Healthcare Financing news and trends

RevSpring Integrates Lockbox Payments Into Healthcare Platform
Healthcare Financing // June 25, 2024

RevSpring has integrated lockbox payments into its digital payment platform, allowing healthcare financial leaders to get a single, unified view of payments made through all modalities. The firm accomplished this by expanding its PersonaPay platform to include a lockbox solution that encompasses patient payments made...

65% of Low-Income Earners Have Less Than $500 on Hand for Medical Emergencies
Healthcare Financing // May 07, 2024

More than 6 in 10 U.S. consumers who earn below $50,000 annually have less than $500 on hand for medical emergencies — and they are nearly twice as likely than the average American to be in poor health.  These are just two key findings uncovered...

Wellfit and HFD Team to Offer Dental Financing
Healthcare Financing // April 09, 2024

Healthcare technology platform Wellfit has teamed with FinTech HFD to offer consumers more health financing solutions. “This collaboration signifies a pivotal step towards enhancing accessibility to healthcare financing solutions across the entire credit spectrum,” the companies said in a Tuesday (April 9) press release. With the partnership,...

The Role of Wellness Financing in Improving Health Outcomes and Building Customer Loyalty
Healthcare Financing // January 30, 2024

Financial health is a core component of overall health. The connection between financial stability and health is well established, and providing financial options can have positive ripple effects on various aspects of consumers’ lives. That’s particularly when taking into account the fact that the consumer...

Interviews & Exclusives
The Role of Wellness Financing in Improving Health Outcomes and Building Customer Loyalty

January 30, 2024
Financial health is a core component of overall health. The connection between financial stability and health is well established, and providing financial options can have positive ripple effects on various aspects of consumers’ lives. That’s particularly when taking into account the fact that the consumer increasingly has to bear much of the cost for many […]

CareCredit Expands Access to Healthcare Providers as Wellness Demand Surges

June 07, 2023
Masks and restrictions may be gone, but changes wrought by the pandemic are here to stay, and they’re continuing to evolve into other areas of healthcare — like wellness —...

PayMedix Flips Healthcare Payments Risk Model Upside Down by Underwriting Employers, Not Patients

February 08, 2023
It’s a concept in need of a catchy name, but the healthcare financing innovation from Health Payment Systems/PayMedix is in some ways a new form of buy now, pay later...

Health Payment Accounts Offer Patients More Options, Less Stress, Zero Interest

January 19, 2023
Healthcare payment plans are evolving, which is good news for millions struggling with medical debt. The latest development is the January announcement by healthcare payments platform Paytient that it’s launching...

Quick Reads
Synchrony’s CareCredit Credit Card Now Accepted at Albertsons Cos. Stores

September 18, 2024
Synchrony’s CareCredit health and wellness credit card is now accepted for select items in nearly 2,200 Albertsons, Safeway, Vons, ACME, Shaw’s and Jewel-Osco stores. A new collaboration of Synchrony and food and drug retailer Albertsons Companies allows the card to be used for select health and wellness products at these stores, the companies said in a Wednesday (Sept. 18) press release emailed to PYMNTS. […]

RevSpring Integrates Lockbox Payments Into Healthcare Platform

June 25, 2024
RevSpring has integrated lockbox payments into its digital payment platform, allowing healthcare financial leaders to get a single, unified view of payments made through all modalities. The firm accomplished this...

Wellfit and HFD Team to Offer Dental Financing

April 09, 2024
Healthcare technology platform Wellfit has teamed with FinTech HFD to offer consumers more health financing solutions. “This collaboration signifies a pivotal step towards enhancing accessibility to healthcare financing solutions across the entire...

Synchrony to Acquire Ally Financial’s POS Financing Arm

January 19, 2024
Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business.  This acquisition includes $2.2 billion of loan receivables and relationships with 2,500 merchant locations and 450,000...