Healthcare

Healthcare
FDA OKs Software That Turns AirPods Pro Into a Hearing Aid
September 17, 2024

The U.S. Food and Drug Administration (FDA) has  approved the Hearing Aid Feature (HAF), an over-the-counter (OTC) software that turns Apple AirPods Pro into a hearing aid for those with mild to moderate hearing loss. The HAF is the first FDA-authorized over-the-counter hearing aid software....

Healthcare
Pfizer Hopes Direct-to-Consumer Play Spurs New Era of Healthcare Accessibility
September 12, 2024

As important as the healthcare system is, it remains far from perfect. Fragmentation and opacity play a large part in that imperfection. The traditional healthcare journey can often be complex, with multiple touchpoints from primary care to specialists and pharmacies, and that’s before even touching...

Healthcare
Zelis Launches Solution for Out-of-Network Health Bill Payments
September 09, 2024

Healthcare technology company Zelis debuted an out-of-network payments solution. Health Bill Assist lets payers support plan members with out-of-network health bills at no cost to members, according to a Monday (Sept. 9) press release. “Out-of-network billing is not only confusing and frustrating for members, but...

Healthcare
SKU-Level Data Helps Consumers Avoid Losing $4 Billion in Healthcare FSA Funds, Banyan Says
September 09, 2024

Call it the $4 billion year-end problem, plaguing consumers and the healthcare industry like clockwork. That’s the amount of money that disappears from flexible spending accounts (FSAs) every year as the “use it or lose it” feature of FSAs kicks in. There’s a rush as...

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

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 improve payments from health plans to providers, Bloomberg reported Thursday (Sept. 5). According to the report, the deal will bring...

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

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 transactions and intricate billing systems, delays in payments have become a pressing issue, impacting cash flow and operational efficiency. A...

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

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 and the promise of technologically driven transformations, sits better healthcare payments. To understand how the evolution of healthcare billing and...

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

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 Reminders, a feature that lets clients turn payment invoices or text-to-pay requests into a “set-it-and-forget-it” collection campaign, the company said...

Healthcare
The Financial Downside of Mom as Family’s Number One Caregiver
August 27, 2024

Motherhood is one of the most important things in the world. But like many other important things, it can leave little time for much else, especially when taking action around women’s preventative health and wellness. “There’s a priority shift when women become mothers,” Bethany Weeby,...