A Pennsylvania lawmaker has once again put the so-called “pink tax” in the spotlight. In a new study, U.S. Sen. Bob Casey, D-Pa., accuses corporations of disproportionately undermining the financial well-being of women by charging them more than what men pay for day-to-day products and services,...
With Amazon having just recently pulled ahead of Walmart in health and wellness, the latter is looking to regain its lead by expanding its presence in the space. The retailer is adding 18 more Walmart Health centers in Texas this year alone, per a Wednesday (April 10) announcement, on...
Talk of healthcare disparities has become more common. Consumers seek answers about factors contributing to these disparities and ways to overcome them. New research from PYMNTS Intelligence explores whether familial responsibilities and financial limitations drive the gender disparity in healthcare outcomes. There are clear differences...
Healthcare is its own unique beast, from payments to marketing strategies to the intricacies of its supply chain. The sector is witnessing a transformation, especially in the B2B domain. Digital payments, online procurement platforms and artificial intelligence are igniting a phase shift that is reshaping the B2B healthcare landscape. While those...
Healthcare technology firm Zelis has introduced an in-network pricing/contract modeling service for health plans. “The addition of this solution further solidifies the company’s position to help health plans understand and proactively navigate claim pricing, processing and financial impacts resulting from contract changes,” Zelis said in a news release...
Change Healthcare will begin processing more than $14 billion in claims following last month’s cyberattack. UnitedHealth Group (UHG), Change’s parent company, said on its website Friday (March 22) that it expected its biggest clearinghouses to be back online during the weekend, “and we expect more...
Grocery store operator The Kroger Company plans to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. Kroger has entered into a definitive agreement for the sale, the company said in a Monday (March 18) press release. Subject to customary closing conditions and regulatory approvals, the sale...
Health insurance marketplace GoHealth says its investment in its data science platform is paying off. The company launched its Encompass platform last year, and is now seeing it drive 75% of its enrollment, management said during a quarterly earnings call Thursday (March 14). This is happening, CEO Vijay Kotte said, as...
The healthcare sector is undergoing significant transformation driven by rapid technological advancements and innovative solutions. This surge in healthcare innovation is fueled by several factors. First, the increasing prevalence of chronic diseases and the aging population have put immense pressure on healthcare systems worldwide, prompting the...