CFO News Room

FEBRUARY 5, 2022

It takes the realities of a post-pandemic landscape into account, whilst bolstering the economy by creating a growth blueprint over the Amrit Kal of next 25 years. The strengthening of the healthcare infrastructure and the implementation of speedy vaccination and booster programs on a nationwide scale are all indicative of this commitment.

Budgeting 130

Budgeting Healthcare Manufacturing Economics 130

PYMNTS

DECEMBER 3, 2020

But increased adoption by healthcare providers of such basic processes during the pandemic has marked a huge step forward for an industry that’s focused on delivering care, Rectangle Health Chief Technology Officer Mike Peluso told PYMNTS recently. Providers can't solve the $4 trillion healthcare expenditure problem,” he said.

Healthcare 85

Healthcare Retail Leverage Technology 85

Centage

APRIL 24, 2023

As change continues to add uncertainty to the Healthcare sector finance leaders remain tasked with effectively analyzing, monitoring and predicting the financial performance of your organization. Personnel plans are the largest and most complex aspect of a healthcare organizations budget. Today, it’s a fast-paced business world.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Healthcare Forecasting Planning 98

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. We’re in healthcare. We’re not in retail healthcare,” Walmart senior director of strategy and customer experience for health and wellness Matt Parry told MedCityNews.

Healthcare 87

Healthcare Concentration Startups Retail 87

PYMNTS

DECEMBER 10, 2020

Procurement within the healthcare industry is perhaps more complex than most sectors thanks to an array of factors, but when the pandemic hit, many of the typical challenges exploded into insurmountable hurdles. Even outside the circumstances of a global pandemic, healthcare procurement processes can be convoluted.

Healthcare 87

Healthcare Accounts Payable Restructuring Invoicing 87

Future CFO

NOVEMBER 19, 2024

Southeast Asia’s strong consumer base, growing middle class, and strategic importance in sectors like real estate, healthcare, and renewable energy remain attractive to investors," says Hwee Ling Tay , accounting & reporting assurance leader at Deloitte Southeast Asia. "As

Marketing 98

Marketing Healthcare Currencies Numbers 98

Future CFO

JANUARY 8, 2025

A collaborative risk culture is revealed to be vital in navigating the complexities surrounding the healthcare sector, and accountancy professionals has a role in facilitating this. The post The role of accountancy in risk cultures in healthcare appeared first on FutureCFO.

Healthcare 52

Healthcare Accounting Communication Finance 52

PYMNTS

DECEMBER 16, 2020

This option has businesses bypass insurance companies and use their own budgets to pay out employees’ healthcare claims in the hopes that the expenses will be less than the premium costs they would otherwise pay. Healthcare claims processors must manage transactions with a vast — and often changing — array of physicians.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

Accounting 121

Accounting B2B Invoicing Prioritization 121

PYMNTS

NOVEMBER 23, 2020

To the dismay of many in the industry, not all healthcare businesses were allowed to stay open. Indeed, service providers in areas like dental and elective surgery were forced to close, creating a massive cash flow problem for healthcare providers. Yet these payment methods have their drawbacks.

Healthcare 77

Healthcare B2B Securities Accounting 77

The Charity CFO

MARCH 16, 2022

Today we’re proud to announce another amazing addition to the industry’s best nonprofit accounting team! Theresa Guest is joining The Charity CFO team in the role of Accounting Manager. Don't hire the wrong accountant for your nonprofit! Get the free guide!

CFO 98

CFO Accounting Nonprofit Auditing 98

PYMNTS

MARCH 10, 2020

To solve the healthcare payments puzzle — look to eCommerce. Healthcare — and its affordability or lack thereof — is front and center on the political agenda and likely top of mind for the vast majority of patients. At a high level, of course, healthcare costs represent a sizable chunk of GDP, at more than 17 percent.

Healthcare 80

Healthcare eCommerce Planning Sales 80

Nerd's Eye View

NOVEMBER 9, 2022

The passage of the Affordable Care Act in 2014 introduced many changes to the healthcare landscape in the United States. One of these changes was the ability for children to remain on their parents’ health insurance plan until they reach age 26.

