The shift in healthcare's payment responsibility has created a complex environment for healthcare organizations and unique opportunities for technology to solve it. Andrea Overman is a Southwest-based CMO with Chief Outsiders, specializing in Healthcare, Technology, Business Services, Growth Strategy, Product Management & Launch, and Sales Enablement. Rectangle Health is committed to offering leading technology that is an extension of the organization and makes lives easier for practitioners, staff, and patients. I also like the layout, which is easy on the eye, more attractive and efficient. To learn more, visit: www.rectanglehealth.com. Rectanglehealth.com is a Financial Services company and has headquarters in Valhalla,ny. Rectangle Health's technology solutions provide a bridge between patients and providers, enhancing the overall patient experience while creating value to its providers. Empower your Talent Acquisition teams to reach the right candidates directly,using the most accurate and up-to-date phone numbers of professionals. Collectly allows its corporate customers significantly increase financial liquidity by utilizing the in-house made AI to automate B2B receivables management. Since inception, the feedback from our healthcare providers has been tremendous. By collaborating with our customers and utilizing strong healthcare industry knowledge, we have been able to expand our product offering to continue to bridge new gaps while simultaneously expanding our resources across the healthcare payment industry. Rectanglehealth.com specialises in online healthcare, payment gateway, invoicing. NEW PYMNTS SURVEY FINDS 3 IN 4 CONSUMERS WITH STRONG DEMAND FOR SUPER APPS. Colabella says that 2020 has seen healthcare quickly execute massive changes in the areas of practice safety and protocols. It is not appropriate for any current or prospective investors in a TA investment vehicle and should not be considered an actual or implied endorsement of any advice, analysis, report or other service rendered by TA. Organize your contacts with fully customizable lists and integrate with your existing CRM or ATS for seamless workflow. Im a tech guy, he remarked. We set them up for growth and the ability to differentiate their unique services to the target market, related Overman. Drawing on her wide network of marketing talent, Overman brought in a full-service agency to develop the website and a digital marketing agency to help execute the plan. Q. Healthcare providers have access to in-depth analytics, providing insights into patient interaction with bills and payments. CBI websites generally use certain cookies to enable better interactions with our sites and services. We had no where to begin. We didnt expect to see this much analysis and planning, he exclaimed. We truly value all feedback we receive from our users and leverage that feedback to continually improve our operations and technology. We love it when we help our private equity partners and their portfolio companies achieve results that create real value for their investors., Not having a marketing background, I would never have been able to achieve the same results in-house without that experience first, concluded Colabella. Win whats next. To explore Rectangle Healths full profile, request access. We provide hospitals, physician practices, insurance groups and billing services with superior tracking, reporting and systems to effectively manage payments. With early growth numbers starting to come in, Rectangle Health is well on its way to meeting its stated revenue objective of $XXM by 2020. Join hundreds of satisfied customers globally. | TOS, Seniors Find Medicare Enrollment Confusing, Avoid Changing Plans, Natera Selected for UnitedHealthcares Preferred Laboratory Network, Medicare Advantage Plans Increase Profits By Dodging MLR Limitations, New Data Reveals Consumers Still Struggle with Healthcare Literacy, CMS Proposes 2.7% Increase in CY23 OPPS, ASC Reimbursement Rates, Amalgamated Family of Companies Announces the Appointment of Sanjay Chojar as Senior Vice President & Chief Information Officer, Why 6 Payers Recently Added Nontraditional Roles to Their C-Suites, California Approves Kaiser Permanentes Special Medicaid Contract. our sites and services. Scouring the web at all hours of the night wasn't gonna cut it. Power up your marketing and get people to pay attention to your business, pursuit, or clients. ZirMed, Kaufman Hall, The Hospital of Central Connecticut, and Cigna, ImagineSoftware, TSYS, Movement Mortgage, Bank of America Merchant Services, Bank of America, and Fleet Bank, TSYS, TransFirst, Vertrue, Hudson Valley Bank, and JP Morgan Chase - Rural Housing Business. Developer of a payment processing platform designed to provide a bridge between patients and providers while enhancing the overall patient experience. Colabella was very pleased with the process and the results generated by Overman and the management team. And, thats exactly what I need as a CEO, so I can focus on growing the organization., Grow the Enterprise division to $XXM by 2020, Prioritize opportunities and markets for 2017-2020, Determine key sources of revenue by sub-segment, geography and company size, Decide how to allocate the marketing budget. The marketing roadmap also specified dashboard metrics for web traffic, email, leads and prospects. But it was frustrating for us to have to wait for people to accept our connection