Healthcare Financing

65% of Low-Income Earners Have Less Than $500 on Hand for Medical Emergencies
65% of Low-Income Earners Have Less Than $500 on Hand for Medical Emergencies
May 07, 2024  |  Healthcare Financing

More than 6 in 10 U.S. consumers who earn below $50,000 annually have less than $500 on hand for medical emergencies — and they are...

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Wellfit and HFD Team to Offer Dental Financing
Wellfit and HFD Team to Offer Dental Financing
April 09, 2024  |  Healthcare Financing

Healthcare technology platform Wellfit has teamed with FinTech HFD to offer consumers more health financing solutions. “This collaboration signifies a pivotal step towards enhancing accessibility to...

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The Role of Wellness Financing in Improving Health Outcomes and Building Customer Loyalty
The Role of Wellness Financing in Improving Health Outcomes and Building Customer Loyalty
January 30, 2024  |  Healthcare Financing

Financial health is a core component of overall health. The connection between financial stability and health is well established, and providing financial options can have...

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Synchrony to Acquire Ally Financial’s POS Financing Arm
Synchrony to Acquire Ally Financial’s POS Financing Arm
January 19, 2024  |  Acquisitions

Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business.  This acquisition includes $2.2 billion of loan receivables and relationships with...

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Mastercard Launches Healthcare Payments Solution
Mastercard Launches Healthcare Payments Solution
January 18, 2024  |  Healthcare Financing

Mastercard is launching a medical claim payment solution with key partners in India. The firm is collaborating with one of the country’s leading financial institutions and Remedinet,...

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Tower Community Bank Taps FintechOS for POS Healthcare Financing
Tower Community Bank Taps FintechOS for POS Healthcare Financing
January 17, 2024  |  Healthcare Financing

Tennessee-based Tower Community Bank has partnered with FintechOS to launch a point-of-sale (POS) lending platform.  The new Momentum by Tower embedded lending solution enables local businesses to provide financing...

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Brands Capitalize on FSA Spending to Boost Holiday Sales 
Brands Capitalize on FSA Spending to Boost Holiday Sales 
December 13, 2023  |  Retail

Although consumers are making purchases, the reluctance to spend remains prevalent. As such, brands and retailers are trying new ways to entice consumers to shop...

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CFPB Wants to Wipe Medical Bills From Credit Reports
CFPB Wants to Wipe Medical Bills From Credit Reports
September 21, 2023  |  Healthcare Financing

The Consumer Financial Protection Bureau (CFPB) has begun a rulemaking process aimed at removing medical bills from Americans’ credit reports. This move is intended to provide financial...

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Truemed Launches Platform for Using HSAs and FSAs for Wellness
Truemed Launches Platform for Using HSAs and FSAs for Wellness
September 18, 2023  |  Healthcare Financing

Truemed, a firm that aims to help individuals use their tax-free health savings accounts (HSAs) or flexible spending accounts (FSAs) for healthy food, exercise and...

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