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The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.
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News
92% of Health Providers Want Patients to Prepay
6+ day, 6+ hour ago (453+ words) Americans are being asked to pay for costly medical procedures up front. Roughly 92% of U.S. health providers this year are either encouraging prepayment, requiring it, or collecting a payment method to have on file during the estimate process, The Wall Street…...
GoodRx Covers Whole Households and Pets in New Prescription Plan
1+ week, 1+ day ago (328+ words) Prescription platform GoodRx has launched a new plan that covers a primary member and up to four dependents, including children, adult family members and pets, the company said in a Thursday (Sept. 3) press release. The new GoodRx Companion Family Plan…...
55% of Gen Z Lets Installment Payment Options Influence Healthcare Choices
1+ week, 1+ day ago (221+ words) Installment plans can turn the first financed purchase into a lasting shopping habit, giving merchants a chance to win repeat business well beyond the original checkout. That pattern stands out in “Financing the Decision,” the April installment of the PYMNTS…...
Costco Seeks Regulatory Approval for Multiyear Medicare Plan Rollout
3+ week, 4+ day ago (388+ words) Costco plans to start offering a Medicare plan and other senior-focused insurance products over the coming years. The retailer partnered with SCAN Health Plan, a nonprofit organization focused on healthcare for older adults, to launch offerings that may include a…...
One Inc Says the Best Insurance Payment Is the One Nobody Notices
1+ mon, 2+ week ago (468+ words) Payment intelligence may become as valuable to insurers as payment execution itself. Watch more: Need to Know With One Inc’s Kishore Konakanchi For insurers, payments have long served as the moments when policyholders notice the mechanics of the relationship. A…...
UnitedHealth’s AI Bet Paid Off. Now It Is Selling the Playbook
1+ mon, 3+ week ago (280+ words) Conway also noted that AI is helping nurses summarize complex patient cases 40% faster. Enhanced care transition support has driven a 10% reduction in hospitalizations in the Western and Southern regions since late last year. Home health pilots have cut readmissions and…...
Restaurant Platforms Make Embedded Finance Part of Daily Operations
1+ mon, 4+ week ago (515+ words) Merchant data is giving platforms another way to offer working capital without sending restaurants to outside lenders. Repeat borrowing suggests embedded financing is becoming part of restaurant operations rather than a source of emergency funding. As platforms expand the services…...
States Expand Guardrails on AI Use in Health Insurance Decisions
2+ mon, 3+ day ago (126+ words) According to a new analysis from Sheppard Mullin’s Healthcare Law Blog, lawmakers are increasingly permitting insurers to use AI to streamline prior authorization and utilization review while drawing a firm line against allowing algorithms to make final medical necessity decisions…...
Synchrony Moves Dental Financing Beyond the Credit Score
2+ mon, 2+ week ago (945+ words) Alternative underwriting that looks at payment behavior and cash flow could open dental care to patients that a single credit score would turn away. Presenting financing at the point of care keeps patients from stripping down treatment plans to hit…...
Visa Direct Takes On Healthcare’s Paper Payout Problem
2+ mon, 3+ week ago (882+ words) Three-quarters of healthcare payouts still leave by check, costing the industry in fraud, delays and eroding patient trust. A fragmented ecosystem of insurers, providers and regulators keeps real-time disbursements stuck in legacy payout mode. CFOs recognize that card-based instant payouts…...