Practice Management Bridge
VMS &
Practice Management Bridge
Practice Management Bridge
161K
Software Users
170K
Daily Healthcare Transactions
Exclusive to Healthcare
Patented Technology
32 years and counting
36K+ Provider Organizations
Healthcare Industry Trends
| $406.5bn
in out-of-pocket healthcare spending in 2019. 1
| $140bn
consumer medical debt to be recouped by US Collection Agencies. 2
| 44%
of families with private insurance likely to avoid medical care due to cost. 3
| 65%
of Americans are worried or somewhat worried about affording unexpected medical bills. 4
| $1,184
average out-of-pocket healthcare costs per capital in 2019. 5
1 https://www.pymnts.com/debt/2021/us-collection-agencies-trying-to-recoup-140b-in-consumer-medical-debt/ 2 www.cms.gov, December 2020 3 Bankrate.com and YouGov Pllc, February 2020 4 kff.org, February 2020 5 Statista, U.S. per capita out-of-pocket health care payments 2010-2020
Practice Management Bridge
Creating Financially Healthy Practices
Practice Management Bridge: What can it do?
A simple, safe, and secure payment platform for healthcare providers. This turnkey technology interfaces seamlessly with existing EMR system, allowing users to easily track, manage, report, and reconcile patient payment information.
P R E - C A R E :
Securely store the patient’s preferred card on file for future payments and flexible payment plans.
P O I N T - O F - C A R E :
Accept all forms of payment, including contactless methods like tap-to-pay card and mobile device payments.
P O S T - C A R E :
Let patients pay through a convenient payment link on the practice website, through links in text messages, and QR codes on statements.
Key Features
Practice Management software landscape
There are hundreds of healthcare PM systems which target specific specialties – you are NOT locked out!
Practice Management Software Landscape – How To Qualify
What operating system are you using to access the PM System/EMR/EHR?
Who we serve
Rectangle Health is proud to partner with large commercial healthcare groups, independent practices focused on serving their local communities and everything in between.
Results you can count on to streamline your practice
Practice Management Bridge
Improve Efficiency
↓ 20% managing billing
↓ 30% collecting and posting payments
↓ 25% payment reconciliation
↓ 90% processing manual refunds
↓ 15%. integrating / converting new sites
Reduce Costs of General Business Operations
↓ 33% REDUCTION in paper statements
↓ 1 system DISPLACED on average
Increase Collections
↓ 5% INCREASE in patient payment collection
Practice Management Bridge
Merchant Success Story
Merchant Success Story: Great Lakes Dental
Practice Management Bridge reduces A/R by 65%
At A Glance
Great Lakes Dental Partners is a Midwest-based DSO with over 30 dental practices across Illinois and Indiana.
They use Practice Management Bridge Payments – which seamlessly interfaces with their practice management system, Dentrix Enterprise.
Key Results
- Reduced A/R from $8 million to below $3 million in 18 months. - Increased cards on file from nearly zero to 30%. - Achieved a 97% time-of-service collection rate across all clinics.
Key Features
- Text-to-Pay to quickly collect patient payments. - Card on file to increase patience convenience - Increase practice efficiency with seamless interface to existing PM System
When we implemented Text-to-Pay, our A/R went from $8 million to below $3 million in a little over 18 months.” Donna Ramadan, Vice President of Revenue Cycle and Compliance, Great Lakes Dental Partners
How We Work Together
Practice Management Bridge
Help healthcare providers improve accounts receivables and practice efficiency, while optimizing the patient engagement and payment experience.
Who can benefit from Practice Management Bridge?*
*not an exhaustive list
Dental & DSOs
Orthodontics
General Medical
Specialty Medical
Dermatology
Chiropractic
Ophthalmology & Optical
Orthopedics & Physical Therapy
Veterinary Care
Not a good fit: Pharmacy Medical/Retail Spa w/out Doctor
VALUE PROPOSITION
Drive Patient Payments | Streamline Office Workflow | Improve the Patient Experience
Exclusive to Healthcare
Serves thousands of healthcare providers across all verticals with a patented solution.
Auto-Post Payments
Interface with existing patient accounting or billing systems.
Contactless Payments
Get paid faster by offering convenient ways to pay including Text to Pay, Mobile Wallets, and Card on File.
Scales to Your Needs
Accommodates the needs of healthcare organizations of any size.
Questions to Ask yourself:
What are your patient payment pain points?
What practice management software do you use?
What day/time works best for you to see the solution in action?
Next Steps:
A Practice Management Bridge product specialist conducts a demo tailored to address your needs.
