Rectangle Health Collaborates with Patterson Dental to Enhance Payment Solutions for Healthcare Providers
Rectangle Health announced integrations with Patterson Dental Supply, a subsidiary of Patterson Companies (Nasdaq: PDCO). The integration connects Rectangle Health's Practice Management Bridge® platform with Patterson's dental practice management software solutions - Dolphin Management, Fuse, and Eaglesoft.
The collaboration aims to enhance payment processing capabilities for dental practices through features including:
- Streamlined payment processing workflows
- Multiple payment options including mobile, online, and contactless
- Automated payment reminders and Text to Pay functionality
- Improved cash flow and Accounts Receivable collection rates
Rectangle Health ha annunciato integrazioni con Patterson Dental Supply, una sussidiaria di Patterson Companies (Nasdaq: PDCO). L'integrazione collega la piattaforma Practice Management Bridge® di Rectangle Health con le soluzioni software di gestione delle pratiche dentali di Patterson - Dolphin Management, Fuse ed Eaglesoft.
La collaborazione mira a migliorare le capacità di elaborazione dei pagamenti per gli studi dentistici attraverso funzionalità come:
- Flussi di lavoro per l'elaborazione dei pagamenti semplificati
- Opzioni di pagamento multiple tra cui mobile, online e senza contatto
- Promemoria automatizzati per i pagamenti e funzionalità Text to Pay
- Flussi di cassa migliorati e tassi di incasso delle fatture più elevati
Rectangle Health anunció integraciones con Patterson Dental Supply, una subsidiaria de Patterson Companies (Nasdaq: PDCO). La integración conecta la plataforma Practice Management Bridge® de Rectangle Health con las soluciones de software de gestión de prácticas dentales de Patterson: Dolphin Management, Fuse y Eaglesoft.
La colaboración tiene como objetivo mejorar las capacidades de procesamiento de pagos para las clínicas dentales a través de características como:
- Flujos de trabajo de procesamiento de pagos simplificados
- Múltiples opciones de pago, incluyendo móvil, en línea y sin contacto
- Recordatorios automatizados de pago y funcionalidad Text to Pay
- Flujo de efectivo mejorado y tasas de cobranza de cuentas por cobrar
Rectangle Health는 Patterson Dental Supply와 통합을 발표했습니다. 이는 Patterson Companies(Nasdaq: PDCO)의 자회사입니다. 이번 통합은 Rectangle Health의 Practice Management Bridge® 플랫폼과 Patterson의 치과 진료 관리 소프트웨어 솔루션인 Dolphin Management, Fuse, Eaglesoft를 연결합니다.
이번 협력은 다음과 같은 기능을 통해 치과 진료소의 결제 처리 능력을 향상시키는 것을 목표로 합니다:
- 간소화된 결제 처리 워크플로우
- 모바일, 온라인 및 비접촉식으로 다양한 결제 옵션 제공
- 자동 결제 알림 및 Text to Pay 기능
- 개선된 현금 흐름 및 계정 수금 비율
Rectangle Health a annoncé des intégrations avec Patterson Dental Supply, une filiale de Patterson Companies (Nasdaq: PDCO). L'intégration relie la plateforme Practice Management Bridge® de Rectangle Health aux solutions logicielles de gestion pratiques dentaires de Patterson - Dolphin Management, Fuse et Eaglesoft.
La collaboration vise à améliorer les capacités de traitement des paiements pour les cabinets dentaires grâce à des fonctionnalités telles que:
- Flux de travail de traitement des paiements simplifiés
- Options de paiement multiples, y compris mobile, en ligne et sans contact
- Rappels de paiement automatisés et fonctionnalité Text to Pay
- Amélioration de la trésorerie et des taux de recouvrement des créances
Rectangle Health hat Integrationen mit Patterson Dental Supply angekündigt, einer Tochtergesellschaft von Patterson Companies (Nasdaq: PDCO). Die Integration verbindet die Practice Management Bridge®-Plattform von Rectangle Health mit den Softwarelösungen zur Praxisverwaltung von Patterson - Dolphin Management, Fuse und Eaglesoft.
