For smaller healthcare providers, manual processes dominate the back office — and when it comes to reconciling remittances with deposits, pain points emerge that rival any sprain or bruise. Cash flows suffer. Productivity suffers too, because staff are so intricately involved in maintaining and updating...
Every pain point has a source, and identifying the source can be the key to finding its cure. Within the healthcare sector especially, many of the longest-standing pain points for system stakeholders, providers and patients are around payment processing, reconciliation and revenue cycle management (RCM)....
Fifth Third Bank is expanding its health sector focus by purchasing Big Data Healthcare. The bank announced the deal with the Wisconsin-based healthcare payment and remittance firm Tuesday (Mar. 7), saying it gives Fifth Third national healthcare revenue cycle capabilities. It’s a deal happening as...
November 01, 2024
Though it’s a truism that the world’s become more digitized — Venmo, PayPal, and Cash App are all staples of everyday life while we bank online, order online, and stream movies — healthcare has lagged a bit. Which is not to say the sector has not digitized to some extent: Most providers offer patients the […]
October 24, 2024
For smaller healthcare providers, manual processes dominate the back office — and when it comes to reconciling remittances with deposits, pain points emerge that rival any sprain or bruise. Cash...
October 09, 2024
Every pain point has a source, and identifying the source can be the key to finding its cure. Within the healthcare sector especially, many of the longest-standing pain points for...
March 08, 2023
Fifth Third Bank is expanding its health sector focus by purchasing Big Data Healthcare. The bank announced the deal with the Wisconsin-based healthcare payment and remittance firm Tuesday (Mar. 7), saying it gives Fifth Third national healthcare revenue cycle capabilities. It’s a deal happening as payors, providers and patients are all seeking a more connected, […]
