Private equity-backed Envision Healthcare has filed for bankruptcy, citing COVID, inflation and clashes with insurers. The Tennessee-based company, backed by investment giant KKR, announced in a Monday (May 15) press release that it had agreed to a restructuring plan for debt obligations of roughly $7.7...
The healthcare industry is experiencing a rapid shift to digital channels, and older generations are embracing this change. PYMNTS’ data shows that 64% of baby boomers and seniors have already adopted digital channels for some healthcare activities. We also find that they are highly satisfied...
In the post-pandemic era, financial health is closely intertwined with physical health. The pressures of paying for healthcare, as deductibles and out-of-pocket expenses increase, are illustrated by findings this month from the Consumer Financial Protection Bureau, which revealed that consumers spent $1 billion in deferred interest...
Healthcare is essential for consumers of all ages, but different generations tend to obtain their healthcare products and services very differently. Catering to generation patterns and preferences is critical to healthcare organizations, to optimize healthy people — and providers. Analyzing demographic differences in digital healthcare access...
Tivic Health Systems has launched a B2B portal to support sales of its bioelectronic medical equipment. The portal provides a streamlined ordering and fulfillment process for pharmacy groups, healthcare providers, wholesalers and distributors, Tivic Health Systems said in a Monday (May 8) press release. It...
Giant corporations have begun buying up primary care practices to access their vast patient pools. Examples covered in this space include Aetna’s $11 billion acquisition of Oak Street Health, and Amazon’s $4 billion purchase of One Medical. But as The New York Times reported Monday...
The high cost of health care is leading many consumers to take on high-cost debt. Recent data from the Consumer Financial Protection Bureau (CFPB) underscores the greenfield opportunity for providers to offer alternative financing and personalized payment plans — upfront. As reported this week, a new...
Medicine is a serious business, as is saving on medicine. For that reason, we present the PYMNTS Provider Rankings of Prescription Apps monthly to gauge the apps helping consumers afford pricey remedies. For what is normally a quiet ranking, we’ve got some changes to discuss this time...
Bolt Founder and Chairman Ryan Breslow has launched a new venture. The new company, of which Breslow is founder and CEO, launched Monday (May 1) and is a curated wellness marketplace called Love. “At Love, we’re creating space in the world for Love and Healing,”...