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.
Digital wallets have become an increasingly popular payment option with consumers, helping to speed up the checkout process when buying online and due to their convenience and security. So what is a digital wallet? A digital wallet is an electronic device or online service that lets a consumer make payments or store important information, like […]
We recently had a conversation with Rick Follett, Vice President of Partnerships at TrustCommerce to discuss the latest developments in the world of healthcare software and embedded payments. In this Q&A, he touches on his vast experience in healthcare, shares his approach to working with partners, offers tips for what to look for in a […]
eBook: Why Tokenization is Essential for Protecting Patient Payment Information Tokenization offers a secure and convenient way for providers to manage patient payments by replacing sensitive card information with non-sensitive tokens. This strategy ensures compliance with PCI DSS regulations and allows for safe storage of payment details for future transactions. Providers can offer patients a […]
It’s that time of year again – for a meet-up in Madison! Join us at Epic UGM 2024 from August 19 to 21. TrustCommerce is excited to exhibit at UGM 2024, as well as host a festive after-hours event with our co-sponsors 314e and IMO Health (details below!). We look forward to chatting about recent […]
Many patients struggle to afford medical bills due to social determinants of health (SDoH) factors beyond their immediate control, but providers can take steps to increase transparency to help patients pay bills. What are social determinants of health? SDoH are defined as “the conditions in the environments where people are born, live, learn, work, play, […]
According to the Consumer Protection Financial Bureau (CPFB) almost 1-in-5 households in the United States report having some form of overdue medical debt. The Kaiser Family Foundation (KFF) reports that 6% of American adults carry overdue medical debt over $1000, with an estimated total of $220 billion owed nationally. Rising healthcare costs and higher patient […]
Modernizing the customer payment experience isn’t important just for banks; it’s essential for healthcare providers, too. With margins tight and labor costs high, it is “more crucial than ever” that providers understand the landscape around payment trends to identify opportunities to gain operational efficiencies, according to JPMorgan. For patients, the healthcare payments experience can also […]
TrustCommerce is looking forward to exhibiting at the HIMSS 2024 Conference and Exhibition, taking place on March 11-14, 2024, at the Orange County Convention Center in Orlando, booth 1781. HIMSS24 is where healthcare technology companies come together to tackle some of the industry’s biggest challenges. Some of the key topics that will be focused on […]
The last few years have been financially challenging for healthcare providers across the board, but there are reasons for optimism as we begin 2024. Financial recovery: In November 2023, hospital operating margins stood at 2%, a significant improvement from -0.3% the prior December, according to Kaufman Hall’s December issue of the National Hospital Flash Report. […]
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