Accounting 98

Accounting Healthcare Planning 98

CFO News Room

DECEMBER 10, 2022

What Types of Accounts are Best for Compounding? Banks Savings Accounts. Most savings accounts, money market accounts, and certificates of deposit earn compound interest. Taxable vs. tax-deferred vs. tax-free accounts. It’s also possible to take advantage of tax-free accounts. 3) Money Market Accounts.

Investments 130

Investments Accounting Treasury Construction 130

PYMNTS

JANUARY 22, 2021

B2B payments in the healthcare industry are undoubtedly complex, thanks to the intricacies of coordination between healthcare providers, suppliers and insurance firms. Well before the pandemic hit, however, the healthcare arena began to embrace the opportunities of digitization — at least, on the patient-facing end of operations.

Healthcare 74

Healthcare B2B Prioritization Accounts Payable 74

PYMNTS

JUNE 16, 2020

healthcare system is a fragmented and fraught one. According to Bird Blitch , CEO of Patientco , a payment technology company focused on healthcare, 25 percent of patients have delayed treatment due to concerns about out-of-pocket costs. It’s no secret that the billing and payment experience within the U.S.

Healthcare 67

Healthcare Reconciliations Communication Accounting 67

PYMNTS

JANUARY 14, 2021

As Saxena said, Mastercard has its own strategic aspirations in healthcare. In October 2019, it launched Mastercard Healthcare Solutions , which it said at the time “is transforming its business by moving beyond cards and reimagining how its technology and capabilities can benefit the healthcare ecosystem.”

Healthcare 69

Healthcare Retail Banking Accounting 69

PYMNTS

NOVEMBER 16, 2020

A change, and also an opportunity that an increasing number of players are keying into as the world of healthcare is attempting to recreate itself in the post-pandemic world more eagerly envisioned today as the availability of a vaccine appears to be drawing closer. billion including debt, according to The Wall Street Journal. “We

Healthcare 78

Healthcare Marketing Numbers Investments 78

CFO News Room

NOVEMBER 9, 2022

The passage of the Affordable Care Act in 2014 introduced many changes to the healthcare landscape in the United States. Healthcare in America saw significant changes due to the passing of the Affordable Care Act (otherwise known as “Obamacare”) in 2010. Executive Summary.

Healthcare 130

Healthcare Planning Accounting Investments 130

PYMNTS

APRIL 10, 2020

We have deep dives into healthcare payments artificial intelligence (AI), subscription churn, and a TurboTax tool for stimulus payments. COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today. Bringing AI To The Fight Against Healthcare Payments Fraud. TurboTax Rolls Out Free Tool For Faster Stimulus Payments.

Healthcare 86

Healthcare Accounts Payable Invoicing eCommerce 86

PYMNTS

DECEMBER 11, 2020

Trillions of dollars in healthcare spend can be sped up and streamlined with a pivot toward eChecks. As for the paper checks themselves, even in the 21st century: They can account for as much as 40 percent of all medical claim payment transactions and 88 percent of all dental claim payments. The Mechanics .

Healthcare 67

Healthcare Reconciliations Invoicing Numbers 67

PYMNTS

JUNE 17, 2020

There exists an uncomfortable intersection between the public service of healthcare and the pursuit of profit. Talaga said the enhancements to its healthcare platform come as “telehealth has exploded. As Talaga noted, healthcare is “opening up” across the country, and many hospitals and providers have restarted elective procedures.

Healthcare 64

Healthcare Planning Profit and Loss Leverage 64

CFO News Room

JANUARY 1, 2023

Vice President and Chief Accounting Officer Renee Lentini was named interim CFO. General Electric (GE) – GE spin-off GE HealthCare Technologies will join the S&P 500 when it begins trading as a separate public company on Jan. GE HealthCare will replace Vornado Realty Trust (VNO), which will move to the S&P MidCap 400.

Healthcare 130

Healthcare Forecasting CFO Sales 130

Future CFO

JANUARY 10, 2023

Singapore-listed ECON Healthcare (Asia) recently announced the promotion of Kang Shwu Huey to group CFO and head of overseas development from the CFO role. Kang, aged 42, will oversees the corporate finance and treasury, accounting shared services, reporting, as well as the other financial aspects of the business in her new group CFO role.

