PYMNTS

DECEMBER 16, 2020

This option has businesses bypass insurance companies and use their own budgets to pay out employees’ healthcare claims in the hopes that the expenses will be less than the premium costs they would otherwise pay. Healthcare claims processors must manage transactions with a vast — and often changing — array of physicians.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

PYMNTS

NOVEMBER 23, 2020

To the dismay of many in the industry, not all healthcare businesses were allowed to stay open. Indeed, service providers in areas like dental and elective surgery were forced to close, creating a massive cash flow problem for healthcare providers. Yet these payment methods have their drawbacks.

Healthcare 77

Healthcare B2B Securities Accounting 77

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. We’re in healthcare. We’re not in retail healthcare,” Walmart senior director of strategy and customer experience for health and wellness Matt Parry told MedCityNews.

Healthcare 87

Healthcare Concentration Startups Retail 87

Nerd's Eye View

NOVEMBER 9, 2022

The passage of the Affordable Care Act in 2014 introduced many changes to the healthcare landscape in the United States. One of these changes was the ability for children to remain on their parents’ health insurance plan until they reach age 26.

Accounting 96

Accounting Healthcare Planning 96

PYMNTS

DECEMBER 10, 2020

Procurement within the healthcare industry is perhaps more complex than most sectors thanks to an array of factors, but when the pandemic hit, many of the typical challenges exploded into insurmountable hurdles. Even outside the circumstances of a global pandemic, healthcare procurement processes can be convoluted.

Healthcare 87

Healthcare Accounts Payable Restructuring Invoicing 87

PYMNTS

JUNE 8, 2020

healthcare system badly needs reform. For all of its 21 st -century brilliance, the American healthcare system of billing and payments, for example, is still extensively mired in 20 th -century business processes. These companies [are] paving the way, and healthcare is the next insurance type primed for innovation.”.

Healthcare 52

Healthcare Leverage Accounting Banking 52

PYMNTS

JANUARY 22, 2021

B2B payments in the healthcare industry are undoubtedly complex, thanks to the intricacies of coordination between healthcare providers, suppliers and insurance firms. Well before the pandemic hit, however, the healthcare arena began to embrace the opportunities of digitization — at least, on the patient-facing end of operations.

Healthcare 74

Healthcare Prioritization B2B Accounts Payable 74

The Charity CFO

MARCH 16, 2022

Today we’re proud to announce another amazing addition to the industry’s best nonprofit accounting team! Theresa Guest is joining The Charity CFO team in the role of Accounting Manager. Don't hire the wrong accountant for your nonprofit! Get the free guide!

CFO 98

CFO Accounting Nonprofit Auditing 98

PYMNTS

JUNE 16, 2020

healthcare system is a fragmented and fraught one. According to Bird Blitch , CEO of Patientco , a payment technology company focused on healthcare, 25 percent of patients have delayed treatment due to concerns about out-of-pocket costs. It’s no secret that the billing and payment experience within the U.S.

Healthcare 67

Healthcare Reconciliations Communication CFO 67

PYMNTS

JANUARY 14, 2021

As Saxena said, Mastercard has its own strategic aspirations in healthcare. In October 2019, it launched Mastercard Healthcare Solutions , which it said at the time “is transforming its business by moving beyond cards and reimagining how its technology and capabilities can benefit the healthcare ecosystem.”

Healthcare 69

Healthcare Retail Banking Accounting 69

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 77

Accounting SAP GAAP IFRS 77

PYMNTS

MARCH 10, 2020

To solve the healthcare payments puzzle — look to eCommerce. Healthcare — and its affordability or lack thereof — is front and center on the political agenda and likely top of mind for the vast majority of patients. At a high level, of course, healthcare costs represent a sizable chunk of GDP, at more than 17 percent.

Healthcare 80

Healthcare eCommerce Planning Sales 80

Adam Kae

SEPTEMBER 24, 2020

Adam Kae & Associates is a Virtual Healthcare CFO. What a Healthcare CFO Does. Wait wait wait.now a Healthcare CFO? Healthcare CFOs do all of the above and then some! Here are a Few Extra Things Healthcare CFOs Do: Contract Negotiation. Healthcare-Specific Growth Models. We're more than a healthcare CFO.

