--- title: Stitch PEO and Flychain Announce Partnership description: Streamline financial management for healthcare providers with the Stitch PEO and Flychain partnership, focusing on reducing costs and adding efficiency. image: https://stitchpeo.com/hubfs/2-Oct-15-2024-05-14-18-8741-AM.svg --- [Skip to content](https://stitchpeo.com/resources/flychain-partnership-announcement#main-content) [![Stich Logo](https://stitchpeo.com/hubfs/raw_assets/public/Stitch%20-%20Theme%202024/images/stichlogo.svg "Stich Logo")](https://stitchpeo.com/) - [Employee Portal](https://my.stitchpeo.com/uex/#/auth/login) - [Manager Portal](https://app.stitchpeo.com/sse/) - [What We Do](https://stitchpeo.com/peo-services) - [Benefits and Benefits Administration](https://stitchpeo.com/benefits-and-benefits-administration) - [Payroll Administration](https://stitchpeo.com/payroll-administration) - [Human Resource Management](https://stitchpeo.com/human-resource-management) - [Risk and Compliance Management](https://stitchpeo.com/risk-and-compliance) - [Who We Are](https://stitchpeo.com/who-we-are) - [Resources](https://stitchpeo.com/resources) - [Contact](https://stitchpeo.com/contact) - [Careers](https://stitchpeo.com/career) [Book a Consultation](https://stitchpeo.com/demo) # Stitch PEO and Flychain Announce Partnership [Stitch](https://stitchpeo.com/resources/author/stitch) October 15, 2024, 12:00:00 PM CDT Stitch PEO, the first and only PEO designed exclusively for independent healthcare groups, has partnered with [Flychain,](http://flychain.us) a leading provider of enterprise-level financial tools for healthcare providers with services like accounting, capital, valuations, treasury management, savings, and revenue cycle intelligence. This powerful partnership aims to simplify human resources (HR) and financial management for healthcare providers, ultimately freeing them to focus on delivering high-quality patient care and driving business growth. Both Stitch PEO and Flychain were founded to tackle the unique challenges independent healthcare groups face, offering innovative solutions that seamlessly integrate into their operations without disrupting patient care. “At Stitch PEO, we are dedicated to empowering independent groups with the resources they need to succeed,” said Rajesh Voddiraju, Founder and CEO of Stitch PEO. “Our partnership with Flychain brings a fresh approach to long standing industry challenges, allowing us to deliver even more robust HR and payroll solutions that healthcare group owners and managers can rely on daily.” This collaboration will leverage the strengths of both companies to deliver a comprehensive suite of services to help healthcare providers. - **Reduce Costs**: Independent healthcare providers save by unifying vendors and employee benefits under a singular vendor.  - **Boost Efficiency**: Streamline payroll processing and offload essential HR tasks, freeing time for healthcare professionals to focus on patient care. - **Improve Cash Flow:** Access multiple forms of capital for growth including receivables financing, lines of credit, and SBA programs. - **Ensure Accurate Bookkeeping:** Gain access to full-service bookkeeping, delivering precise and reliable accounting to empower better business decisions. - **Derive Valuations: **Receive business valuation estimates for strategic planning, with financials prepared in a buyer-preferred format, ready for when it’s time to sell. - **Access Expert Support:** Stitch PEO and Flychain provide white-glove support for all HR and financial management needs. ​​“We’re excited to partner with Stitch PEO to address two critical pain points—HR management and financial inefficiencies—that often hinder healthcare providers from financially thriving,” said Ethan Schwarzbach, CEO and Co-Founder of Flychain. “By combining Flychain’s financial toolkit with Stitch PEO’s HR solutions, we offer healthcare practices a streamlined, cost-effective approach to running a practice, empowering them to focus on patient care.” Stitch PEO provides employee benefits, HR management, payroll services, and compliance support by bringing healthcare practices together to achieve economies of scale, ultimately reducing costs and enhancing efficiency. Since securing $8.75 million in funding in June 2024, the fully integrated platform has addressed key workforce challenges by streamlining recruitment, hiring, onboarding, HR management, and benefits administration—easing administrative burdens and allowing healthcare professionals to focus more on patient care. Flychain joins as Stitch PEO's first financial services partner, further improving the experience of independent healthcare groups.  To learn more about Stitch PEO and Flychain, visit stitchpeo.com and [flychain.us](http://flychain.us) [Partnerships](https://stitchpeo.com/resources/tag/partnerships) ## Read On [![](https://stitchpeo.com/hs-fs/hubfs/Untitled%20design%20-%202024-02-28T161526.346.png?width=352&name=Untitled%20design%20-%202024-02-28T161526.346.png)](https://stitchpeo.com/resources/hr-and-financial-priorities-for-2025) ### [HR and Financial Priorities for 2025: What Every Healthcare Provider Needs to Focus On](https://stitchpeo.com/resources/hr-and-financial-priorities-for-2025) The healthcare industry is constantly evolving, with it, the Financial Management and Human... [![](https://stitchpeo.com/hs-fs/hubfs/Screenshot%202025-02-18%20at%2011.12.57%20AM.png?width=352&name=Screenshot%202025-02-18%20at%2011.12.57%20AM.png)](https://stitchpeo.com/resources/webinar-top-5-hr-financial-priorities-in-2025) ### [Webinar: Top 5 HR & Financial Priorities for Healthcare Providers in 2025](https://stitchpeo.com/resources/webinar-top-5-hr-financial-priorities-in-2025) Prefer to listen? Listen here {% video\_player "embed\_player" overrideable=False, type='hsvideo2',... [![](https://stitchpeo.com/hs-fs/hubfs/Stich%20Blog%20MGMA%20Image.png?width=352&name=Stich%20Blog%20MGMA%20Image.png)](https://stitchpeo.com/resources/join-stitch-peo-at-the-2023-il-mgma-fall-financial-conference) ### [Join Stitch PEO at the 2023 IL MGMA Fall Financial Conference](https://stitchpeo.com/resources/join-stitch-peo-at-the-2023-il-mgma-fall-financial-conference) Announcing Stitch PEO as the main sponsor at this year’s IL MGMA Fall Conference, themed "Aligning... 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