iStream Financial Service Partners with Spectrum Payments to deliver the PYMNTZ™ platform to the healthcare market. Pymntz™ from iStream is the single solution for all payments, auto-posting to EMRs and reducing PCI scope, all while enhancing overall revenue cycle management for healthcare organizations.
This partnership will impact healthcare organizations by offering them tools previously available only to large scale facilities. Offering reduced processing costs, bank agnostic ACH options, fast funding times and reconciliation reporting will allow these healthcare facilities to offer superior service while reducing overhead.
“The combination of the financial acumen that Spectrum Payments brings, combined with the robust capabilities of the PYMNTZ is a winning combination for our clients,” said Fred Joachim, President of iStream Financial Services. “Allowing clients the ability to change the process but keep the relationship they have with their financial institutions has been a significant catalyst to our success. Spectrum Payments adds another layer of expertise, further fortifying this offering to businesses looking to reduce costs and accelerate revenue wherever possible.”
ABOUT SPECTRUM PAYMENTS
Rich Knowles -President of Spectrum Payments, has over 15 years’ experience in payment processing, healthcare revenue cycle management and accounts receivable management. He has designed and implemented payment solutions in revenue cycle management that have increased revenue, reduced costs, and increased profitability through process automation.
FOR SPECTRUM –