Healthcare Payments
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New Health Coalition Pushes For Digital COVID Vaccination Records
Thursday 14th January - 11:20 am
A coalition of organizations in the health and technology industries has kicked off a campaign to allow individuals to easily access their COVID-19 vaccination records in a way that preserves ...Mastercard’s Saxena: Walgreens Deal Addresses Dual Priorities Of Payments And Healthcare
Thursday 14th January - 4:00 am
The relationship announced Wednesday (Jan. 13) between Walgreens, Mastercard and Synchrony is more than a standard co-brand deal. The three companies will now team up to provide a mix of ...Dollar General Offers Workers Extra Pay For Getting COVID-19 Vaccine
Wednesday 13th January - 11:32 am
What should retailers do to lure skittish customers back into their stores? Dollar General Corp. has reportedly come up with a solution: Offer employees the chance to get vaccinated on ...Google Allocates $3 Million To Counter Vaccine Misinformation
Wednesday 13th January - 7:21 am
The Google News Initiative (GNI) is rolling out a new open fund for up to $3 million to combat misinformation about COVID-19 vaccines, a blog post says.
The “COVID-19 Vaccine Counter-Misinformation ...Why Even The Haven JV Couldn’t Fix Healthcare
Monday 11th January - 4:02 am
It is not lost on David Goldhill that three of the biggest, smartest and most powerful companies in the world have disbanded their efforts to collectively fix the healthcare system.
But ...Do The Math: COVID Shows How Easily The Healthcare System Is Overwhelmed
Friday 8th January - 4:01 am
Even though he thinks waves of the coronavirus will be around for at least another year or two, LeanTaaS CEO Mohan Giridharadas said that at least one side effect of ...Change Is In The Air: Optum’s Acquisition Signals New Era For Healthcare Payments
Thursday 7th January - 5:11 pm
In the bid to transform the most paper-laden of verticals, to render an opaque system transparent, 2021 is already shaping up to be a banner year in healthcare.
To that end, ...Walgreens Retail Pharmacy USA Reports $27.2 Billion In Sales
Thursday 7th January - 10:15 am
Walgreens Boots Alliance, Inc. reported on Thursday (Jan. 7) as part of its Q1 fiscal 2021 results that its Retail Pharmacy USA division had $27.2 billion in sales, marking a 3.9 ...Hybrid Patient Models Lead Charge Into Healthcare’s Digital Phase
Thursday 7th January - 4:00 am
The pandemic did not create the problems with access and expense in the United State healthcare system. What COVID-19 did change, however, is the urgency with which the market was ...Walgreens Boots Alliance Accelerates Rollout Of Primary Care Clinics
Wednesday 6th January - 10:01 pm
Walgreens Boots Alliance (WBA) has turbo-charged its investment into VillageMD to facilitate the opening of between 600 and 700 new Village Medical at Walgreens primacy care clinics in the next ...UnitedHealth’s Optum Buys Change Healthcare For $13 Billion
Wednesday 6th January - 7:18 pm
After being bought by UnitedHealth, Change Healthcare will join with OptumInsight to boost software and data analytics, tech-fueled research and revenue cycle management offerings for healthcare, according to a press ...Kroger, CVS, Walmart Ready For Their Role As COVID Vaccinators
Wednesday 6th January - 1:59 pm
In the closing weeks of 2020, we learned that the distribution of COVID-19 vaccines will involve a mass retail mobilization. As gifting holidays shifted into high gear after Thanksgiving, The ...Moving Healthcare Providers To A New Payments Business Model
Wednesday 6th January - 4:02 am
The U.S. healthcare industry is plagued with two- and three-month billing delays and confusion about what is and isn’t covered by insurance.
Scott LoPresti, chief operating officer of Rectangle Health, told ...Today In Payments: Gojek Mulls $18 Billion Merger With Tokopedia; High-Profile Healthcare JV Haven Shuts Down
Tuesday 5th January - 4:58 pm
In today’s top news, Gojek and Tokopedia are reportedly discussing an $18 billion merger, and J.P. Morgan Chase, Amazon and Berkshire Hathaway are dissolving their joint healthcare venture Haven. Plus, ...Proposed Criminal Law Could Penalize New Yorkers For Skipping COVID Vaccine Lines
Monday 4th January - 10:54 pm
It could soon become illegal for companies or individuals to sell or administer coronavirus vaccinations to New Yorkers who are trying to bypass the line, CNBC reported.