Healthcare 52

Healthcare CFO Profit and Loss Forecasting 52

PYMNTS

JANUARY 21, 2021

healthcare system was hit hard by the COVID-19 pandemic, a reality illustrated by UnitedHealth Group’s latest earnings report published Wednesday (Jan. The company previously reported that demand for healthcare services fell to two-thirds of baseline levels at its low point this spring. Every aspect of the U.S.

Healthcare 52

Healthcare CFO Investments Leverage 52

PYMNTS

DECEMBER 11, 2020

Trillions of dollars in healthcare spend can be sped up and streamlined with a pivot toward eChecks. As for the paper checks themselves, even in the 21st century: They can account for as much as 40 percent of all medical claim payment transactions and 88 percent of all dental claim payments. The Mechanics .

Healthcare 67

Healthcare Reconciliations Invoicing Numbers 67

PYMNTS

JANUARY 17, 2020

Healthcare providers must frequently wait to get paid by insurance company partners for the patient treatments they have already administered. However, digital tools and new approaches can help healthcare providers take charge of the problem, and improve their chances of smoother business-to-business (B2B) reimbursements.

Healthcare 57

Healthcare B2B Accounting Budgeting 57

PYMNTS

NOVEMBER 16, 2020

A change, and also an opportunity that an increasing number of players are keying into as the world of healthcare is attempting to recreate itself in the post-pandemic world more eagerly envisioned today as the availability of a vaccine appears to be drawing closer. billion including debt, according to The Wall Street Journal. “We

Healthcare 78

Healthcare Marketing Investments Numbers 78

PYMNTS

MARCH 21, 2019

Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. That’s because, when a customer is dealing with the healthcare system, worrying about how to receive the payment is likely their least important concern.

Healthcare 60

Healthcare Pharmaceutical B2C Manufacturing 60

PYMNTS

FEBRUARY 18, 2020

healthcare system is a multi-trillion dollar industry, but one rife with inefficiencies, especially when it comes to payments. That being said, we are seeing increasing adoption rates across electronic payments within the B2B healthcare vertical,” he said. The Power Of Choice — And Automation.

Healthcare 52

Healthcare B2B Banking Technology 52

PYMNTS

MARCH 30, 2020

And, by all accounts, the unfolding of the coronavirus outbreak in the U.S. The ability for American commerce and American business and American healthcare to be agile and embrace technology, it shows we can make fast changes to make things better,” Mellon said. It’s just not very clear how well we can adapt and overcome.”.

Healthcare 58

Healthcare Planning Numbers Marketing 58

PYMNTS

FEBRUARY 13, 2020

healthcare payments business over the past year. ” Smith noted that both fuel and healthcare contributed to the strong performance, pointing to integrations with Noventis, Discovery Benefits and Go Fuel Card as examples of its core success. healthcare business. Health and employee benefit solutions accounts in the U.S.

Healthcare 60

Healthcare B2B Advertising Leverage 60

PYMNTS

DECEMBER 18, 2018

Authentication can take effort, but consumers don’t want to deal with complex logins — even when dealing with their most sensitive accounts, like those containing healthcare or medical information. This creates something of a quandary for the healthcare providers in question. Key Findings: The Capsule found 58.4

Healthcare 61

Healthcare Securities Accounting Technology 61

PYMNTS

JANUARY 21, 2020

Healthcare providers must carefully safeguard their cash flows to operate, but many face hurdles to getting fully compensated for provided services. Reports show that healthcare providers can struggle to earn medical claim approvals. Many steps precede insurers’ fund disbursements, however. The High Costs of Claims Errors .

Healthcare 52

Healthcare B2B Nonprofit Planning 52

PYMNTS

JUNE 4, 2020

Healthcare providers were facing problems with slow, disorganized disbursements before COVID-19 shook the industry to its core. Digital methods for health insurance payments are on the rise, though, with claims processed via ACH payments now accounting for approximately 80 percent of all healthcare transactions.

