Direct-to-consumer (D2C) platforms emerged as an early winner of the business landscape’s digitization. From consumer goods to healthcare, D2C platforms and their transformative go-to-market strategies caught fire, disrupting traditional silos and sales channels by activating new technologies and leveraging digital solutions to better democratize access...
Consumers who use payment plans to cover their out-of-pocket healthcare costs are more than twice as likely as the overall population to be faced with unexpected bills. This finding from PYMNTS’ study “Managing Healthcare Costs: How Patients Use Payment Plans” suggests that these surprise costs...
Amazon’s Prime Day deals include a savings of $55 — 28% off the usual price of $199 — on an annual One Medical membership. The deal is available to new U.S. members and applies to their first year of membership, Amazon said in a Friday...
As consumers interact with digital platforms to get their healthcare needs met, they increasingly want these tools to be able to do everything for them, from financing bills to finding providers to investing in their health savings accounts. For PYMNTS’ study “Healthcare In The Digital...
In healthcare, the latest acquisition brings to mind that old Fred Astaire song lyric: “Won’t you change partners and dance with me?” On Monday, as had been reported here, Amedisys, the home health and hospice firm, agreed to be acquired by UnitedHealth’s Optum. In doing so, the...
Healthcare companies stand to benefit from the adoption of modern payment methods and digital platforms, whether for payments or for disbursements. Although this process is not always easy, as evidenced by the high rates of unsuccessful implementations, it is nonetheless necessary. The problems with existing...
Healthcare can be a source of frustration in the lives of too many consumers. Although there is a lot of attention on the cost and quality of care, there is less on another important part of the equation: how consumers pay for health-related products and...
Health spending will represent about 20% of the United States economy by 2031. The sector represented 18.3% of the country’s gross domestic product (GDP) in 2021 and will grow its share to 19.6% in 2031, the Centers for Medicare & Medicaid Services’ (CMS) Office of the...
Healthcare costs are skyrocketing, making it more important than ever for health plans to find ways to engage their members and promote healthy behaviors. One way to achieve this is by using supplemental benefits, such as gym memberships and funds for healthy foods. Still, these...