Today in healthcare, artificial intelligence is taking a bite of the $300 billion in fraud, waste and abuse in healthcare. Plus, the No Surprise Act is bringing transparency and innovation to healthcare payments, and African startups could thrive with telehealth. ‘No Surprise Act’ Could Bring...
The healthcare industry’s fraud, waste and abuse (FWA) problem has gone from bad to worse during the pandemic, but new signs suggest the insurers and providers at the center of this $300 billion annual problem are making fresh progress toward reining it in. By deploying...
African telehealth is looking like it could hit a boom with more mobile connectivity and better innovations to bridge the doctor-patient ratio gap, a report says. MPharma, a Ghanaian startup, is looking to open 100 virtual centers across seven African markets in the next six...
The No Surprise Act (NSA) and Transparency in Coverage rule recently issued by the Biden Administration is sending ripples through the healthcare sector, with firms racing to create new digital tools that enable consumer choice while bringing efficiency and clarity to the payments process In...
As patients have become responsible for paying more and more of the costs of healthcare, they have begun to think and act more like they do in other aspects of their lives — as consumers. As a result of this consumerization, patients now expect more...
When hospitals and clinics seek payment for services rendered, their interactions with claims processors and insurance companies generally include exchanging information, following up on payment statuses and, finally, transferring funds. Manual methods can add costs and delays, so digitizing more of these processes typically produces substantial savings. It’s...
Today in healthcare, Walmart teams up with healthcare records platform Epic. Plus, Amazon’s Halo line expansion means upheaval is ahead in connected fitness, and almost two-thirds of patients pay out-of-pocket healthcare costs. Amazon Halo Expansion Could Upend Connected Fitness Space Amazon unofficially set its sights...
Individuals are paying more – and more often – for their healthcare visits. The report “The Payment Cure: How Improving Billing Experiences Impacts Patient Loyalty,” done in collaboration with CareCredit and PYMNTS, found that 64% of more than 3,500 consumers surveyed said they had to...
Today in healthcare, medical professionals are missing a chance to help their patients find out more about affordable payment options. Plus, Medikabazaar snags $75 million in Series C funding, and GoodRx’s prescription drug subscription programs jump 125% year over year. India’s Medikabazaar Nets $75M to...
