Health technology company Edifecs and 3M are collaborating to promote value-based payment models in healthcare. The companies say their joint effort combines 3M Health Information Systems tools with “Edifecs’ stable and scalable value-based care platform,” as 3M Global Chief Medical Officer Dr. Sandeep Wadhwa said in...
CVS is reportedly looking to expand its healthcare offerings by purchasing Oak Street Health. The acquisition would value Oak Street at more than $10 billion, Bloomberg News reported late Monday (Jan. 9), citing sources with knowledge of the matter who said talks between the two...
Gen Z, millennials and lower-income patients are driving consumer demand for healthcare payment plans. Despite relatively accessible health insurance options in the U.S., consumers often face overwhelming, and sometimes unexpected, out-of-pocket costs. For those not willing or able to pay an entire bill at the...
Unified digital healthcare platforms cure pains for consumers seeking better experiences in treatment and payment. And it turns out that patients who have been jilted by tech or other bottlenecks along their medical journey are wide open to trying something new. This, according to “Healthcare...
Each month in 2022, an average of 100 million consumers attended telehealth appointments, while 118 million consumers logged online to schedule more appointments, check test results and make healthcare payments. And that is only the beginning. “How Digital Has Changed The Consumer Healthcare Experience And Expectations,”...
The pandemic has spurred us to better manage all aspects of health insurance costs and care. Platforms can bring a broad range of those activities into one centralized location, rather than navigating between apps. And, increasingly, digital platforms are valued by consumers to track health,...
Patients have made their choice clear: Telehealth is now a key component of medical care. COVID changed nearly every aspect of daily life, including how consumers interact with medical providers. Pre-pandemic visits to the doctor were, for the most part, strictly in person. Then lockdowns...
Consumers have tasted the digital healthcare platform experience, and they want more of it. In an On the Agenda® panel discussion, PYMNTS’ Karen Webster welcomed Matt Renfro, co-founder and CEO at Lynx; Yusuf Qasim, president of payments at Zelis; and Faisal Sublaban, EVP of travel, hospitality...
Lower-income patients are being underserved in the virtual medical space and healthcare wearables. Consumers earning below $50,000 annually engage 8% less in healthcare channels now than they did the previous year. Just 40% of patients in the same income demographic engage in any digital healthcare...