Die Zusammenarbeit zielt darauf ab, die Zahlungsabwicklungsfähigkeiten für Zahnarztpraxen durch Funktionen wie:
- Vereinfachte Zahlungsabwicklungsabläufe
- Mehrere Zahlungsmöglichkeiten, einschließlich mobil, online und kontaktlos
- Automatisierte Zahlungsbenachrichtigungen und die Funktion Text to Pay
- Verbesserten Cashflow und höhere Inkassoraten der Forderungen
- Integration with Patterson Dental's software solutions expands Rectangle Health's market reach
- New payment capabilities expected to improve cash flow and collection rates for dental practices
- Partnership enhances operational efficiency through streamlined payment processing
- None.
Insights
The integration partnership between Rectangle Health and Patterson Dental represents a strategic move to modernize payment solutions in the dental healthcare sector. While this collaboration could potentially improve operational efficiency and cash flow management for dental practices using Patterson's software, the immediate financial impact on Patterson Companies (PDCO) is likely to be minimal.
The partnership primarily focuses on enhancing existing software capabilities through payment integrations, which typically generate incremental revenue through transaction fees and software subscriptions. For a company of Patterson's size (
The key value proposition lies in strengthening Patterson's software ecosystem and potentially reducing customer churn by offering more comprehensive payment solutions. However, investors should view this as a gradual, long-term strategic enhancement rather than a significant revenue catalyst.
The technical integration across Patterson's three major practice management platforms - Dolphin Management, Fuse and Eaglesoft - demonstrates a comprehensive approach to payment system modernization. Rectangle Health's Practice Management Bridge® platform integration introduces valuable features like mobile payments, contactless transactions and automated payment reminders that align with current healthcare technology trends.
Most notably, the integration addresses critical pain points in dental practice operations by automating payment workflows and offering multiple payment channels. The Text to Pay feature and secure card-on-file capabilities represent modern solutions that can significantly reduce administrative overhead and improve collection rates. However, these features are becoming industry standard rather than differentiators in the dental software market.
Patterson Approved Vendor status will pave the way for customers to securely use new payments capabilities.
By integrating Rectangle Health's Practice Management Bridge® platform with Patterson Dental's comprehensive suite of dental solutions, dental health providers will benefit from a seamless and efficient payment experience. In particular, the enhanced integration with Dolphin Management will enable dental practices to:
- Simplify Payment Processing: Streamline payment processing workflows, reducing administrative burdens and increasing operational efficiency.
- Enhance Patient Experience: Offer patients convenient ways to pay, including mobile, online, contactless, and secure card on file, improving overall patient satisfaction.
- Improve Financial Performance: Increase cash flow and Accounts Receivable collection rates through faster collections and automated payment reminders, such as Text to Pay.
"Our customers have enthusiastically embraced Rectangle Health's Practice Management Bridge platform, and we're thrilled to offer this capability to Patterson customers," said Brian Doyle, Senior Vice President of Enterprise and Technology Partnerships at Rectangle Health. "By seamlessly connecting with Patterson Dental's practice management software, we can help dental practices thrive in today's competitive market."
"Collaborating with Rectangle Health aligns with our commitment to provide comprehensive solutions that empower dental practices," said Brad Joseph, Vice President of Software Product Development at Patterson Dental. "This integration provides our customers a more streamlined and efficient payment experience and helps them improve the financial health of their practice."
Current Patterson Dental practice management software customers can learn more about Rectangle Health by visiting https://bit.ly/rh-patterson, calling 1.800.337.3630 or emailing info@rectanglehealth.com
About Rectangle Health:
A leader in innovative healthcare technology for over 30 years, Rectangle Health is a trusted partner to more than 36,000 healthcare providers. The company's comprehensive platform, Practice Management Bridge®, streamlines daily business operations including patient communications and engagement, payments and reimbursements, and office compliance. Customers of all sizes, in all sectors of healthcare, rely on Rectangle Health's easy-to-use and scalable software to deliver a measurable increase in productivity and profitability, while improving patient experience. Learn more: www.rectanglehealth.com.
About Patterson Dental:
Patterson Dental, a subsidiary of Patterson Companies Inc. (Nasdaq: PDCO), connects dental customers in
MEDIA CONTACTS:
Rectangle Health
Michelle Dowling
Executive Vice President, Marketing
704-792-8214
mdowling@rectanglehealth.com
Patterson Dental Corporate Communications
John M. Wright, Investor Relations
651.686.1364
john.wright@pattersoncompanies.com
pattersoncompanies.com
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SOURCE Rectangle Health
FAQ
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