In an article with Physicians Practice, “3 Ways to Improve Patients’ Financial Literacy,” TrustCommerce’s Chief Product Officer, Johnathan Welch, highlights the growing concern about medical debt in the United States. Learn about three ways providers to help patients better manage their medical bills. Read the article “3 Ways to Improve Patients’ Financial Literacy.”
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 […]
Integration of industry-leading payments platform and RCM solution enables providers to offer seamless and secure payment experience Melville, NY, October 4, 2023 —TrustCommerce, a Sphere company, leading provider of end-to-end integrated healthcare payments and security software, announced today the enhanced integration of its TrustCommerce patient payments platform with athenahealth’s athenaIDX revenue cycle management (RCM) solution. […]
Creating patient loyalty is obviously about providing a good patient experience and keeping patients satisfied. Among the best ways providers can deliver high patient satisfaction is to minimize wait times. Not surprisingly, numerous studies have shown that patients are more likely to be satisfied if they do not have to wait long, and, similarly that […]