athenahealth, Inc. (NASDAQ: ATHN), a leading provider of internet-based business services to physician practices, today announced that it has entered into a strategic relationship with U.S. Bancorp (NYSE: USB) and its subsidiary, Elavon, to launch a new Integrated Payment Processing service that will include a new Credit Card Plus (CCP) solution for athenahealth physician clients nationwide. The comprehensive payment processing service has been designed to streamline patient paper check and credit card transactions to enable an improved and secure checkout process for physicians and their patients. As part of this new offering, athenahealth clients will also gain access to a comprehensive suite of integrated financial services, including merchant processing, treasury management, lockbox, and wealth management.
“This alliance underscores the value that U.S. Bancorp brings to clients who seek an integrated approach to their payment processing and other financial services”
The CCP solution is being linked to athenahealth’s revenue cycle management service, athenaCollectorSM, and will enable secure payment and deposit of patient transactions by practice staff via athenaNet®, the Company’s centrally hosted, web-based software platform.
As a result, this new service will offer a number of benefits to physician practices across the athenahealth network: