SOURCE: PaySpan, Inc.

PaySpan, Inc.

November 12, 2013 08:53 ET

PaySpan Appoints Payments Industry Veteran Cheryl King as CFO to Support Continued Expansion

ATLANTA, GA--(Marketwired - Nov 12, 2013) - PaySpan®, Inc., the leading provider of healthcare reimbursement and payment automation, today announced that Cheryl King has joined the company as CFO. King will be providing strategic guidance in support of the company's ongoing growth and expansion strategy.

"Cheryl brings a wealth of finance and strategic leadership experience to our business," said Kevin Arner, CEO of PaySpan. "She has an exemplary track record as a CFO for companies in payments and healthcare. Her prior Group CFO role at First Data Corporation demonstrates experience and skill in growth management from early stage to Fortune 50. Cheryl's strategic insights reinforce our momentum as we continue to expand our payer, provider and healthcare consumer markets with new technology, data capabilities and network innovation in 2014 and beyond."

King has more than 25 years of financial management and operational business experience supporting global organizations in the payment processing, healthcare and pharmaceutical, communications, information technology and consumer products markets. She has been responsible for building the corporate infrastructure at several companies to help them scale their growth at an accelerated rate. King has extensive experience in private and public financing, mergers and acquisitions, financial reporting, analysis and compliance.

"I am excited to join the PaySpan team," said King. "PaySpan has a sterling reputation as an innovator and service-focused solution provider of healthcare reimbursement and payment automation. I look forward to supporting the company's strategic plans and the opportunity to build out the PaySpan organization to support its employees, customers, market strategy and operations."

King has been the Chairperson and board member of Women in Technology since 2010. She graduated with a Bachelor of Science in Business Administration from Georgetown University.

About PaySpan, Inc.
With more than 25 years of payments expertise, PaySpan, Inc. is a trusted source of innovative healthcare reimbursement solutions. Serving more than 500 health plans, their 65 million covered lives and a community of 500,000 providers, PaySpan is Empowering the Healthcare Economy®. Our solutions enable stakeholders to interact across communities, conduct commerce, capture value, instill trust and use reimbursement as strategy. PaySpan's customers comprise an elite array of industry leaders representing all benefit types, spanning both commercial and government sectors. For more information, visit www.payspan.com.

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