For the latest insights on delivering a more modern financial experience, be sure to check out our blog. Here you’ll find helpful news and solutions in digital payment, healthcare, security and of course, the TrustCommerce platform.
As anyone in the healthcare tech space knows, the events of the pandemic significantly drove technology adoption in most industries, especially in the healthcare sector. It was inevitable—when schools, businesses and healthcare providers had to close their doors to prevent the spread of COVID-19, people used pre-existing tools to fill the gap: meetings and classes […]
TrustCommerce Now Integrates with Veradigm® Practice Management to Improve Patient Payment Efficiency for Provider’s Staff As we all look ahead to the new year, many of us anticipate what we might choose as a new year’s resolution. According to How Stuff Works, the vast majority of New Year’s resolutions are about becoming healthier, either through […]
It’s that time of year again! For many in the U.S., there is a hint of a chill in the air. The holidays are fast-approaching, and it’s almost time to trade out 2022 calendars for shiny, new 2023 versions. As we break out our prize-winning turkey and stuffing recipes, we begin to reflect on the […]
Anyone who has worked in an organization that is changing some aspect of their software has heard the collective groan that echoes throughout the building when a new system is going to be implemented. Common questions include the following: What if the new software is too complicated? What was wrong with the old software? How […]
The No Surprises Act, a new federal regulation that aims to end surprise billing for American patients, is part of a growing industry trend towards price transparency in healthcare that signifies shifting patients expectations of providers. As the healthcare consumerism trend has evolved, patients have increasingly begun looking for the type of convenient and easy-to-use […]
By Heather Randall, PhD | Chief Compliance Officer at Sphere The use of applications has become so much a part of our daily lives that we rarely think about how pervasive they are. From letting us know what we’re running low on in the refrigerator at home to facilitating payment transactions at work, these applications […]
As the consumerization of healthcare continues, the “digital front door” concept has become an increasingly important means for providers to improve engagement with their patients. While digital front door strategies may vary across different types of providers, one thing they all have in common is the objective of delivering “an integrated approach that offers patients […]
There’s no doubt about it– over the last two decades, collecting payments from patients has become increasingly challenging. Part of the problem is rising patient out-of-pocket costs, which spiked by nearly 10% from 2020 to 2021, with these costs expected to rise by another 10% by 2026. According to an often-cited McKinsey study, 74% of […]
Anyone with a smartphone or video streaming service is no stranger to the concept of recurring payments. Oftentimes, recurring payments are associated with subscription services for everything from Netflix to family security apps like Life 360. While many consumers enjoy the convenience of a “set it and forget it” approach to billing and payment, others […]
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