Healthcare Payments news and trends

Mastercard to Facilitate Cross-Border Payments for Medical Tourism Association

July 10, 2024
medical tourism association, mastercard, medical tourism
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...

5 Big Ideas: Making the Case for Instant Payments
Faster Payments // June 19, 2024

In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal transactions and purchases. At the same time, smaller businesses have gravitated toward instant payments because they appreciate the speed, convenience...

PatientPay and Higher Standards Partner on Healthcare-Focused Payment Acceptance Solution
Healthcare Financing // June 18, 2024

PatientPay and Higher Standards have partnered on a payment acceptance solution for healthcare organizations. With this collaboration, healthcare facilities that use Higher Standards’ payment processing solution for all types of businesses and organizations will have access to PatientPay’s platform for acute, ambulatory and specialty care,...

Synchrony GM Explores Synergy Between Consumers’ Financial and Physical Wellness
Healthcare Financing // June 18, 2024

Health is wealth — but all too often, wealth can have an outsize impact on health. Financial stability directly influences an individual’s ability to access healthcare, particularly preventative services. And in an increasingly interconnected world, the relationship between financial health and physical health has become...

Interviews & Exclusives
5 Big Ideas: Making the Case for Instant Payments

June 19, 2024
In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal transactions and purchases. At the same time, smaller businesses have gravitated toward instant payments because they appreciate the speed, convenience and efficiency that comes from processing payments immediately. What follows […]

Synchrony GM Explores Synergy Between Consumers’ Financial and Physical Wellness

June 18, 2024
Health is wealth — but all too often, wealth can have an outsize impact on health. Financial stability directly influences an individual’s ability to access healthcare, particularly preventative services. And...

Mastercard Says Virtual Cards Bring Speed and Security to B2B Healthcare Transactions

January 23, 2024
Healthcare is a complex field, but that doesn’t mean healthcare payments can’t be simple. Of course, due to intricate billing processes with various codes, regulations, compliance requirements and more, healthcare...

92% of Healthcare Companies Plan to Embrace Real-Time Payments

August 09, 2023
FedNow is right now. And with the move into real-time payments, the stage is set for a continued embrace of faster transactions, modernizing trillion-dollar industries that have thus far been...

Quick Reads
Mastercard to Facilitate Cross-Border Payments for Medical Tourism Association

July 10, 2024
Mastercard and the Medical Tourism Association (MTA) have teamed up to modernize the medical tourism experience for patients and providers around the world.  The MTA will launch a one-stop platform called Better by MTA that will not only help arrange medical treatments but also use Mastercard’s commercial virtual card technology to facilitate fast and secure cross-border payments, the […]

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...

PatientPay and Higher Standards Partner on Healthcare-Focused Payment Acceptance Solution

June 18, 2024
PatientPay and Higher Standards have partnered on a payment acceptance solution for healthcare organizations. With this collaboration, healthcare facilities that use Higher Standards’ payment processing solution for all types of...

Zelis Launches Platform for Healthcare Payments, Communications

May 20, 2024
Zelis has launched a platform designed to handle both healthcare payments and communications. The new Zelis Advanced Payments Platform (ZAPP) helps payers process high volumes of claims payments and communications, while also simplifying...