Big Data’s flagship product, Fuse, is a “bank-neutral online portal that automates remittance reconciliation,” according to a May 15 Fifth Third news release.
Financial terms of the transaction were not disclosed.
“Fifth Third has a long history of expertise in the healthcare banking space and is deeply committed to bringing our solutions to healthcare clients,” Kevin Lavender, head of commercial banking at Fifth Third Bank, said in the release. “This acquisition allows Fifth Third and Big Data Healthcare to collaborate, scale and continue to accelerate healthcare technology solutions that benefit current and future clients.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
