MagTek, RevSpring partner to enhance payment security

Secure payment technology provider MagTek and patient engagement and revenue cycle management company RevSpring formed a strategic partnership Wednesday.

Through the collaboration, the organizations aim to improve the security of healthcare provider payment transactions. By integrating their technology and software, the partners hope to offer RevSpring clients full point-to-point encryption for sale and phone transactions.

"As the healthcare industry experienced growing damages from data breaches, we had to offer better, more comprehensive payment data security measures," Mike Alley, vice president of product and business development at RevSpring, said in a statement. "This is why we are thrilled to integrate MagTek's DynaPro and DynaPad and Magensa's Secure Transaction Service into our payment platform."

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