New Partnership in Healthcare Payment Processing Will Increase Revenue, Reduce Cost, Increase Profitability and Improve Patient Satisfaction

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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 iStream Financial Services:

iStream Financial Services is a premier provider of bank agnostic financial transaction solutions focused on facilitating payments, integrations, managing data and reducing the complexity of transactions via the PYMNTZ platform. The PYMNTZ platform’s core offerings include ACH, credit card, remote deposit capture, lockbox/remittance processing and reconciliation offerings - all on a single platform.

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 more information contact:
iStream Financial Services
Tom Cunningham
Spectrum Payments
Rick Knowles

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Richard Knowles

Tom Cunningham
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