Healthcare

Healthcare
UnitedHealth’s Optum Buys Change Healthcare For $13 Billion
January 06, 2021

After being bought by UnitedHealth, Change Healthcare will join with OptumInsight to boost software and data analytics, tech-fueled research and revenue cycle management offerings for healthcare, according to a press release Wednesday (Jan. 6). Optum, which is part of UnitedHealth, will work with Change Healthcare...

Healthcare
Moving Healthcare Providers To A New Payments Business Model
January 06, 2021

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...

Healthcare
High-Profile Healthcare Venture Haven Shuts Down; Could Signal Shift For JPMorgan, Amazon
January 04, 2021

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...

Healthcare
Amazon, Berkshire, JPMorgan Fold Healthcare Disruption Startup Haven
January 04, 2021

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...

Healthcare
Flywire Sees 2021 As The Year To Advance Healthcare Payment Plans
January 04, 2021

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...

Healthcare
Digital Payments Easing Pains For Hurting Medical And Dental Practices
December 29, 2020

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...

Healthcare
Flywire Says It Processes $14 Billion In Healthcare Patient Transactions, About A Third Of US...
December 10, 2020

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...

Healthcare
AWS Unveils Amazon HealthLake Data Services For Healthcare Industry
December 09, 2020

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...

Healthcare
COVID-19 Causes Healthcare To Adopt More Touchless Payments
December 03, 2020

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...