TSYS, Total System Services Beats on Q3 Earnings

TSYS, Total System Services, Inc.’s (TSS), third-quarter 2017 earnings grew 23.9% year over year.

TSYS is a leading provider of payment solutions.

TSYS earnings per share of 88 cents surpassed the Zacks Consensus Estimate by 14.3%.

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Meanwhile, TSS announced a new strategic partnership with Rectangle Health to deliver its state-of-the-art integrated software for new and existing clients.  As a result, this will broaden the reach of the company to an expanding customer base and strengthen its position in the healthcare market.

“We are very excited to partner with Rectangle Health,” says Carl Mazzola, president of Integrated Payments.  “With Practice Management Bridge, Rectangle Health has created a unique solution that both simplifies and strengthens the patient engagement process. Practice Management Bridge enables best-in-class payments features like automatic posting to patient ledgers. In addition, it will allow electronic signature capture and document management capability.”