AccessOne Agrees to Acquire HealthFirst Financial; Womble Bond Dickinson Team Guides AccessOne in Major Transaction
CHARLOTTE, N.C.—Congratulations to AccessOne! The Womble Bond Dickinson client and leading provider of healthcare patient financing options recently agreed to acquire HealthFirst Financial.
A Womble Bond Dickinson team including Scott Anderson, Alysja Carlisle, Julie Epperly and Patrick Strubbe is representing AccessOne in the transaction. In addition, lawyers Jill Girardeau (healthcare), Diana Quarry (real estate) and Mike Tobin (intellectual property) also played critical roles in the acquisition.
HealthFirst is a software-enabled service provider of patient financing programs to healthcare organizations. AccessOne officials said the acquisition will provide patients with improved financing tools while also creating greater efficiencies for healthcare providers. The acquisition is expected to close later in 2018.
In a statement, AccessOne CEO Mark Spinner said, “HealthFirst’s focus on highly tailored solutions for healthcare systems complements AccessOne’s commitment to offering flexible financing options for all patients, regardless of circumstance. This combined offering accelerates our mission toward helping every patient lead their healthiest life through affordable access to needed care.”
AccessOne is backed by Capital One Bank, a top-10 U.S. bank with over $350 billion in assets, and by Frontier Capital, a Charlotte-based growth equity firm that has raised $1.5 billion since 1999 to invest exclusively in software and technology-enabled business services companies.
Click here to read AccessOne’s press release on this transaction.
D. Scott Anderson’s practice is focused on mergers and acquisitions, private equity, venture capital finance and general business law. Formerly a management consultant in the banking industry, Anderson advises private equity and venture capital funds, as well as middle market companies, on equity financings, recapitalizations and mergers and acquisitions.
Alysja Carlisle advises corporate clients in general corporate matters such as contracts, acquisitions, and merger and sale transactions. She also focuses on complex business transactions, including private equity and venture capital financings.
Julie Epperly is a veteran corporate and securities attorney who guides clients in mergers and acquisitions, private equity, venture capital finance, general corporate and commercial transactions.
Patrick Strubbe counsels clients in the areas of corporate law and corporate finance. With over eight years of prior business experience, Strubbe counsels a variety of corporate clients in numerous industries, including middle market companies, emerging growth companies, technology companies, private equity groups and venture capital funds.
Jill Girardeau’s practice focuses on representing healthcare providers in a wide range of regulatory issues, including HIPAA privacy and security compliance, “meaningful use” of electronic health records, and compliance with the federal Stark and anti-kickback laws.
Diana Quarry is an experienced real estate attorney who has represented financial institutions, developers, and borrowers in real estate acquisitions, sales, development and financings. She has helped clients successfully complete transactions involving office, residential, retail, commercial, hotel and mixed-use real estate projects.
Mike Tobin has two decades of experience representing clients in complex technology and intellectual property transactions, including technology development and acquisition arrangements; patent and trademark license agreements; intellectual property M&A and financing transactions; and internet legal disputes. Tobin is a registered patent attorney with significant IP litigation experience.
Founded in 2002, AccessOne is a leading provider of patient financing options designed to help patient consumers manage their healthcare costs while driving best in class hospital reimbursement. AccessOne offers comprehensive low and no interest payment options for all patient balance types including high-deductible, catastrophic and financial assistance. No patient is ever denied credit or credit reported, and providers can rely on AccessOne to capture more revenue while driving compliance and financial performance.