Buy now, pay later (BNPL) applications in the healthcare space are shaping up to be one of the most effective treatments for the high cost of healthcare, filling affordability gaps across a range of expensive treatments ranging from elective surgeries to dentistry to countless other...
Despite relatively accessible health insurance options, consumers often face overwhelming out-of-pocket costs. Managing healthcare spending can be a challenge, especially for patients not expecting bills. One helpful tool is the payment plan, which enables patients to stretch out these medical expenses over time. PYMNTS’ research...
Healthcare payments and pricing company Zelis has completed its acquisition of Payer Compass, which provides reimbursement and claims pricing, administration and processing solutions for healthcare companies, a press release said. This will let Zelis expand its solutions for out-of-network healthcare services for clients. “We’re thrilled...
Scratch Financial, which offers patient financing for veterinary and human healthcare, has announced a $35 million Series C funding round, which will go toward developing more technology for medical providers, a press release said Tuesday (Sept. 20). The new tech will help providers “better connect...
Business finance provider eCapital announced Monday (Sept. 12) that it has created a new division that will focus on providing quick, flexible financing to companies in the healthcare sector. The division, called eCapital Healthcare, will offer asset-backed lending to healthcare providers including hospitals, nursing homes,...
Virtual primary care startup 98point6 raised $20 million in a funding round and also signed its first licensing deal for its technology with MultiCare Health System’s hybrid ambulatory care division Indigo Health. “Indigo Health’s strategic partnership is a major milestone toward our vision to make...
Health benefits firm Gravie is expanding members’ access to its pay-over-time solution Gravie Pay, which lets customers pay for medical bills in interest-free installments. According to a Thursday (Sept. 1) news release, the solution was inspired by buy now, pay later (BNPL) offerings in other...
How different demographics handle paying medical expenses today says a great deal about where greater payments volumes are likely headed in the near future — vital information in the push to digitize healthcare payments. For the study “The ConnectedEconomy™: Patients Prefer Payment Consistency,” a PYMNTS...
Health fintech PayGround recently launched a new platform that will let health providers give patients easy access to financing for medical care, the company said in a release. PayGround announced the launch of the app-based service with the slogan: “Get healthy now, pay later.” One...
