Rectangle Health, a recognized leader in healthcare technology solutions, announced a strategic collaboration with Netsmart, an industry-leading platform company delivering solutions and services for community-based care providers. Rectangle Health's flagship platform, Practice Management Bridge^®, is now the embedded payments engine within Netsmart TheraOffice^®, the innovative physical therapy and outpatient rehabilitation electronic medical record (EMR) and practice management system.

"By combining the power of the TheraOffice platform with the Rectangle Health payment technology, we're giving practices a powerful tool that aims to streamline operations, boost profitability and deliver a frictionless experience for both staff and patients," said AJ Peterson, SVP & GM of Interoperability & Consumer Engagement, Netsmart.

The embedded payment platform aims to ensure high standards of patient data privacy and security, while delivering a near-seamless experience across billing, payment collection and reporting. Built to scale with practices of varying sizes and specialties, the TheraOffice practice management software equips providers with the tools to unify care delivery, optimize revenue cycle performance and utilize near real-time data for smarter decision-making — helping providers thrive in a value-based world.

"This partnership marks a pivotal step in transforming how therapy practices manage payments," said Brian Doyle, Executive Vice President of Growth at Rectangle Health. "By embedding our technology into TheraOffice, we're not just improving efficiency—we're unlocking new pathways for growth and financial performance."