Healthcare Financing

Healthcare Financing
Indian Health Service Cautions Vendors About Improper Medical Bills
December 12, 2024

The Indian Health Service (IHS) and the Consumer Financial Protection Bureau (CFPB) have written a joint letter addressing improper bills and collection on improper bills targeting IHS-approved Purchased/Referred Care (PRC) program patients. The letter reiterates that the Indian Health Care Improvement Act (IHCIA) prohibits medical providers, suppliers or...

Healthcare Financing
Interview: Why Cutting Paper in Healthcare Will Speed Patient Payments
November 01, 2024

Though it’s a truism that the world’s become more digitized — Venmo, PayPal, and Cash App are all staples of everyday life while we bank online, order online, and stream movies — healthcare has lagged a bit. Which is not to say the sector has...

Healthcare Financing
Weave Debuts Payment Reminders for Medical Practices
August 27, 2024

Weave has debuted a feature to help healthcare practices collect more outstanding balances. The experience platform for small and medium-sized medical practices has introduced Payment Reminders, a feature that lets clients turn payment invoices or text-to-pay requests into a “set-it-and-forget-it” collection campaign, the company said...

Healthcare Financing
The Financial Downside of Mom as Family’s Number One Caregiver
August 27, 2024

Motherhood is one of the most important things in the world. But like many other important things, it can leave little time for much else, especially when taking action around women’s preventative health and wellness. “There’s a priority shift when women become mothers,” Bethany Weeby,...

Healthcare Financing
RevSpring Integrates Lockbox Payments Into Healthcare Platform
June 25, 2024

RevSpring has integrated lockbox payments into its digital payment platform, allowing healthcare financial leaders to get a single, unified view of payments made through all modalities. The firm accomplished this by expanding its PersonaPay platform to include a lockbox solution that encompasses patient payments made...

Healthcare Financing
PatientPay and Higher Standards Partner on Healthcare-Focused Payment Acceptance Solution
June 18, 2024

PatientPay and Higher Standards have partnered on a payment acceptance solution for healthcare organizations. With this collaboration, healthcare facilities that use Higher Standards’ payment processing solution for all types of businesses and organizations will have access to PatientPay’s platform for acute, ambulatory and specialty care,...

Healthcare Financing
Synchrony GM Explores Synergy Between Consumers’ Financial and Physical Wellness
June 18, 2024

Health is wealth — but all too often, wealth can have an outsize impact on health. Financial stability directly influences an individual’s ability to access healthcare, particularly preventative services. And in an increasingly interconnected world, the relationship between financial health and physical health has become...

Healthcare Financing
65% of Low-Income Earners Have Less Than $500 on Hand for Medical Emergencies
May 07, 2024

More than 6 in 10 U.S. consumers who earn below $50,000 annually have less than $500 on hand for medical emergencies — and they are nearly twice as likely than the average American to be in poor health.  These are just two key findings uncovered...

Healthcare Financing
Wellfit and HFD Team to Offer Dental Financing
April 09, 2024

Healthcare technology platform Wellfit has teamed with FinTech HFD to offer consumers more health financing solutions. “This collaboration signifies a pivotal step towards enhancing accessibility to healthcare financing solutions across the entire credit spectrum,” the companies said in a Tuesday (April 9) press release. With the partnership,...