Talk of innovation in healthcare often centers on new diagnostic tools, surgical robotics or artificial intelligence (AI)-enabled patient monitoring. But across major health systems and independent providers alike, it’s the financial back office and billing departments where one of the industry’s most transformative shifts is...
At the midpoint of 2025, the digital transformation of healthcare and insurance has moved fully from experimental to expected. Investors are no longer dazzled by technology promises alone; they want numbers, margins and credible paths to profitability. Second-quarter earnings reports from companies like Amwell, Oscar...
While many sectors have embraced the swift currents of digital innovation, a significant portion of the U.S. healthcare industry remains anchored in outdated payment practices, creating inefficiencies and straining financial health. A recent report, “Healthcare Payments Need Modernization to Drive Financial Health,” illuminates how manual payment systems...
Pharmaceutical companies are increasingly turning to telehealth platforms for direct-to-consumer drug sales. That’s according to a report Monday (Aug. 4) from Axios, which notes that this effort is happening as President Donald Trump is urging more companies to adopt the practice. Trump wrote last week to the...
With CVS reporting stronger earnings last week, in large part based on its deployment of digital solutions, we took a look at the App Provider rankings for prescription apps and found some surprises for July. The PYMNTS prescription app provider page offers a monthly ranking...
The White House said Wednesday (July 30) that several healthcare and tech companies pledged to begin building a “next-generation digital health ecosystem.” This initiative will begin by working to make it easier to share information between patients and providers and to increase the availability of...
Ambience Healthcare, an AI startup focused on the medical world, is now a $1 billion company. The company announced Tuesday (July 29) that it had raised $243 million in a new funding round. Ambience says the funding will help it expand its artificial intelligence (AI) platform, which...
Two top Trump administration officials are reportedly working with tech companies to promote healthcare data sharing. Health and Human Services Secretary Robert F. Kennedy Jr. and Centers for Medicare and Medicaid Services (CMS) Administrator Mehmet Oz were expected to host tech executives at a White...
Clover plans to launch a payments platform designed for small- to medium-sized healthcare providers, including those in primary care, dental services and behavioral health, in early 2026. Developed in partnership with healthcare payment solutions provider Rectangle Health, the new Clover PracticePay combines Clover’s point-of-sale system...