Healthcare news and trends

High-Income Women Spend Nearly $1K on Their Own Health, Wellness Annually

May 17, 2024
woman with doctor
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push
Retail // May 17, 2024

Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income customers in the process. Amazon, for its part, announced Wednesday (May 15) the introduction of...

Steep Hospital Costs Help Inflation Persist
Economy // May 16, 2024

American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall Street Journal (WSJ) reported Thursday (May 16), citing data from the U.S. Department of Labor. The...

Instant Payments Emerge as Balance Sheet Boost for Independent Restaurants
Real-Time Payments // May 15, 2024

Small to mid-sized businesses (SMBs) in the restaurant segment now use instant payments more than other payment methods. PYMNTS Intelligence finds that 74% of businesses surveyed sent instant payments in the last year. Moreover, 40% identify an instant option as their most used form of...

Report: Waystar Plans to Launch IPO in Early June
IPO // May 14, 2024

Waystar is reportedly planning to launch its initial public offering (IPO) in early June, seeking a valuation of $5 billion or $6 billion. The healthcare payments company will begin its roadshow pitch to investors later in May, the Wall Street Journal (WSJ) reported Tuesday (May 14), citing unnamed sources. Waystar...

Interviews & Exclusives
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push

May 17, 2024
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income customers in the process. Amazon, for its part, announced Wednesday (May 15) the introduction of Amazon Access, a platform aimed at providing easier and more […]

Study Finds Small Business Healthcare Providers Receive 25% of Payments Late

May 09, 2024
Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence surveyed for “Small Business Real-Time...

Pharmacy AI Set to Grow as Companies Look to Streamline

May 07, 2024
The robots are coming — to a pharmacy near you. As the world looks to streamline healthcare, the pharmacy automation market is poised to be just what the doctor ordered,...

Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant

April 29, 2024
There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as...

Quick Reads
Steep Hospital Costs Help Inflation Persist

May 16, 2024
American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall Street Journal (WSJ) reported Thursday (May 16), citing data from the U.S. Department of Labor. The report also included an analysis — performed for the WSJ […]

Report: Waystar Plans to Launch IPO in Early June

May 14, 2024
Waystar is reportedly planning to launch its initial public offering (IPO) in early June, seeking a valuation of $5 billion or $6 billion. The healthcare payments company will begin its roadshow pitch to...

Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform

May 10, 2024
Sift Healthcare has raised $20 million in a Series B funding round to grow its artificial intelligence (AI)-powered Payments Intelligence Platform for the healthcare industry. The company will use the new...

Biden Administration to Propose Cybersecurity Standards for Hospitals, Other Entities

May 09, 2024
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security...