RevenueWell Partners with Rectangle Health to Enhance Payments Experience

News
Article

The 2 companies join forces to launch a comprehensive, yet simple solution for dental practices to collect and process payments both online and in-practice.

RevenueWell Partners with Rectangle Health to Enhance Payments Experience | Image Credit: © RevenueWell / Rectangle Health

RevenueWell Partners with Rectangle Health to Enhance Payments Experience | Image Credit: © RevenueWell / Rectangle Health

Looking to simplify the payments experience, RevenueWell and Rectangle Health are joining forces. On Wednesday, RevenueWell, a leading patient experience software and digital marketing services partner for dental practices, announced the new partnership with Rectangle Health, a healthcare-care focused financial technology company providing software solutions to healthcare organizations.

Through this partnership, RevenueWell has launched a comprehensive, yet simple solution for dental practices to collect and process payments both online and in-practice. Additionally, through RevenueWell's integration with Bridge™ Payments, practices also have access to Rectangle Health’s Practice Management Bridge Platform® to fully manage their merchant account.

The new integration is designed to enable dental teams to improve their work efficiency and get paid sooner. Patients, meanwhile, will have more flexibility to pay for their dental care in line with what they expect from healthcare providers and businesses.

“The payments and collection processes are the lifeblood of every successful and sustainable dental practice, and yet are often overly complex and manual,” says Steve Prosser, chief technology officer at RevenueWell, in a press release. “RevenueWell’s Partnership with Rectangle Health brings a simple and holistic approach to capturing and managing payments for the practice, both virtually and in-office. Rectangle Health’s proven payments platform coupled with RevenueWell’s industry-leading patient engagement solutions provide a modern experience that ensures practices are paid on time, and patients have an exceptional experience.”

Through this collaboration, the dental team cuts down its manual data entry with automatic posting. Practices can also offer patients the option to pay online through automated campaigns and manual outreach, or at the front desk, with a Lane/7000 point-of-sale system, RevenueWell states. The new point-of-sale system adds a modern touch to the practice experience and helps to reduce PCI-DSS scope, protecting the patients’ information and the practice reputation. Dental practices also will be able to issue refunds to patients paying online within RevenueWell. The staff can also access payment information through Rectangle Health’s Practice Management Bridge.

Benefits of the new collaboration include:

  • Reduced routine admin work – Practice teams spend less time chasing down unpaid bills, posting payments, and doing payment reconciliation.
  • Decreased accounts receivable – Patients have flexible ways to pay for care, including online payments, point-of-sale, text to pay, and QR codes.
  • Savings on office supplies – Practices can cut back on supplies needed for paper bills.
  • A modernized practice experience – Practice teams can move away from outdated billing and payment processes that slow them down and impact how patients view their practice.

"We are thrilled to announce the launch of the partnership with RevenueWell, aimed at empowering dentists to offer robust payment tools and options for their patients," Brian Doyle, senior vice president of technology partnerships at Rectangle Health, adds in the press release. "This collaboration marks a pivotal moment in our commitment to revolutionize payment processes within dental practices. By harnessing the power of our technology, we aim to streamline billing, collection, and reconciliation tasks, saving dental staff hours of valuable time previously spent on administrative burdens. Together, we are dedicated to providing innovative solutions that enhance efficiency and elevate the patient experience in dental care."

For additional information on RevenueWell’s Online Payments, visit https://revenuewell.com.

Recent Videos
2024 Chicago Dental Society Midwinter Meeting – Interview with Peter Maroon, business development and sales lead at Spectrum Solutions® on the new salivary diagnostic test, SimplyPERIO.
GNYDM23 Product Focus: Henry Schein Maxima Turbo Class B Sterilizer with Dyan Jayjack
GNYDM23 Product Focus: Henry Schein Maxima PowerClean 210 with Dyan Jayjack
Greater New York Dental Meeting 2023 — Interview with Ben Miraglia, DDS
Greater New York Dental Meeting 2023 – Interview with Crystal Spring, RDH, BS, LAP
Dental Product Insights: Keeping Up With Patient Communication Expectations – Part 4: Lighthouse 360+
Dental Product Insights: Keeping Up With Patient Communication Expectations – Part 3: Customizing Communications
Dental Product Insights: Keeping Up With Patient Communication Expectations – Part 2: Making the Practice Available
Related Content
© 2024 MJH Life Sciences

All rights reserved.