New York Gov. Andrew ...High-Profile Healthcare Venture Haven Shuts Down; Could Signal Shift For JPMorgan, Amazon
Monday 4th January - 7:01 pm
In the end, there was no haven for Haven. As reported on Monday (Jan. 4), the healthcare startup – created in 2018 through joint efforts between Amazon, J.P. Morgan Chase and ...Today In Payments: US Consumers Expect To Return $115 Billion In Unwanted Gifts; Banks May Withhold Stimulus To Cover Overdraft Fees
Monday 4th January - 3:00 pm
In today’s top news, U.S. consumers are expected to return $115 billion in unwanted online orders from this holiday season, some stimulus recipients may see their checks go straight to ...Amazon, Berkshire, JPMorgan Fold Healthcare Disruption Startup Haven
Monday 4th January - 1:43 pm
Haven, the Silicon Valley healthcare disruption startup launched in 2018 by Amazon, Berkshire Hathaway and JPMorgan Chase, is being dissolved.
Sources told CNBC on Monday (Jan. 4) that Boston-based Haven advised employees ...Vaccine Passports Promise Safer Travel; Privacy Issues Remain
Monday 4th January - 12:13 pm
For frequent world travelers, the concept of needing a passport is nothing new. And in fact, a “vaccination passport,” proof that a person has been immunized against an infectious disease ...Flywire Sees 2021 As The Year To Advance Healthcare Payment Plans
Monday 4th January - 4:03 am
The demand for digital services and payments that COVID-19 has carried in its wake is turning digitization from an aspiration to a necessity for health systems. So creating a digital ...COVID-19 Vaccine Distribution Will Miss Year-End Targets
Tuesday 29th December - 4:43 pm
About two million people have received their first COVID-19 vaccine, which is far from the goal of vaccinating 20 million people by the end of the year.
Dr. Anthony Fauci, the ...Digital Payments Easing Pains For Hurting Medical And Dental Practices
Tuesday 29th December - 3:17 pm
In a time of mass illness and economic contraction, are doctors and hospitals feeling OK about payments? We hope so — but it takes more than hope to run a ...HealthEdge Closes Acquisition Deal With Altruista Health
Tuesday 29th December - 2:32 pm
Medical care management platform HealthEdge Software is acquiring the cloud-based healthcare solutions firm Altruista Health for an undisclosed amount.
HealthEdge’s HealthRules Payor solution will complement Altruista’s GuidingCare tool to streamline healthcare ...Deep Dive: A Digital Prescription For Treating The Medical Sector's Manual AR, AP Pains
Tuesday 29th December - 9:00 am
The healthcare sector has been put under a global microscope due to the pandemic, but many businesses in the industry are facing revenue losses despite high demand for COVID-19 care and increased telehealth use. Consumers ...Advisor: Biden Will Invoke Defense Production Act For Vaccine Production
Monday 28th December - 6:17 pm
The incoming administration of President-elect Joe Biden will likely look into boosting vaccine production by invoking the Defense Production Act, according to a member of his team, Axios reports.
The law, ...Giving B2B Dental Payments A Digital Treatment
Thursday 24th December - 8:00 am
Sluggish, paper-based insurance claims and payouts can leave dentists waiting weeks or even months to get paid — delays that can impact their cash flows. In this month’s Digitizing B2B ...AI, Automated Tools Root Out The Dental Industry's Insurance Payout Pains
Wednesday 23rd December - 4:00 am
Healthcare providers face uniquely complex payment flows. Firms in other sectors often provide goods and services to clients, then submit invoices and receive payments, but health clinics and hospitals go ...Justice Department Sues Walmart Over Opioid Sales
Tuesday 22nd December - 6:22 pm
The U.S. government sued Walmart Tuesday (Dec. 22), claiming that the retail giant exacerbated the country’s opioid crisis by not sufficiently keeping watch for suspect prescriptions despite warnings by its ...Health Insurer Oscar Is Just The Latest InsurTech To Join The IPO Bandwagon
Tuesday 22nd December - 2:08 pm
Health insurance platform Oscar is disclosing that it has confidentially filed for an initial public offering, becoming the latest InsurTech to look at going public following Lemonade’s hugely successful IPO ...IBM Partners With Salesforce For COVID-19 Health Screening App
Friday 18th December - 2:48 pm
IBM and Salesforce have teamed up to launch a health screening app that would protect users’ privacy while also providing vaccination and health status.
