Rectangle Health, a prominent company that offers healthcare technology solutions, has announced a strategic partnership with Netsmart, a leading platform company that supports community-based care providers. As part of this collaboration, Rectangle Health’s main platform, Practice Management Bridge, will now be integrated as the payment system within Netsmart TheraOffice. TheraOffice is a complete electronic medical record and practice management system used by physical therapy and outpatient rehabilitation practices.
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AJ Peterson, Senior Vice President and General Manager of Interoperability and Consumer Engagement at Netsmart, said that using TheraOffice with Rectangle Health’s payment technology gives practices a strong tool to make their operations easier, boost profitability, and offer a smooth experience for both staff and patients. Peterson added that this integration ensures that patient data remains private and secure, while making billing, payment collection, and reporting more efficient for practices of all sizes and specialties.
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Brian Doyle, Executive Vice President of Growth at Rectangle Health, explained that this partnership marks a significant step in redefining payment management for therapy practices. He pointed out that embedding their payment platform into TheraOffice not only makes operations more efficient but also opens new avenues for financial growth and better revenue performance. Doyle stressed that the collaboration helps providers handle the challenges of value-based care with more confidence.
The integration offers several benefits to therapy practices, such as easier payment processing that cuts down on administrative work, a variety of secure payment methods including mobile, online, and contactless options to enhance patient satisfaction, and automatic reminders to improve collections and cash flow. Practices also enjoy transparent, HIPAA- and PCI-compliant transactions with no hidden fees, along with access to modern payment technologies and wireless terminals.
This collaboration shows the dedication of both Rectangle Health and Netsmart to advancing healthcare technology. It reflects a wider trend toward integrated, patient-focused financial solutions in areas like behavioral health, therapy, and outpatient rehabilitation. By combining advanced payment technology with a reliable practice management system, the partnership aims to boost operational efficiency, financial performance, and the overall patient experience.
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