Teslar Software has acquired the patient lending division of Epic River.
Teslar said in a press release that buying the business from Kinective will expand its lending capabilities while preserving an established platform for financial institutions serving the healthcare lending market. The price wasn’t disclosed.
“Community financial institutions understand the people they serve better than anyone, and we’re excited to give them more ways to meet those lending needs,” Joe Ehrhardt, Teslar’s founder and CEO, said in the release.
Kinective bought Epic River in 2025.
“We are thrilled that the community banks and credit unions who have provided Epic River patient lending to their local healthcare providers can continue seamlessly helping their communities through Teslar,” Jeff Grobaski, Kinective’s senior vice president of product strategy, said in the release. “Teslar shares our passion for community-focused financial solutions, making them ideal to lead this initiative into its next chapter.”