Rectangle Health and ECHO Health Forge Strategic Partnership to Revolutionize Payer Payments for Healthcare Providers

PR Newswire
Tuesday, August 5, 2025 at 1:01pm UTC

Rectangle Health and ECHO Health Forge Strategic Partnership to Revolutionize Payer Payments for Healthcare Providers

PR Newswire

New Collaboration Unlocks Unprecedented Access to the Industry's Most Expansive Digital Payment Network for Faster, More Secure Reimbursements

VALHALLA, N.Y., Aug. 5, 2025 /PRNewswire/ -- Rectangle Health, a recognized leader in healthcare technology solutions, today announced a partnership with ECHO Health, Inc. (ECHO®), a payments company focused on removing complexity, costs, and fraud risk from payment processing. This collaboration grants healthcare organizations unprecedented access to automated claims payment processing, Explanations of Payments (EOPs), and posting via the industry's most comprehensive digital payment network.

Rectangle Health's PayerSync™ solution fundamentally reinvents the payer reimbursement process by accelerating the revenue cycle for healthcare providers, delivering complete visibility into their payer payments, and reducing security and compliance risk through digitization, encryption, and automation. By integrating with ECHO, PayerSync users now gain expanded payments and remittance access to over 450 payers — ensuring significant reach and efficiency at the practice level.

"We're excited to partner with Rectangle Health, an organization who shares our passion, history, and innovative philosophy of simplifying healthcare payments," said Tom Davis, Chief Sales Officer at ECHO Health. "This collaboration represents a leap forward for the industry, fully digitalizing and automating the payment process at a critical juncture of the revenue cycle."

Current industry data, according to a Health Affairs Scholar study, indicates that healthcare providers typically endure a four- to six-week waiting period to receive and process payer reimbursements. PayerSync eliminates this bottleneck and speeds up the process by automating ECHO payments and EOPs into a single post directly within the healthcare organization's Practice Management System (PMS) or Electronic Health Record (EHR). Customers report that payments are processed an average of 50% faster and payer cycles are reduced by an average of 12 days or more. Additionally, more efficient workflows save an average of 20 staff hours each month per location.

PayerSync automates ECHO payments through encrypted API connections, delivering secure, compliant deposits directly into the provider's bank account — eliminating manual card entry and reducing errors. During this process, EOPs are standardized into a consolidated, consistent format, including remark codes. Finally, claims remittance can be easily reviewed and posted directly to patient accounts within the PMS or EHR.

"Through our partnership with ECHO, healthcare providers will activate PayerSync, an incomparable reimbursement experience that is completely automated," said Michael Peluso, Chief Product and Strategy Officer at Rectangle Health. "This is the fastest way to receive payer payments, and it alleviates hours of tedious work that burden healthcare office staff and reduce the practice's profits."

To learn more, visit www.payersync.com

About Rectangle Health: 
A leader in innovative healthcare technology for over 30 years, Rectangle Health is a trusted partner to more than 40,000 healthcare providers. The company's comprehensive platform, Practice Management Bridge®, streamlines daily business operations including communications and engagement, and revolutionizes payments and insurance reimbursements with advanced solutions such as PayerSync™, alongside 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.

About ECHO Health

ECHO® delivers market-leading payment solutions by removing complexity and cost from every transaction. Our innovative solutions are backed by over 25 years of experience solving diverse payment challenges. These proven solutions address the needs of insurers, consumers, technology partners, and over 1.6M service providers that comprise the ECHO Payment Network, while driving customer satisfaction with payment choice for all payees. We securely distribute $180B in payments and save our customers over $1B each year with seamless, flexible integrations. ECHO is payments simplified.

Media Contact:
Julian Byrne
anthonyBarnum Public Relations
julian.byrne@anthonybarnum.com 
(512) 665-9258

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SOURCE Rectangle Health