TSYS and Rectangle Health Provide Solutions for Healthcare

10/25/17

COLUMBUS, Ga. & VALHALLA, N.Y.--(BUSINESS WIRE)--TSYS (NYSE: TSS), a leading provider of payment solutions, is pleased to announce a new strategic partnership with Rectangle Health – the foremost healthcare payment solutions provider in the country - to deliver its state-of-the-art integrated software for new and existing TSYS clients. Together, this will broaden the reach of TSYS and Rectangle Health, while enhancing the array of offerings TSYS provides its expanding customer base.

The decision for TSYS to partner with Rectangle Health was due in large part to Rectangle Health’s Practice Management Bridge™ processing software, and the opportunity it will provide TSYS to strategically strengthen its position in the healthcare marketplace.

“We are very excited to partner with Rectangle Health and promote their industry leading healthcare Practice Management Bridge,” says Carl Mazzola, president of Integrated Payments, TSYS. “With Practice Management Bridge, Rectangle Health has created a unique solution that both simplifies and strengthens the patient engagement process. Practice Management Bridge enables best-in-class payments features like card-on-file, EMV®, Apple Pay® and automatic posting to patient ledgers, while also allowing electronic signature capture and document management capability. We are excited to present Practice Management Bridge to our healthcare clients as the revolutionary solution they need to best service their patients."

“Our new relationship with TSYS is exciting and allows us to quickly expand our network of healthcare providers. A broader network gives us more opportunities to deliver a frictionless patient experience from provider to provider,” says Michael Peluso, general manager of Rectangle Health.

About TSYS

TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management. We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.

Our headquarters are located in Columbus, Ga., U.S.A., with approximately 11,500 team members and local offices spread across 13 countries. TSYS generated revenue of $4.2 billion in 2016, while processing more than 25.5 billion transactions. We are a member of The Civic 50 and were named one of the 2017 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.

About the Rectangle Health

Rectangle Health is a division of Retriever Medical/Dental Payments, LLC, a leading healthcare payment and premium processing company. Rectangle Health provides hospitals, physician practices, insurance groups, and billing services with superior tracking, reporting, and state-of-the-art systems to effectively manage payments. Founded in 1992, the company is headquartered in Valhalla, NY.

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