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.
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. […]
2024 is beginning like many other years before it. Holiday treats are replaced in stores with protein shakes and new workout equipment. Everyone is making resolutions to eat healthier, exercise more, drink less. While the typical resolutions are worthy goals, they often are forgotten as the calendar pages flip past. This February, rather than simply […]
Healthcare providers today have a renewed focus on implementing health IT solutions that close gaps in the patient payment experience and create efficiencies for staff. TrustCommerce is excited to exhibit at ViVE 2024 in Los Angeles from Feb. 25 to 28, an event focused on advancing digital healthcare, and join in the conversation. We look […]
TrustCommerce is hitting the ground running at the beginning of 2024. We are excited to be participating in a number of events in the first quarter of the year, including ViVE 2024 and HIMSS 2024. In an era where patients expect a retail-like experience in healthcare, TrustCommerce solutions can help providers exceed their patients’ expectations. […]
Healthcare providers have been confronted with a slew of financial and operational challenges in 2023, including rising labor costs, razor-thin margins, and staff shortages. For example: A report from the American Hospital Association notes that healthcare providers are currently facing increasing costs associated with labor, drugs, and supplies and an overload of administrative activities related […]
Artificial Intelligence, or AI, has been working in the background in most American’s lives for a while now, but has lately been receiving new buzz. This new attention is largely due to the popularity of generative AI such as ChatGPT. According to MLQ.ai, generative AI uses deep learning algorithms to learn patterns and features to […]
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