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 healthcare payment processes have grown increasingly complex, challenging, and resource-intensive, it has become imperative that health systems and providers centralize payments with a single platform. The need for central payment processing has taken on greater importance recently as provider revenues have come under pressure from increasing labor costs, foregone elective procedures, and patients shouldering […]
If healthcare price transparency isn’t already at the top of most patients’ minds, it’s likely to be soon. The federal Hospital Price Transparency rule, which went into effect last year, is intended to make it easier for healthcare consumers to have price transparency – to shop and compare prices across hospitals, as well as estimate […]
By Curtis Bauer, Chief Innovation Officer of Sphere The only constant is change and the commerce landscape in during the pandemic put that axiom to the test. New payment types have taken hold, consumers are moving to digital payment methods, and core technology is seeing a shift. Healthcare providers and other businesses alike are laser […]
Here are 3 Ways to Improve the Patient Billing Experience Paying your medical bills has been a cringe-worthy experience for years. As a patient, you arrive to your provider’s office where you may or may not be asked to pay your co-pay because inconsistent collection of copays can be an issue due to insurance plan […]
The TrustCommerce platform delivers innovative payment options to our clients, especially in the healthcare space. That’s why we are proud to announce our ability to support Apple Pay and Google Pay payments through our MyChart integration. It’s no secret that patients have been responsible for greater out-of-pocket costs over the past several years, largely due […]
By Curtis Bauer, Chief Innovation Officer of Sphere There has been much buzz about Buy Now Pay Later (BNPL) programs. While you might think it doesn’t relate to your payment experience, here’s why you should pay attention. BNPL is where a consumer can make a medium-to-high price purchase now in exchange for fixed installment financing for […]
As a software vendor, you’re always looking for ways to improve the customer experience. In addition to that, increasing revenue is top of mind. There is a way to do both by choosing an integrated payments partner. With the right payments partner, you can provide your customers with smart, simple and secure payment solutions, and […]
There are no doubt innumerable sources of stress in most Americans’ lives, but medical providers have an opportunity to reduce at least one of them: surprise medical costs. Over the years, numerous consumer surveys have illustrated the strong connection between medical expenses and patient stress and anxiety. Research by Access One found that 37% of […]
