Hospital news and trends

Short-Term Healthcare Plans Leave Many Patients Holding The Bill
Healthcare // June 25, 2020

A new report from the Democratic Staff Committee has concluded that short-term healthcare plans are “dangerous” and “unregulated,” saying they would leave those who purchased them with thousands of dollars of debt. The report discusses Short Term Limited Duration Health Insurance (STLDI) plans, which are...

Sphere, VisitPay Debut Text To Pay For Healthcare
Merchant Innovation // February 28, 2020

Sphere, a leader in end-to-end payment solutions, will team up with VisitPay, which works with medical patient payment and security, to improve patient payment processes. The two entities launched on Thursday (Feb.27) a mobile payment solution called Text to Pay, which works with healthcare providers...

Deep Dive: How Digital Updgrades Help Healthcare Providers’ Cash Flows
B2B Payments // January 21, 2020

Healthcare providers must carefully safeguard their cash flows to operate, but many face hurdles to getting fully compensated for provided services. The American Hospital Association (AHA) told PYMNTS via email that hospitals often prefer that insurance companies pay them through the low-cost, digital Healthcare Electronic Funds Transfer standard. Hospitals otherwise may get paid...

UBS: Amazon’s Presence In Healthcare Procurement Waning
B2B Payments // July 11, 2019

Fewer purchasing managers in the healthcare industry are procuring goods from Amazon, according to a new survey by UBS Group and reported by on Bloomberg Wednesday (July 10). Though hospitals reportedly plan to continue to increase purchasing volume from Amazon in the next three years,...

Quick Reads
Short-Term Healthcare Plans Leave Many Patients Holding The Bill

June 25, 2020
A new report from the Democratic Staff Committee has concluded that short-term healthcare plans are “dangerous” and “unregulated,” saying they would leave those who purchased them with thousands of dollars of debt. The report discusses Short Term Limited Duration Health Insurance (STLDI) plans, which are intended to provide coverage for a limited amount of time […]

Sphere, VisitPay Debut Text To Pay For Healthcare

February 28, 2020
Sphere, a leader in end-to-end payment solutions, will team up with VisitPay, which works with medical patient payment and security, to improve patient payment processes. The two entities launched on...

Hospital Cyberattacker Receives 10-Year Prison Sentence

January 11, 2019
A Massachusetts man has been sentenced to more than 10 years in prison for a cyberattack that disrupted Boston Children’s Hospital‘s network for two weeks. Reuters reported that 34-year-old Martin Gottesfeld carried...