Virtual Payments: The Cure For What Ails Healthcare Providers

What's Next In Payments®
8:27 AM EDT January 3rd, 2013

According to some studies, about 30 percent of all healthcare costs in America are administrative in nature. How can those costs be reduced? According to Melissa Smith, president of the Americas, and Jim Pratt, vice president of corporate payment solutions at WEX, virtual payment solutions are key. PYMNTS.com spoke with Smith and Pratt about how virtual solutions can help to eliminate the check, provide payroll to the underbanked and help the healthcare industry save on administrative costs.

Comments
Also by This Author
What's Hot
Mobile Commerce
PayPal Rethinks NFC to Enhance Security
News
FIDO Alliance Appoints Samsung Electronics to Board of Directors
Mobile Commerce
Apple Interviewing Execs for New Payments Business
Merchant Innovation
NetSpend, Western Union to Introduce Joint Prepaid Card
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Mobile Commerce
PayPal Rethinks NFC to Enhance Security
News
FIDO Alliance Appoints Samsung Electronics to Board of Directors
Mobile Commerce
Apple Interviewing Execs for New Payments Business
B2B Payments
Germany Expands Punctuality to B2B Remuneration
View All Articles ››