Healthcare payments

The systems, networks and workflows that move payments from consumers to healthcare providers at the time of service. As consumers become the largest payor of healthcare expenses, streamlining those flows, and using technology to establish more affordable payments options for consumers will increase the chances that consumers get the medical care that they require, and for providers to receive payments for the services they provide.

84% of Healthcare Organizations Report Financial Losses Due to Outdated AR Processes
84% of Healthcare Organizations Report Financial Losses Due to Outdated AR Processes
September 26, 2024  |  Healthcare

In an era where convenience is king, the healthcare sector remains shackled by outdated payment processes that jeopardize its financial stability. Despite the promise of...

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53% of Healthcare Organizations Have Automated Payment Workflows
53% of Healthcare Organizations Have Automated Payment Workflows
September 19, 2024  |  Healthcare

The healthcare industry faces significant challenges with outdated payment and claims systems, which undermine financial stability and patient satisfaction. Despite the potential benefits of digital...

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$3 Billion HealthTech Merger Aims to Cure Late Payments
$3 Billion HealthTech Merger Aims to Cure Late Payments
September 05, 2024  |  Healthcare

New Mountain Capital is reportedly combining three HealthTech firms in a $3 billion deal. The merger is designed to employ artificial intelligence (AI) to help...

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25% of Small Healthcare Provider Payments Arrive Late, Data Shows
25% of Small Healthcare Provider Payments Arrive Late, Data Shows
August 30, 2024  |  Healthcare

The healthcare sector, often burdened by slow and cumbersome payment processes, is undergoing a transformation aimed at alleviating financial strains. With a high volume of...

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Why the Future of Healthcare Payments Starts With Getting Rid of the Bill
Why the Future of Healthcare Payments Starts With Getting Rid of the Bill
August 29, 2024  |  Healthcare

The healthcare sector is riddled with change-the-game opportunities, frequently hidden behind entrenched fragmentations and inefficiencies. And at the center of this ecosystem, caught between traditional processes...

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Weave Debuts Payment Reminders for Medical Practices
Weave Debuts Payment Reminders for Medical Practices
August 27, 2024  |  Healthcare Financing

Weave has debuted a feature to help healthcare practices collect more outstanding balances. The experience platform for small and medium-sized medical practices has introduced Payment...

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US Bank Purchases Healthcare Payments Firm Salucro
US Bank Purchases Healthcare Payments Firm Salucro
August 22, 2024  |  Acquisitions

U.S. Bank has acquired healthcare financial technology firm Salucro Healthcare Solutions. The 20-year-old Arizona company, which focuses on patient payments and billing, had been a...

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RevSpring Adds Payments Tools to Oracle Healthcare Marketplace
RevSpring Adds Payments Tools to Oracle Healthcare Marketplace
August 21, 2024  |  Healthcare

Healthcare payments firm RevSpring has added its Arrived and PersonaPay solutions to Oracle’s Healthcare Marketplace. “RevSpring’s Arrived and PersonaPay provide patient self-service and staff-assisted tools...

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HealthEdge and Zelis Launch Healthcare Payments Partnership
HealthEdge and Zelis Launch Healthcare Payments Partnership
August 15, 2024  |  Partnerships

Digital healthcare platforms HealthEdge and Zelis have formed a partnership centered around healthcare payments. The collaboration, announced Thursday (Aug. 15), leverages HealthEdge’s core administrative processing...

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