The U.S. healthcare industry is plagued with two- and three-month billing delays and confusion about what is and isn’t covered by insurance. Scott LoPresti, chief operating officer of Rectangle Health, told PYMNTS in an interview that it’s a process ripe for improvement. “A product...
In the end, there was no haven for Haven. As reported on Monday (Jan. 4), the healthcare startup – created in 2018 through joint efforts between Amazon, J.P. Morgan Chase and Berkshire Hathaway – will be shuttered and dissolved next month. The three firms said they...
Haven, the Silicon Valley healthcare disruption startup launched in 2018 by Amazon, Berkshire Hathaway and JPMorgan Chase, is being dissolved. Sources told CNBC on Monday (Jan. 4) that Boston-based Haven advised employees that the startup will shutter at the end of February. Some of its 57...
The demand for digital services and payments that COVID-19 has carried in its wake is turning digitization from an aspiration to a necessity for health systems. So creating a digital front door for patients to access their healthcare plans is getting more attention as a...
In a time of mass illness and economic contraction, are doctors and hospitals feeling OK about payments? We hope so — but it takes more than hope to run a medical practice. It takes money, and for the medical profession, money has been a strangely...
Software and payments company Flywire has announced record growth for its healthcare business, according to a press release. The business boasts news enhancements that make it simpler for providers to personalize the patient payment experience, which helped boost growth. Over 50 leading U.S. health systems...
Amazon Web Services (AWS) has launched Amazon HealthLake, a data services unit aimed at helping healthcare organizations store and analyze their data. Amazon HealthLake will allow healthcare organizations to better utilize their data by aggregating it from various silos and formats into an AWS data...
Having a customer’s credit card on file or being able to take payments online is a common practice for many retailers. But increased adoption by healthcare providers of such basic processes during the pandemic has marked a huge step forward for an industry that’s focused...
James Kehoe, Walgreens’ chief financial officer, said he doesn’t think Amazon’s push into the online pharmacy world is cause for concern, Bloomberg reported. Speaking at the Wolfe Healthcare Conference on Thursday (Nov. 19), Kehoe wasn’t fussed about the dramatic shock to the stock market once...
