Health Payment Systems

Investment Date

April 2018

Exit Date

February 2021

Realized Investment

Health Payment Systems simplifies and enhances the healthcare billing and payments process for consumers while driving value to health care providers, health insurance companies and employers. Its patented SuperEOB® and advanced electronic data interchange technology consolidates and transmits claims and payment information between all stakeholders, resulting in a single monthly statement and payment for consumers; outsourced billing, collections and faster payment for providers; and, improved customer service for insurance companies and employers.

Milwaukee, Wisconsin


“As we expand beyond Wisconsin, Caltius Equity’s experience working with companies like HPS to open new market opportunities is a perfect complement to our management team’s capabilities. The extraordinary need for solutions like our SuperEOB means there are many paths we can pursue.  We are looking forward to having Caltius Equity’s team work with us to design and pursue the best strategies.”

Terry Rowinski, President & CEO of HPS