This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Vantiv Accelerates Expansion Of Healthcare Payment Processing Services Through Agreement With NTelagent

CINCINNATI and NASHVILLE, Tenn., Oct. 22, 2012 /PRNewswire/ --  Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that it has entered into a co-marketing agreement with nTelagent, Inc., based in Nashville, Tennessee.  nTelagent provides pre-registration and point-of-service payment solutions for acute care providers across the United States.  The company's point-of-service solution for managing accounts receivable enables healthcare providers to settle accounts on the front end of the revenue cycle via real-time, customized scripts.

(Logo: )

With this agreement, nTelagent will market Vantiv payment processing services as a preferred provider option, and Vantiv will now offer nTelagent's point-of-service solutions as a choice to their healthcare clients and prospects.  The agreement builds upon the companies' existing payment processing relationship and will further accelerate the growth of healthcare processing business by Vantiv. 

"We are pleased to expand our reach within the healthcare industry through this agreement," said Donald Boeding, President of Merchant Services at Vantiv.  "With healthcare providers under increased pressure to more quickly settle accounts, the market is in need of ways to better facilitate financial transactions between patients and providers.  Together, Vantiv and nTelagent provide the solutions that make this happen."

The evolution of high deductible insurance plans and increasing patient payment responsibility is requiring healthcare providers to reevaluate and redesign their patient payment processes.  Nearly 25 percent of patient service revenue is paid by the patient today, and this number is expected to double by 2017.  More than 60 percent of patients indicate that they would pay with a credit card for healthcare transactions if they are informed more effectively at the point of service about their financial obligations and payment options.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,790.19 +13.76 0.08%
S&P 500 1,979.92 -7.13 -0.36%
NASDAQ 4,748.3610 -32.9030 -0.69%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs