No industry was hit harder by supply chain disruptions from the COVID-19 pandemic than the healthcare space. The consequences of volatility were dire, often life-threatening, and have forced healthcare providers to reconsider their procure-to-pay strategies. Yet healthcare equipment and supplies procurement is not a burden that rests solely on the...
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 supplements, publicly launched Monday (Sept. 18). Merchants have already managed $3 billion of gross merchandise volume (GMV) through the platform, TechCrunch reported Monday. These merchants include CrossFit,...
Consumers are increasingly turning to digital channels such as online patient portals to streamline communication with healthcare providers and the management of their care. Digital tools used for activities such as booking appointments, obtaining test results and making payments are becoming preferred — if not expected — especially among digital-first...
Experian has acquired Wave HDC, a health tech firm offering AI-powered data curation. The deal is designed to help Experian Health leverage Wave’s technology to offer more comprehensive and faster healthcare coverage identification and automation capabilities, according to a Thursday (Nov. 30) press release. Wave uses artificial intelligence (AI) to identify “unknown insurance benefits coverage”...