Weave, an all-in-one experience platform for small and medium-sized healthcare businesses, has partnered with payment network Affirm to provide flexible payment options for eligible patients. By integrating Affirm’s pay-over-time options with Weave’s patient experience platform, the partnership benefits patients and also allows healthcare practices to receive payments...
The debate over medical payment products — and, by extension, consumer choice — is sharpening between banks, innovators and regulators. To that end, the Bank Policy Institute (BPI) and Consumer Bankers Association (CBA) sent a letter Monday (Sept. 11) to the Consumer Financial Protection Bureau...
Friction in accessing digital healthcare services may be a fixable barrier for low-income patients. Beginning in July 2022, as part of a larger focus on the ConnectedEconomy™, PYMNTS began tracking day-to-day connectivity, specifically between U.S. income brackets, comparing the habits of the country’s highest- and lowest-paid consumers....
Buy now, pay later (BNPL) has become a part of everyday life for American consumers, and its popularity is still expanding. Twenty-nine million consumers in the United States leveraged BNPL to make purchases in 2021, and 59% of consumers said they would be willing to use third-party BNPL solutions. Americans...
February 17, 2020
A digital-first world needs a digital-first healthcare payments reboot, especially as consumers become among its largest payors. It’s one of the reasons that Flywire CEO Mike Massaro tells Karen Webster they are doubling down on the healthcare vertical and made the move to acquire Simplee. Here’s how he says the acquisition will help streamline $375B out-of-pocket healthcare payments flows for providers and the patients they serve.
June 18, 2019
The demand for elective medical procedures in the U.S. is sky-high, but high costs severely limit consumers’ access to them. The elective medical procedures market is 63 million consumers-strong, and...
September 24, 2018
There are few participants in the American healthcare system that offer rave reviews of its payment process. Providers (doctors, hospitals, etc.), payers (insurance companies) and members (patients) all offer different perspectives on what’s really...
September 19, 2017
Think the neighborhood pharmacy is dead and gone? There are more than 22,000 reasons to think otherwise, and Deepak Thomas, CEO of Phil, noted in the most recent edition of our...
January 03, 2024
Patient payments provider LQpay has introduced a new payment solution for medical and dental practices. The company’s Zero-Click payment solution is designed to streamline payment experiences for patients and providers, and builds on LQpay’s existing “One-Click” Payment option, per a Wednesday (Jan. 3) press release. “By integrating the LQpay POS app with securely stored payment information AND the […]
September 26, 2023
Weave, an all-in-one experience platform for small and medium-sized healthcare businesses, has partnered with payment network Affirm to provide flexible payment options for eligible patients. By integrating Affirm’s pay-over-time options with Weave’s...
