers, which typically enables healthcare clients to generate significantly increased rebates compared to most bank programs.
“We are honored to have been awarded this agreement with Premier and look forward to helping healthcare providers optimize supplier payments, create operational efficiencies and improve financial performance through powerful AP automation,” said
Premier is a leading healthcare improvement company, uniting an alliance of more than 4,100
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY’s proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers and businesses.