Omni Healthcare, which provides financial solutions for healthcare providers and patients, has merged with Injury Finance, which works as a medical lien company, the companies announced Tuesday (Jan. 25).
The transaction purports to boost both companies’ ability to serve networks of medical providers and attorneys, and will boost access to healthcare for patients.
The position will hopefully allow the combined company to grow more in the medical lien and pre-settlement funding market through enhanced product offerings, relationships and technology.
“Injury Finance has set a high bar in the industry for its commitment to consistent, high-quality service,” said Jeff Blum, CEO of Omni. “Our partnership further enhances the combined company’s service offering, which allows medical providers to focus on treatment through efficient financing and servicing of patient receivables. We are incredibly excited about the future with our combined expertise and decades of experience.”
The transaction closed on Dec. 31, 2021, and is Omni’s second major acquisition in the last three years. Injury Finance Chief Operating Officer Krista Meardon said that the company is “excited for the next chapter of growth alongside the Omni team.”
“Together, we offer a broad suite of solutions that will deliver a premium experience to patients, attorneys and healthcare providers across the United States,” Meardon continued. “We look forward to leveraging the additional resources and continuing to build upon our combined relationships, while still providing our excellent service to our clients.”
Along with the global digital shift, healthcare has been among the industries reinventing themselves. FNB recently debuted a new digital program for healthcare professionals’ loans and deposit products.
See also: FNB Debuts Digital Physicians First Banking Program for Healthcare Professionals
The product, called Physicians First, will offer digital solutions for the broader medical community. FNB will let customers perform banking and online applications, along with uploading information and scheduling appointments.
