Call it the $4 billion year-end problem, plaguing consumers and the healthcare industry like clockwork. That’s the amount of money that disappears from flexible spending accounts (FSAs) every year as the “use it or lose it” feature of FSAs kicks in. There’s a rush as...
New Mountain Capital is reportedly combining three HealthTech firms in a $3 billion deal. The merger is designed to employ artificial intelligence (AI) to help improve payments from health plans to providers, Bloomberg reported Thursday (Sept. 5). According to the report, the deal will bring...
The healthcare sector, often burdened by slow and cumbersome payment processes, is undergoing a transformation aimed at alleviating financial strains. With a high volume of transactions and intricate billing systems, delays in payments have become a pressing issue, impacting cash flow and operational efficiency. A...
The healthcare sector is riddled with change-the-game opportunities, frequently hidden behind entrenched fragmentations and inefficiencies. And at the center of this ecosystem, caught between traditional processes and the promise of technologically driven transformations, sits better healthcare payments. To understand how the evolution of healthcare billing and...
Weave has debuted a feature to help healthcare practices collect more outstanding balances. The experience platform for small and medium-sized medical practices has introduced Payment Reminders, a feature that lets clients turn payment invoices or text-to-pay requests into a “set-it-and-forget-it” collection campaign, the company said...
Motherhood is one of the most important things in the world. But like many other important things, it can leave little time for much else, especially when taking action around women’s preventative health and wellness. “There’s a priority shift when women become mothers,” Bethany Weeby,...
Healthcare payments firm RevSpring has added its Arrived and PersonaPay solutions to Oracle’s Healthcare Marketplace. “RevSpring’s Arrived and PersonaPay provide patient self-service and staff-assisted tools for scheduling, patient intake, and payments, creating one coordinated experience for patients and clinicians without leaving the workflow,” the company...
Teladoc Health boasts substantial strengths and is positioned for enhanced performance, but according to new CEO Chuck Divita, there is work to do. “The company has many strengths to build upon and to drive higher levels of execution and performance,” he said during the company’s...
There are few sectors outside of healthcare that are more emblematic of both digital technology’s potential and the challenges that come with implementing it. In an era where digital transformation is sweeping across industries, the healthcare sector finds itself grappling with the challenge of modernizing...