Rectangle Health has appointed FinTech and healthcare industry veteran Sid Singh as CEO. Singh succeeds Dominick Colabella, who has served as the company’s CEO since 2016, will continue to serve on its board of directors and remains a significant investor in the firm, Rectangle Health...
Healthcare shouldn’t be painful, but healthcare payments are rife with pain points, and unified platforms are one way providers and their partners are improving a vital process. We explore this in The Digital Platform Promise: How Patients Want to Streamline Healthcare Payments, a PYMNTS and Lynx collaboration based...
Amid a considerable expansion of Medicare plan choice and an increasingly complex Medicare market, online healthcare insurance marketplace GoHealth is making changes to its business model, focusing on proprietary technology, an embrace of more frequent plan shopping and switching, and a new definition of lifetime...
OpenLoop has raised $15 million in Series A funding for its white-label telehealth support platform. The firm has also begun enabling clients to offer reimbursable services to patients via a nationwide insurance payer network, complementing the existing cash pay options, OpenLoop said in a Thursday...
The pandemic kick-started a wave of short-term procurement solutions across industries as businesses struggled to stay afloat. For medical centers and other healthcare-related businesses, lockdowns also shone a light on gaps in sector procurement as major hospitals struggled to get the most basic supplies at...
As consumers struggle to pay for essentials, a long-used retail solution could help patients get much-needed care. Even before inflation took hold of consumer’s wallets, leading some to skip essential bills, medical debt and default were a major concern, representing 57% of U.S. consumer credit...
BoomerangFX has tapped Stripe to enable integrated payments within its clinic management platform. This move will add Stripe’s payment platform to BoomerangFX’s platform for aesthetic medical practices that include noninsured, private pay segments like dermatology, cosmetic surgery, medical spa, cosmetic dentistry and women’s health, the...
In a move to offset sagging electronics sales while going deeper into the growing home health trend, Best Buy is partnering with multi-state provider Atrium Health on at-home health. In a Tuesday (March 7) press release announcing the initiative, the two companies said, “This partnership takes...
WeightWatchers is acquiring subscription telehealth platform Weekend Health, which does business as Sequence. The planned acquisition will add Sequence’s platform, which offers access to healthcare providers who specialize in chronic weight management, to WeightWatchers’ other weight loss and weight management tools, WeightWatchers said in a...