CFO News Room

DECEMBER 10, 2022

For those of you who like to see the numbers, here’s an example of compound interest at work: Suppose you invest $1,000 in a five-year certificate of deposit, paying 5% and compounded annually. Actual Number of Years to Double Your Investment. What Types of Accounts are Best for Compounding? Banks Savings Accounts.

Investments 130

Investments Accounting Treasury Construction 130

Future CFO

NOVEMBER 27, 2024

Finance teams found their way in 2024 to keep up with the ever-changing market landscape brought about by a number of factors. The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles.

Accounting 105

Accounting Finance Problem Solving Accounts Payable 105

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

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

OCTOBER 22, 2018

The Centers for Medicare and Medicaid Services announced Friday (October 19) that a government portal that insurance agents and brokers use to help customers sign up for healthcare was hacked, with the bad guys getting off with the personal data of 75,000 people. Our number one priority is the safety and security of the Americans we serve.

Healthcare 72

Healthcare Securities Numbers Accounting 72

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.

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

MARCH 21, 2019

Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. That’s because, when a customer is dealing with the healthcare system, worrying about how to receive the payment is likely their least important concern.

Healthcare 60

Healthcare Pharmaceutical B2C Manufacturing 60

PYMNTS

DECEMBER 5, 2018

Much has changed in healthcare over the last decade. Technology, of course, has helped make strides in how we detect and treat any number of maladies. On the other side of the coin is the patient, who grapples with what Talaga termed a “lack of transparency … that exists in no other industry than healthcare.

Healthcare 66

Healthcare Finance Planning Budgeting 66

PYMNTS

NOVEMBER 13, 2018

As the world — and the world of payment and commerce — ready themselves for the deployment of 5G mobile technology, the healthcare industry is anticipating the likely changes, some of which will involve wearables and billing. 5G Healthcare. The 5G impact on healthcare will involve more than direct commerce or payments.

Healthcare 63

Healthcare Technology Communication Retail 63

PYMNTS

FEBRUARY 14, 2019

Healthcare as pay-as-you-go or installments? Among the findings of “ The Changing Landscape of Healthcare Payment Plans ” study, released last month, through the joint efforts of PYMNTS and Flywire : The struggle to pay medical bills is real. percent would like to see a payment plan offered upon receiving their first bill.

Healthcare 66

Healthcare Planning Finance Leverage 66

PYMNTS

JUNE 8, 2020

healthcare system badly needs reform. For all of its 21 st -century brilliance, the American healthcare system of billing and payments, for example, is still extensively mired in 20 th -century business processes. These companies [are] paving the way, and healthcare is the next insurance type primed for innovation.”.

Healthcare 52

Healthcare Leverage Accounting Banking 52

PYMNTS

FEBRUARY 13, 2020

healthcare payments business over the past year. ” Smith noted that both fuel and healthcare contributed to the strong performance, pointing to integrations with Noventis, Discovery Benefits and Go Fuel Card as examples of its core success. healthcare business. Health and employee benefit solutions accounts in the U.S.

Healthcare 60

Healthcare B2B Advertising Leverage 60

PYMNTS

MARCH 30, 2020

And, by all accounts, the unfolding of the coronavirus outbreak in the U.S. The ability for American commerce and American business and American healthcare to be agile and embrace technology, it shows we can make fast changes to make things better,” Mellon said. It’s just not very clear how well we can adapt and overcome.”.

Healthcare 58

Healthcare Planning Numbers Marketing 58

Adam Kae

SEPTEMBER 24, 2020

Adam Kae & Associates is a Virtual Healthcare CFO. What a Healthcare CFO Does. It's another story to actually understand what the numbers mean! A CFO can take those numbers and provide solutions to issues and forecast better financial scenarios. Wait wait wait.now a Healthcare CFO? Risk Assessment.

Healthcare 52

Healthcare CFO Profit and Loss Forecasting 52

PYMNTS

JUNE 20, 2019

Complaints about healthcare will never cease. However, one must admit that the delivery of healthcare is becoming more convenient — thanks to online and mobile technology services, and the disruption and innovation of multiple players within that industry. That’s where a more robust authentication regime for healthcare comes into play.

Healthcare 55

Healthcare Technology Retail Securities 55

PYMNTS

SEPTEMBER 24, 2018

There are few participants in the American healthcare system that offer rave reviews of its payment process. payers (insurance companies) and members (patients) all offer different perspectives on what’s really wrong – but all agree that if healthcare payments was a patient, it would be flatlining. Providers (doctors, hospitals, etc.),

Healthcare 55

Healthcare Prioritization Technology Planning 55

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

PYMNTS

JUNE 24, 2019

Healthcare spending has grown from $75 billion in 1970, as measured by Kaiser Family Foundation analysis of National Health Expenditure Data , to as much as $3.5 It’s not going to get any easier, either, as healthcare spending may reach $6 trillion by 2027, as noted by the federal Centers for Medicare and Medicaid Services.

Healthcare 53

Healthcare Mergers and Acquisitions (M&A) Startups Planning 53

PYMNTS

JUNE 4, 2020

Healthcare providers were facing problems with slow, disorganized disbursements before COVID-19 shook the industry to its core. Digital methods for health insurance payments are on the rise, though, with claims processed via ACH payments now accounting for approximately 80 percent of all healthcare transactions.

Healthcare 52

Healthcare Numbers Accounting Securities 52

PYMNTS

FEBRUARY 18, 2020

healthcare system is a multi-trillion dollar industry, but one rife with inefficiencies, especially when it comes to payments. That being said, we are seeing increasing adoption rates across electronic payments within the B2B healthcare vertical,” he said. The Power Of Choice — And Automation.

