billing

Billing

Get practices paid faster by collecting payments any time, any where, and any way.

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Supporting billing companies managing multiple practices

In administering payments for the healthcare industry, billing companies often face similar pain points. Tracking transactions manually, managing multiple clients, and balancing accounts receivable files on behalf of multiple practices and healthcare networks can be challenging. In addition, billing services must reconcile individual patient balances and collections against what’s being reported. Is your billing service still trying to manage all of this through cumbersome spreadsheet files? There is a better way.

Our Practice Management Bridge® platform simplifies healthcare billing and accounting for:

  • Medical billing services
  • Revenue cycle management (RCM) companies
  • Statement and print vendors
  • Accounting firms

Rectangle Health helps billing partners to help providers get paid by insurance companies and patients.

Practice Management Bridge is the one solution that automatically posts patient payments directly into the practice’s existing systems, making the billing process easier for everyone. Allow us to give you the capability of posting directly into your healthcare clients’ practice management system without the need to maintain a record of the different associated logins for disparate systems. Rectangle Health’s Practice Management Bridge makes it easier for billing services to stay on top of payment processing for their healthcare clients.

TRANSACTION REPORTS

Measure and manage your patient payments easily in a centralized online hub.

Payment Collection Centralized Reporting

Practice Management Bridge allows practices to collect payments at all points of the patient’s journey:

  • Secure patient information and place a card on file through online registration tools before the patient gets to the office.
  • When the patient is in the office, accept all payment types through EMV devices, including contactless payments such as Google Pay and Apple Pay®.
  • After the patient leaves the office,  send a payment link so that they can pay conveniently online from home or through their mobile device.

By offering multiple payment options, healthcare clients spend less time chasing down payments, which makes accounting easier for billing service companies.

Rectangle Health brings your clients under one system for posting with centralized reporting:

  • Replace unreliable, manual spreadsheets with a simple, seamless, and secure practice management system interface.
  • Access one easy-to-use healthcare payment platform instead of maintaining multiple logins and dealing with disparate systems.
  • Oversee transaction reports for posted payments, accounts receivables, and patient balances from a single, user-friendly reporting dashboard.

Reduce your workflow burden while optimizing your billing process for the biggest yield. It’s all possible with Practice Management Bridge.

54% of patients are very interested in email or text notifications about payments.1
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1Of 2,000 patients surveyed in The Healthcare Innovation Playbook, January 2021, produced by PYMNTS.com and Rectangle Health.

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Rectangle Health securely stores healthcare payment information, protecting both your practice and patients with today’s highest standards for compliance and PCI.