Healthcare Payments

  • Will Medical Services Be Pharmacies’ Secret Weapon?

    April 12, 2019 Medical Services As Pharmacies' Secret Weapon?The U.S. faces a physical shortage today that some are predicting will turn into a crisis over the course of the next decade. According to a report by the Association ...
  • Ant Financial’s Health Plan Has More Than 50M Participants

    April 12, 2019 Ant Financial Services Group, the payment affiliate of Alibaba, launched a health aid plan in China that has landed more than 50 million users. According to a report in Reuters citing Ant ...
  • Walgreens Set To Open Primary Care Clinics In Houston

    April 11, 2019 Medical Services As Pharmacies' Secret Weapon?Walgreens and VillageMD, a leading national provider of primary healthcare, have announced a partnership to provide primary care services for adult patients in the Houston, Texas area. VillageMD will operate state-of-the-art ...
  • Medical Equipment Cos Charged In $1.2B Healthcare Fraud

    April 10, 2019 U.S. authorities announced that they have charged a number of individuals in connection with one of the biggest healthcare frauds ever prosecuted in the nation. The Medicare fraud case has accused ...
  • Morgan Stanley: Apple Healthcare Could Bring In $313B By 2027

    April 9, 2019 Morgan Stanley analysts predict healthcare to emerge as a key market for Apple, reports in CNBC said Monday (April 8). Apple’s offerings in the healthcare space could generate $15 billion in ...
  • How Big Tech Is Disrupting Big Healthcare

    April 8, 2019 healthcare technologyBig Tech is busy disrupting healthcare and shaping the industry’s future, and Amazon is showing the latest example of that — though it’s hardly the only force putting pressure for ...
  • Amazon Wants Alexa To Track Medicine, Provide Health Data

    April 8, 2019 Amazon.com is aiming to enable Alexa, its voice-activated digital assistant, to keep tabs on customers’ medicine and provide personal health updates. As part of an effort to expand into healthcare, Amazon ...
  • Digital Health Firms Prepare To Go Public

    April 7, 2019 Some digital health companies are finally getting set to go public. According to CNBC, Livongo, which provides services and tools to help people manage chronic medical conditions, has reportedly chosen bankers ...
  • CVS Rolls Out Same-Day Delivery For Prescriptions

    April 5, 2019 CVS Rolls Out Same-Day Prescription DeliveryTo provide medications to customers in a matter of hours, CVS Pharmacy is rolling out same-day prescription deliveries. Shoppers can access the offering at 6,000 pharmacy locations with the help ...
  • Amazon’s Alexa Now Offers HIPAA-Compliant Skills

    April 4, 2019 Amazon's Alexa Is Now HIPAA-CompliantAmazon just entered a whole new market now that Alexa, its voice-activated digital assistant, is HIPAA-compliant, which it means it can handle patients’ sensitive information. In a blog post, Amazon announced an invitation-only ...
  • Blockchain To Help Cure Hospital Supply Chain’s Ills?

    April 4, 2019 healthcare costsAs blockchain cleaves from its association with cryptocurrencies, one way distributed ledger technology is finding new use cases is through the application to logistics and supply chains. To that end, H-Source ...
  • Walgreens Slammed On Earnings Miss As Drug Prices Weigh

    April 2, 2019 WalgreensAmid a competitive landscape that is intensifying along with margin pressures, drugstore chain Walgreens Boots Alliance Inc. missed earnings estimates for the fiscal second quarter that ended Feb. 28. Investors fled ...
  • Small Business Administration Headed For Leadership Change

    April 1, 2019 President Donald Trump’s chosen head for the Small Business Administration (SBA) will leave the post and focus on helping Trump’s re-election efforts. Reports in The Associated Press on Friday (March 29) said SBA ...
  • Report: Supply Chain Analytics Revamp Could Boost Hospital Margins

    March 25, 2019 Supply Chain Analytics To Boost Hospital MarginsAcross all manner of verticals, efficient supply chains can boost margins, but in order to capture those efficiencies, supply chain management processes need a technological overhaul. So it is with the ...
  • The Complicated Role Of Speed In Payments And Commerce

    March 22, 2019 The Complicated Role Of Speed In Payments And CommerceFaster payments is starting to make a splash in healthcare — thought as one source cautions, innovation in B2B payments is about more than “getting faster.” Speed also plays a role in authentication — ...
  • How Payments (And Healthcare) Drive Digital Innovation

    March 21, 2019 There is a gap between what merchants say they want to do toward innovation and what they actually do — and from that gap come insights into retail and payments. A big payments ...
  • Curing Medical ID Pains With Biometrics

    March 21, 2019 Curing Medical ID Pains With BiometricsHere’s another place where passwords need to take a hike: healthcare. Bruce Forman, chief information security officer for UMass Memorial Health Care, tells PYMNTS that healthcare needs to take a ...
  • Will Faster Payments Spur Healthcare Innovation?