“At the start of the pandemic, many ...Sphere Acquires Health iPASS For Healthcare Payments Boost
Thursday 17th December - 9:07 pm
End-to-end integrated payment and security software provider Sphere has announced its acquisition of Health iPASS, according to a press release.
Health iPASS provides software for cloud-based patient engagement revenue cycle management, ...Today In Payments Around The World: British FinTech GoCardless Notches $95 Million; Australia's Openpay Rolls Out In The US
Thursday 17th December - 3:11 pm
In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has ...Rite Aid Reports 12 Pct Rise In Revenues
Thursday 17th December - 11:11 am
Rite Aid Corporation reported on Thursday (Dec. 17) as part of its Fiscal 2021 Q3 results that revenues rose 12 percent, fueled by expansion in the retail pharmacy and pharmacy ...WhatsApp Plans To Offer Healthcare Insurance, Pension Products In India
Wednesday 16th December - 10:33 pm
WhatsApp will debut options for health insurance and micro-pension products in India by utilizing new partnerships, according to a report from The Economic Times.
WhatsApp plans to partner with State Bank ...Zenefits Launches Healthcare Benefits Shopping Experience For SMBs
Wednesday 16th December - 9:39 pm
Human capital management firm Zenefits unveiled the rollout of a healthcare benefits shopping experience that enables small companies to shop, contrast, choose and administer health, vision and dental plans from ...Tencent-Backed WeDoctor Still Planning Huge IPO By February
Wednesday 16th December - 2:31 pm
Chinese healthcare technology group WeDoctor is still planning a massive IPO in Hong Kong in the coming months, despite the recent departure of its CFO, John Cai.
Sources told Bloomberg that ...How Virtual Cards Bring Greater Flexibility And Data To Healthcare Payments
Wednesday 16th December - 8:30 am
Healthcare claims processors often have to pay out various amounts to a multitude of doctors — tough when those payouts can be to as many as 100,000 physicians. In the ...Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech Breakup Over Anti-Competitive Practices
Tuesday 15th December - 3:00 pm
In today’s top news, the People’s Bank of China ordered merchants to accept cash and the EU has threatened to break up Big Tech firms if they violate anti-competition rules. ...Vaccine Now Available, Grocery Category Continues Digital Transformation
Tuesday 15th December - 12:21 pm
At long last a Covid-19 vaccine is officially being distributed in the United States. Getting it out, however, will be a long-term, multi-phase process. Mass distribution, if everything goes according ...Meijer Pharmacies Gear Up For COVID-19 Vaccine
Tuesday 15th December - 10:47 am
Pharmacies inside of Meijer stores are preparing for a comprehensive vaccine administration program as pharmaceutical manufacturers progress toward approved coronavirus vaccines, according to an announcement.
Meijer, the Midwestern grocery chain, is ...Virtual Cards Streamline, Simplify B2B Healthcare Payments
Tuesday 15th December - 4:03 am
The pandemic has left vendors struggling and more concerned than ever that they receive their funds without delay. Buyers, too, are eager for change and need to adopt accounts payable ...First Pfizer-BioNTech COVID-19 Vaccines Administered In US
Monday 14th December - 12:59 pm
The first doses of the Pfizer-BioNTech COVID-19 vaccine, outside of clinical trials, started being administered to healthcare workers and nursing home staffers on Monday (Dec.14).
“Collectively, we aim to vaccinate hundreds ...Vaccine Distribution Underway; Convincing Consumers Remains A Priority
Monday 14th December - 12:39 pm
The COVID case spike is certainly creating its own darkness around the world. But as the old expression goes, it is always darkest before dawn – and at this point, ...Whole Paycheck Tracker: Amazon, Walmart Play Different Roles In Vaccine Distribution
Friday 11th December - 11:00 am
After a year in which both Walmart and Amazon prospered in their share of the digital-first economy, the two retailers who lay claim to the U.S. consumer’s whole paycheck are ...CVS, Walmart To Provide COVID Vaccinations
Thursday 10th December - 10:44 pm
Major U.S. retailers CVS and Walmart are readying to begin distributing COVID-19 vaccines, according to published reports.
CNBC reported that CVS is ready to begin doling out the vaccines to the ...
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