ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Clover Expands Support to Healthcare with Announcement of Clover PracticePay™ powered by Rectangle Health, a Seamless, Modern Payment Solution for Providers

New platform designed to promote compliance with HIPAA requirements and address rising demand for digital payment experiences for healthcare providers

Clover, the world's smartest point-of-sale system, under parent company Fiserv, today announced Clover PracticePay, an all-in-one payments platform designed specifically to support small and medium-sized healthcare providers. Developed in partnership with Rectangle Health, a leader in healthcare payment solutions, Clover PracticePay simplifies the way healthcare practices manage payments and enhance practice efficiencies, offering the digital tools that today’s providers and patients expect.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250721597116/en/

Clover announces Clover PracticePay™ powered by Rectangle Health, an all-in-one payments platform designed specifically to support small and medium-sized healthcare providers.

Clover announces Clover PracticePay™ powered by Rectangle Health, an all-in-one payments platform designed specifically to support small and medium-sized healthcare providers.

The partnership between Clover and Rectangle Health meets an essential need in today’s healthcare landscape, where providers are increasingly focused on creating a more modern healthcare environment. The introduction of Clover PracticePay marks a significant milestone for Clover, extending its reach beyond core verticals of restaurant, retail, and personal services and into one of the country’s largest, most in-demand, and most rapidly evolving markets.

"As we continue to evolve Clover to meet the needs of small and medium-sized businesses, trusted partners like Rectangle Health play a critical role in delivering specialized solutions for key industries,” said Katie Whalen, SVP, Head of Merchant FI Channels & Small Business Strategy at Fiserv. "Healthcare is an important vertical for the banking industry, and with this new solution, we are enabling our financial institution partners to better serve a critical customer base within their communities. By uniting Clover's leading technology with the strength and security of Rectangle Health's purpose-built software, we are extending our reach into healthcare and enabling providers to operate more efficiently, improve payment flows, and enhance the patient experience."

Powered by Rectangle Health’s trusted Practice Management Bridge® technology and Clover’s award-winning hardware and value-added services, the Clover PracticePay solution is designed to comply with HIPAA and PCI requirements and enables providers to streamline the payment journey from end to end. Key features include financing options, recurring billing, text-to-pay, QR codes, and online payment portals, all available through a branded Clover dashboard that works alongside a provider’s practice management software.

“Together with Clover, we are proud to set a new standard for practice management and payment solutions in the healthcare space,” said Dominick Colabella, CEO at Rectangle Health. “This collaboration will enable providers to enhance their financial systems while remaining focused on what matters most – their patients.”

Clover PracticePay will provide a powerful tool for a wide range of providers, including primary care, dental services, behavioral health, and more. The solution is slated to launch in early 2026.

To learn more about Clover, visit Clover.com and follow @clovercommerce on Instagram, X, Facebook, and LinkedIn.

About Fiserv

Fiserv, Inc. (NYSE: FI), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover®, the world’s smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500® Index, one of TIME Magazine’s Most Influential Companies™ and one of Fortune® World’s Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.

About Rectangle Health

Rectangle Health is a pioneer of technology-driven payment solutions specifically designed for the healthcare industry. For over three decades, the company has empowered healthcare providers with a comprehensive suite of services that streamline payment processes, enhance patient relationships, and comply with regulatory standards, ensuring that healthcare practices can focus on what matters most—their patients. Learn more at rectanglehealth.com.

FI-G

Contacts

Fiserv Media Relations:

Alex Ebanks

Vice President, Communications

+1 718-928-5727

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.