requests (if they accepted them at all) and sending is too expensive..this was a major speed bump in our workflow and source of never ending frustration.. With the shear number of contacts we've been able to find using RocketReach, the platform has probably saved us nearly five years' worth of waiting. You can read more about your. Were thrilled to have worked with Rectangle on these important strategic growth initiatives, added Kobran. We sat down for two days working on the Enterprise Division name, Rectangle Health, related Overman. Founded in 2001, GI Partners is a private investment firm with over 100 employees based in San Francisco, California with offices in New York, Chicago, Greenwich, CT, and Scottsdale, AZ. He began his career as one of the first employees of Retriever Medical & Dental, now Rectangle Health. What makes Rectangle Health unique is we are a payments technology company devoted exclusively to the healthcare industry, he relates. Find out what 100,000 subscribers are interested in DistilINFO is media company that publishes Industry news, views and Interviews. Prior to this innovation, providers had to process payments outside of their office administration environments, a step that added extra time and effort. We were drawn to the company's strong growth profile, differentiated technology platform, and their highly experienced healthcare technology and revenue cycle leadership team. I truly believe that my wish for a safe and prosperous 2021 for the healthcare industry and all Americans can be a reality. RocketReach has given us a great place to start. Focused on targeted sectors within five industries technology, healthcare, financial services, consumer, and business services the firm invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 550 companies around the world. We can divert our attention to actually going after the customer now! Q. Its a high-action environment, moving at light speed. GI Partners' investment, in conjunction with existing investor TA Associates, a leading global growth private equity firm, will further accelerate Rectangle Health's growth as the company continues to drive innovative consumer-centric solutions to the healthcare industry. Ropes & Gray LLP served as legal advisor to GI Partners. "It has been a pleasure partnering with TA Associates over the past four years to build Rectangle Health into a leader in the healthcare market. At the time, most processing companies were offering healthcare providers the same products, services, and pricing as retailers. Dave Kreter and Travis Pearson, both of GI Partners, said they were impressed with Rectangle's leadership in a growing market. Fifty years ago, patients walked into a doctors office and were responsible for a small copay and left. Reach out directly with real-time validated email and phone numbers, and take it to the next step by creating personal and reusable email templates that integrate with your existing email provider. Founded in 1993 and based in Valhalla, New York, the company works with more than 60,000 healthcare providers, including medical practices, dental practices, veterinary clinics, large enterprise organizations and hospitals across the United States. ", Dave Kreter and Travis Pearson of GI Partners commented, "We are impressed with Rectangle Health's clear leadership in a growing healthcare payment market. Over the next year, Overman worked with the Rectangle Health team to define and address the strategic priorities that would generate the business outcomes the company and its private equity partners sought. Find the best candidates quicker than your competitors. Q. After taking on a private equity investment, the company sought to accelerate the growth of its Enterprise Division. Our proprietary technology can interface with any practice management software or health information system. Leaving no loose ends, the plan concluded with next steps, budget recommendations and risks. The work that Chief Outsiders did has taken a huge weight off my shoulders.. The bottom line is that it has been a effective tool in my work, as a non-profit reaching out to leadership. Traditionally doctors were treating patients and not getting paid at the time of service. By using Collectly, an average user collects about 65% of all outstanding debts fully automatically in a pre-legal stage, without any advances or commissions. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Looking up emails for a targeted outreach was manual and enormously time consuming. {{ userNotificationState.getAlertCount('bell') }}, , PYMNTS has collaborated with Rectangle Health on a pair of studies examining the consumer experience when paying for healthcare. Your go-to source for US Healthplan Industry Updates. "Both GI and TA have a great record of successfully scaling software companies, and we remain committed to developing innovative solutions that solve the practitioner's existing operational problems and anticipate what they'll need to thrive, Colabella said in a news release. Trusted by over 12.4 million users and 95% of the S&P 500. And, with the organization and processes we established, he also has more time to work on new technology offerings, partnerships and executing the overall growth plan., Im very excited about having a detailed marketing plan, added Peluso. Get in Touch, Mr. E by EasyLeadz is the easiest way to find B2B contact numbers with just one click.