Payspan, now part of Zelis
IT Services and IT ConsultingFlorida, United States51-200 Employees
Payformance Corporation, based in Jacksonville, Florida, operates in IT services and IT consulting and is connected to Payspan, which now sits within Zelis. The business delivers healthcare reimbursement and payment automation services that rely on an extensive healthcare network to support value-based reimbursement, enhance patient experience, and help reduce costs for payers and providers. It links hundreds of health plans, more than a million provider payees, and over 100 million consumers to enable alternative payment models and the exchange of healthcare information. Its market includes payers, providers, and patients who interact with reimbursement and payment workflows. Positioned in the healthcare IT services and consulting space, the organization functions as a mid-sized firm focused on streamlining financial transactions and information flow in healthcare. Recent developments within Zelis include office expansions in several cities, reflecting ongoing growth in its healthcare technology footprint.