    March 21, 2019 Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. Not an entirely surprising fact, given that ...
  • Healthcare’s Cure For Ailing Passwords: Biometrics

    March 20, 2019 The average North American consumer is projected to have access to 13 networked devices by 2021, while the typical global user will have access to four. As consumers add to ...
  • Supply Chain Management’s Impact On Hospitals’ Financial Health

    March 18, 2019 It is generally accepted that digital supply chain management (SCM) strategies are good for business, yet it can be difficult to put a price tag on just how beneficial enhanced ...
  • Payments Code Down Under Makes Headway

    March 11, 2019 In Australia, more businesses are signing onto the late payments code that punishes late payers.  In the UK, there are calls to fine firms that pay freelancers late, and a ...
  • HealthJoy Lands $12.5M To Double Staff

    March 10, 2019 HealthJoy, the Chicago healthcare startup, has raised $12.5 million in venture funding. According to a report citing the company, the Series B round of fundraising was led by U.S. Venture Partners. ...
  • The Whole Paycheck Tracker: Suppliers Feel The Squeeze Edition

    March 8, 2019 Whole Paycheck Tracker, Walmart vs. AmazonThere is something to be said for being a happy warrior, and Walmart U.S. CEO Greg Foran was certainly one this week when he spoke of Walmart’s ongoing battle with Amazon for ...
  • The Whole Paycheck Tracker: Walmart vs. Amazon

    March 8, 2019 The Whole Paycheck Tracker: Walmart vs. AmazonThere is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility of Walmart purchasing his still ...
  • Kroger Sees Potential Opportunity In Healthcare Field

    March 7, 2019 KrogerGrocery giant Kroger is thinking about starting a new business venture related to the healthcare field, according to a report in Bloomberg. Kroger CEO Rodney McMullen told the news outlet ...
  • Meet Haven, Amazon’s Shared Healthcare Initiative

    March 7, 2019 Amazon-healthcare-Haven-JPMorgan-Berkshire-HathawayAmazon, J.P. Morgan and Berkshire Hathaway have finally revealed the name for their joint healthcare initiative: “Haven.” “We want to change the way people experience healthcare so that it is simpler, ...
  • Flywire Surpasses $10B In Total Payments Volume

    March 6, 2019 global-payments-flywireGlobal payments and receivables company Flywire enjoyed strong growth in 2018 that it plans to carry into this coming year and over $10 billion in total payments volume. Some of the ...
  • At 73 Pct, FIs Top Authentication Satisfaction — Here’s Why

    March 5, 2019 Whether going online to view their bank balance, book a doctor’s appointment or buy a pair of shoes, consumers must first confirm their identities. Online authentication is a built-in component ...
  • ATMs For Medicine? That’s One Way Pharmacies Are Going Digital

    March 4, 2019 Mobile HealthcarePharmacies and the delivery of prescription medication are both undergoing significant change, and much of the credit for that can be directly or indirectly attributed to the rise of eCommerce ...
  • Amazon Vet To Head Pharmacy Unit

    February 28, 2019 Amazon chose a 14-year company veteran to head up its new pharmacy business. Citing an internal company document, CNBC reported that Nader Kabbani is now “vice president of consumables, special projects.” ...
  • Cedars-Sinai Tests Smart Hospital Rooms With Alexa

    February 26, 2019 Cedars-Sinai Testing Alexa In Hospital RoomsCedars-Sinai, a hospital in Los Angeles, California, has begun a pilot program that placed an Amazon Echo in 100 patient rooms for hands-free nurse interaction and entertainment control, the hospital ...
  • Amazon’s Healthcare Plans Include Insurance, AI Utility

    February 21, 2019 Amazon Healthcare Includes Insurance, AI UtilityEver since Amazon turned its gaze to healthcare, questions about the eCommerce operator’s plans and intentions have outnumbered answers. That’s still true, and may remain so for the time being, ...
  • Can Healthcare Services Revitalize Retail For CVS?

    February 15, 2019 Healthcare Services Revitalizing Retail For CVS?CVS retail business, separate from its pharmacy operations, has had a difficult few years. Same-store sales have been falling, particularly as some staples that were once common drugstore sales have departed ...
  • Data As A Prescription For FIs And Healthy Healthcare Collections

    February 15, 2019 Data is everywhere, and ripe for the mining. It can help financial firms offer better services and can help healthcare providers set up payment plans tailored to individual clients’ needs ...
  • How Payment Plans Can Cure Healthcare Payments’ Biggest Problem

    February 14, 2019 Americans are on the hook for an ever-increasing percentage of their medical bills. As healthcare becomes a tough pill to swallow financially, 57 percent of consumers would like to set ...
  • Apple, VA To Provide Health Records To 9M Veterans

    February 11, 2019 Apple, VA To Provide Health Records To VeteransTech giant Apple will provide its Health Records feature on the iPhone to the upwards of nine million veterans in facilities all over the country, according to reports. “We have great ...
  • Merchants And Innovators Fight Friction — But Sometimes It Wins

    February 7, 2019 How Merchants And Innovators Fight FrictionReducing friction is among the top goals of the digital era. Sometimes, real-life payments hassles encourage entrepreneurial action to fix a global problem. Other times, innovators combine cutting-edge technologies in an attempt ...
  • Blockchain Gets A Nod In The Isle Of Man

    February 6, 2019 The Isle of Man sets up a sandbox for FinTech firms and blockchain efforts. In Japan, some of the largest banks, previously in joint blockchain initiatives, are refocusing their efforts. Facebook ...
  • Good Healthcare Requires Good Data — And Blockchain And Biometrics, Too?

    February 6, 2019 This isn’t some cheap dose of “Little House on the Prairie” nostalgia, but rather a shot of truth: We are a long way from small-town doctors treating patients for decades ...
  • How Hims Taps eCommerce To Take Taboo Out Of Millennial Male Health

    February 1, 2019 HimsMens health and personal care startup Hims offers up a pretty straightforward business proposition. Founded a little over a year ago, Hims seeks to tap the millennial male market by ...

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