Healthcare 52

Healthcare CFO Auditing Corporate Finance 52

PYMNTS

OCTOBER 5, 2020

Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing. The rules you're going to do for a healthcare company from a fraud and security perspective are very different from construction,” she remarked.

B2B 130

B2B Healthcare Reconciliations Accounts Payable 130

CFO Talks

JANUARY 28, 2025

For example, if a previous construction project faced issues due to supplier delays, the manager can account for this risk in future planning by securing backup suppliers or negotiating stricter timelines with vendors. Healthcare : Historical comparisons are crucial in healthcare, particularly in the development of new treatments or vaccines.

Healthcare 52

Healthcare Construction Budgeting CFO 52

PYMNTS

DECEMBER 18, 2020

Security is top of mind for the healthcare industry as the move to digital continues to accelerate during the pandemic. Healthcare fraud accounts for about $300 billion in losses every year. As best practices are hammered out, security standards remain fragmented.

Healthcare 115

Healthcare Communication Securities Accounting 115

PYMNTS

MARCH 4, 2019

A recent report from the Financial Times offers one of the better descriptions of the project, meant to ease certain pressures on the South African healthcare system and provide more options for consumers to get the medication they need without having to take too much time off work or waste time traveling to, and waiting inside, doctors’ offices.

Healthcare 93

Healthcare eCommerce Startups Accounting 93

The Finance Weekly

DECEMBER 24, 2024

For clarity, lets look at two important terms: Net Profit - The income left after accounting for all operating costs, debts, and additional income streams. Healthcare Net Profit Margin is usually around 12-15%. With high operational costs and strict regulations, healthcare businesses must maintain strong margins to remain profitable.

Benchmarking 52

Benchmarking Healthcare Manufacturing Prioritization 52

Collectiv

MARCH 27, 2023

came dead last in both performance and efficiency in healthcare. Administrative costs account for 15% to 30% of all U.S. It’s clear that efficiency is both a massive thorn in the side of the healthcare industry, as well as a massive opportunity. Out of 11 high-income countries, the U.S.

Healthcare 52

Healthcare Compliance Securities Investments 52

PYMNTS

DECEMBER 15, 2020

The good news, however, is that two-thirds of firms are cognizant of these issues and are actively moving away from manual processes, planning instead to embrace new technological solutions to upgrade their accounts receivable (AR) processes for more efficiency, speed and lower fees. percent of healthcare firms and 26.3

Construction 111

Construction Healthcare Invoicing Advertising 111

PYMNTS

JANUARY 21, 2021

The healthcare industry continues to be on high alert and many hospitals are operating increasingly close to maximum capacity. Elective procedures typically handled at the hospital have not returned to pre-pandemic levels, and healthcare organizations continue to feel the effects and incur losses from the reduced volume. “I

Healthcare 100

Healthcare Planning Securities Communication 100

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 69

Accounting SAP GAAP IFRS 69

Global Finance

OCTOBER 30, 2024

QIA, established in 2005 with the target to create long-term value, invests across nine sectors: retail and consumer; technology, media and telecoms (TMT); liquid securities; infrastructure; financials; funds; healthcare; industrials; and real estate. As we roll into 2025, we’ll have the core accounting platform in place.

CFO 52

CFO Finance Healthcare Investments 52

Nerd's Eye View

MAY 3, 2024

Also in industry news this week: Large asset managers offering hybrid digital-human advice services are eating into the market share of purely human advisors, signaling that a smaller firm's ability to offer a differentiated value proposition could be a key to success in the coming years A recent study indicates that tech-forward advisory firms not (..)

Healthcare 98

Healthcare Construction Practice Management Leverage 98

PYMNTS

DECEMBER 23, 2020

Healthcare providers face uniquely complex payment flows. Healthcare providers can then either dispute insurance firms’ decisions and seek additional funds or ask patients to pay remaining amounts. A Digital Cur e For Healthcare’s AR, AP Ailments. Around The B2B Payments Landscape. Get the full scoop in the Tracker.

Healthcare 80

Healthcare Accounts Payable B2B Accounting 80

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Cloud Accounting Services Transform Financial Practices The shift to digital has revolutionized accounting practices. Transform your financial practices with cloud accounting services.

Accounting 52

Accounting Tax Planning CFO Startups 52