Healthcare 52

Healthcare B2B Banking Technology 52

PYMNTS

MARCH 6, 2020

But how does it look by the numbers? percent of consumer spending, and healthcare with 16.9 Taken as a total, Walmart accounted for 2.7 Walmart as of the start of 2020 has 19 percent of the food and beverage sales market, a category that on its own accounts for roughly 8 percent of household retail spending annually.

Numbers 77

Numbers eCommerce Healthcare Sales 77

Fpanda Club

MARCH 1, 2021

APQC’s Open Standards Benchmarking® Performance Assessment in Planning and Management Accounting 3. APQC’s Open Standards Benchmarking® Performance Assessment in Planning and Management Accounting 4. People FP&A team in general is not numerous with a median number of staff equaling to 5. CFO Innovation, Oct 12, 2016 5.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Benchmarking Value-Added Analysis Budgeting 130

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

Future CFO

DECEMBER 8, 2021

The numbers don’t lie -- or so the saying goes – but they rarely tell the whole story either, just like how the Chief Financial Officer (CFO) encompasses more than just finance and accounting. It used to be pretty much all about the numbers – but the narrative has changed. There I was, a CFO at 40 years old.

Numbers 52

Numbers CFO Management Consulting Treasury 52

PYMNTS

JULY 13, 2018

Africa has relatively low rates of health insurance , and the amount spent on healthcare in the continent is also low. Mobile could form the foundation upon which any lasting improvement in healthcare via digital technology would be built. Numbers back that up. Mobile Expansion. Mobile Health.

Healthcare 42

Healthcare Accounting Education CFO 42

PYMNTS

NOVEMBER 14, 2017

Here are the numbers: $4 trillion | Current value of the healthcare market , making up 18 percent of the United States’ gross domestic product. 249 million | Amount of unsecured personal loans that digital lenders originated in 2010, a number which has grown 90-fold by 2016.

Healthcare 46

Healthcare B2B Numbers Accounting 46

Nerd's Eye View

MAY 3, 2024

At the same time, the study found that potential breakaway brokers view the operational and compliance requirements of transitioning to and doing business as an RIA as a major concern, which could lead some of them to either leverage the growing number of service providers available to RIAs, or perhaps join an existing corporate RIA platform to take (..)

Healthcare 80

Healthcare Construction Practice Management Leverage 80

PYMNTS

DECEMBER 31, 2020

The effects are most immediately felt by the travel and hospitality verticals, along with a number of eCommerce segments. Of all the many weaknesses revealed by the global pandemic, the number of households living paycheck to paycheck with no savings whatsoever would have to be high on the list. These are not easy issues.”.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

MARCH 21, 2019

Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. That’s because, when a customer is dealing with the healthcare system, worrying about how to receive the payment is likely their least important concern.

Healthcare 40

Healthcare Pharmaceutical B2C Manufacturing 40

PYMNTS

APRIL 15, 2020

QSR chains are exploring a number of promotions and initiatives to help them make it through the COVID-19 crisis, which has so far caused 44 percent of restaurants to close either temporarily or permanently. Deep Dive: QSRs Face Continuous Battle Against Account Takeovers. Mobile Order-Ahead Developments. About The Tracker.

Accounting 61

Accounting Healthcare Advertising Leverage 61

Planful

SEPTEMBER 29, 2016

The event featured presentations by a number of leading healthcare providers and consultants. The users of the system include Accounting, FP&A, Support Center Department Leads, Operations VPs, and Directors. The changes in healthcare are driving a new relationship between the plans, hospitals, and physicians.

Healthcare 40

Healthcare Financial Planning and Analysis (FP&A) Finance Planning 40

Nerd's Eye View

MAY 17, 2023

Like native-born workers, foreign workers need to think about saving for retirement, planning for their children’s college, managing healthcare costs, and all manner of other financial goals. For example, the tax benefits of certain accounts can sometimes work in the other direction if a non-U.S.-born citizens.

Investments 95

Investments Healthcare Accounting Planning 95

PYMNTS

AUGUST 17, 2020

The Federal Trade Commission recently filed a complaint against Yellowstone Capital, Fundry and their officers, alleging the merchant cash advance companies had been withdrawing funds from small business bank accounts. PYMNTS breaks down the numbers of the latest in B2B fraud below. Morgan Chase, and $900 million for Wells Fargo.

Invoicing 94

Invoicing Accounts Payable Pharmaceutical Healthcare 94

PYMNTS

DECEMBER 24, 2020

Schoen said that dental practices and insurers that use legacy, paper-based methods to deal with claims, send payments and handle accounts receivable (AR) can face many frictions. This new focus is making legacy approaches seem outdated. Payouts And AR.

B2B 102

B2B Healthcare Practice Management Planning 102

PYMNTS

MARCH 26, 2020

Getting that aid into the hands of affected families — wracked by swelling unemployment numbers, and of course, an ongoing healthcare crisis — will be slow going. In one example, Mastercard has been working with a number of public agencies to get federal benefits to 4.5 But those options are there, and at the ready.

Entertainment 100

Entertainment Healthcare Treasury Economics 100

PYMNTS

MARCH 10, 2020

The headline numbers exhibited a 7.6 Fifth Third Bank Sued By CFPB Over Fake Accounts. The Consumer Financial Protection Bureau (CFPB) filed a suit against Cincinnati-based Fifth Third Bancorp alleging that employees opened accounts for clients without their permission in an effort to reach sales targets.

Retail 79

Retail Marketing Healthcare eCommerce 79