REPAY Receives the 2022 Premier Breakthroughs ‘Supplier Horizon Award’

Rhea-AI Summary

Repay Holdings Corporation (NASDAQ: RPAY) has been awarded the Supplier Horizon Award at Premier, Inc.'s 2022 Breakthroughs Conference. This accolade is given to Premier-contracted providers that excel in customer service, engagement, and cost reduction. REPAY's collaboration with Premier focuses on enhancing automation in accounts payable (AP) processes for healthcare providers, allowing them to optimize workflows and benefit from cash rebates via virtual card payments. This recognition underscores REPAY's dedication to client support and value creation.

Positive

• Awarded Supplier Horizon Award, highlighting exceptional customer service.
• Strengthened partnership with Premier to provide advanced payment solutions.
• Automated AP processes can lead to cost savings for healthcare clients.

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• None.

Atlanta-based payment solutions company recognized by Premier, Inc. for commitment to value creation and customer service

ATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced it has been honored at Premier, Inc.’s 2022 Breakthroughs Conference with the Supplier Horizon Award within the Purchased Services Category.

The Supplier Horizon Award celebrates Premier-contracted providers who have supported members through exceptional customer service and engagement, value creation and a commitment to lowering costs. Suppliers who have contracted with Premier for less than three years are recognized as Horizon winners.

“We are honored to be recognized by Premier and are grateful for our dedicated employees who continue to contribute to REPAY’s exceptional customer service and client experience,” said Darin Horrocks, EVP, Business Payments, REPAY. “This achievement is a celebration of our people and reinforces our commitment to supporting our partners and clients.”

REPAY’s relationship with Premier focuses on providing 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.

REPAY’s AP platform automates the facilitation of all supplier payments for a hospital or health system while generating substantial monthly cash rebates based on virtual card payments to suppliers. Businesses in the healthcare industry can reduce costs associated with manual processes and traditional paper checks while seamlessly paying vendors with increased efficiency and transparency.

Premier is a leading healthcare improvement company, uniting an alliance of more than 4,400 U.S. hospitals and approximately 225,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost.

About REPAY
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 clients, while enhancing the overall experience for consumers and businesses.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220713005014/en/

Investor Relations Contact for REPAY:

repayIR@icrinc.com

Media Relations Contact for REPAY:

Kristen Hoyman

khoyman@repay.com

Source: Repay Holdings Corporation