SwervePay acquires startup focused on medical cost education: 4 points

SwervePay bought Chicago-based startup StatPayMD, according to MedCityNews.

Here are four points:

1. StatPayMD created an app for patients to understand their out-of-pocket healthcare costs.

2. SwervePay allows patients to pay medical bills via one-click texts.

3. StatPayMD's team will join SwervePay's team.

4. Financial terms of the deal were not disclosed.