Healthcare 52

Healthcare Numbers Accounting Securities 52

PYMNTS

MAY 30, 2019

As 5G deployments start, the people who run hospitals and medical offices, along with companies that supply healthcare devices and payment services, are starting to figure out what the quicker speed and other features of the new mobile network technology will do for them. The two trends promise to reinforce one another. 5G Wearables.

Healthcare 65

Healthcare Technology Forecasting Communication 65

PYMNTS

JUNE 30, 2017

MatrixCare, a technology provider with a targeted focus in the healthcare industry, is rolling out new data and analytics solutions for its clients. The company serves long-term, post-acute care (LTPAC) healthcare providers.

Healthcare 65

Healthcare Marketing Accounting Technology 65

PYMNTS

JUNE 20, 2019

Complaints about healthcare will never cease. However, one must admit that the delivery of healthcare is becoming more convenient — thanks to online and mobile technology services, and the disruption and innovation of multiple players within that industry. That’s where a more robust authentication regime for healthcare comes into play.

Healthcare 55

Healthcare Technology Retail Securities 55

PYMNTS

NOVEMBER 13, 2018

As the world — and the world of payment and commerce — ready themselves for the deployment of 5G mobile technology, the healthcare industry is anticipating the likely changes, some of which will involve wearables and billing. 5G Healthcare. The 5G impact on healthcare will involve more than direct commerce or payments.

Healthcare 63

Healthcare Technology Communication Retail 63

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

Accounting 121

Accounting B2B Prioritization Invoicing 121

PYMNTS

DECEMBER 5, 2018

Much has changed in healthcare over the last decade. Healthcare has changed, indeed, and in a conversation with PYMNTS’ Karen Webster, John Talaga, CEO of Flywire’s OnPlan Health (which was acquired earlier this year), stated that a hallmark of U.S. More Comes Out Of Pocket. It’s a recipe for disaster. Rx For Healthier Collections?

Healthcare 66

Healthcare Finance Planning Budgeting 66

CFO News Room

JANUARY 1, 2023

Vice President and Chief Accounting Officer Renee Lentini was named interim CFO. General Electric (GE) – GE spin-off GE HealthCare Technologies will join the S&P 500 when it begins trading as a separate public company on Jan. GE HealthCare will replace Vornado Realty Trust (VNO), which will move to the S&P MidCap 400.

Healthcare 130

Healthcare CFO Forecasting Sales 130

PYMNTS

OCTOBER 22, 2018

The Centers for Medicare and Medicaid Services announced Friday (October 19) that a government portal that insurance agents and brokers use to help customers sign up for healthcare was hacked, with the bad guys getting off with the personal data of 75,000 people. It said that was done out of an “abundance of caution.”

Healthcare 72

Healthcare Securities Numbers Accounting 72

PYMNTS

APRIL 10, 2020

We have deep dives into healthcare payments artificial intelligence (AI), subscription churn, and a TurboTax tool for stimulus payments. COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today. Bringing AI To The Fight Against Healthcare Payments Fraud. TurboTax Rolls Out Free Tool For Faster Stimulus Payments.

Healthcare 86

Healthcare Accounts Payable Invoicing Nonprofit 86

CFO Share

MARCH 13, 2023

Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

Accounts Payable 40

Accounts Payable Accounting Prioritization Healthcare 40

PYMNTS

NOVEMBER 20, 2019

Customer-facing markets such as financial services and insurance have greatly benefited from real-time payments, and healthcare could be next. healthcare market, which is continuously at the center of debate regarding how to expand access and manage treatment costs. This put the value of ACH-based healthcare payments at $1.59

Healthcare 44

Healthcare Reconciliations Accounting Marketing 44

PYMNTS

SEPTEMBER 24, 2018

There are few participants in the American healthcare system that offer rave reviews of its payment process. payers (insurance companies) and members (patients) all offer different perspectives on what’s really wrong – but all agree that if healthcare payments was a patient, it would be flatlining. Providers (doctors, hospitals, etc.),

Healthcare 55

Healthcare Prioritization Technology Planning 55

PYMNTS

MARCH 21, 2019

Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. That’s because, when a customer is dealing with the healthcare system, worrying about how to receive the payment is likely their least important concern.

Healthcare 40

Healthcare Pharmaceutical B2C Manufacturing 40