Goldman Sachs and Citi are working with GlaxoSmithKline on a new listing for a spinoff of its consumer unit, Bloomberg writes. The companies will also help with Glaxo’s defense against the possibility of an activist campaign from Elliot Investment Management, which is helmed by billionaire...
Consumers are picking up more of the costs of their healthcare than ever. Once upon a time, consumers could count on their insurance provider to pick up 99 percent of their healthcare costs. Alberto Casellas, Synchrony’s Health & Wellness executive vice president and CEO, told Karen...
More than any collection of market forces bearing down for decades, it was the COVID-19 pandemic that provided the needed push towards more consumer-centric healthcare models. Surveying nearly 2,100 patients of private and group practices, PYMNTS’ recent Healthcare Payments Innovation Playbook, done in collaboration with...
The COVID-19 pandemic became an era of wake-up calls in every sense of the phrase. For businesses, those wake-up calls often came from the business disruptions linked to a lack of digitization in the enterprise and a lack of resiliency in the supply chain. No...
More bad news came out Monday (June 21) for healthcare patients who prefer to conduct their medical business using mobile apps: your personal information is most likely either already at risk or about to be, at least according to a recent study by Macquarrie University...
When it is said that healthcare has historically lagged behind in the adoption of innovative patient payments, it can be hard to understand just how deep the problem lies. More than not having the most cutting-edge technology to offer, Rectangle Health Chief Operating Officer Scott LoPresti...
Millions of Americans stayed connected with their doctors through telemedicine for the first time during the COVID-19 pandemic. Still, those without convenient access to care, such as people in rural areas and senior citizens, could lose access to that virtual care once the outbreak is...
Eighteen months ago, the thought of logging onto your computer or punching an app on your phone for medical visits was widely viewed as outrageous or even impossible. Fast-forward to the present and the practice has grown so common during the pandemic that healthcare providers...
Healthcare in the United States is an undeniably expensive proposition. As of 2019 (the last full year data is available for) Americans spent $3.8 trillion, or a little under 20 percent of the nation’s gross domestic product (GDP) on healthcare alone. It’s a high price...
