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How Much Can Technology Improve Healthcare Payments?

PYMNTS

Among the latest hopes for healthcare payments is blockchain. Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments.

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Weekend Reading For Financial Planners (May 4-5)

Nerd's Eye View

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 (..)

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Giving B2B Dental Payments A Digital Treatment

PYMNTS

The Council for Affordable Quality Healthcare (CAQH) reported that just 13 percent of dental plans paid providers’ claims using electronic methods in 2019, whereas 70 percent of medical plans reportedly did the same. The dental industry has lagged behind most of the medical sector when it comes to modernizing.

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For Healthcare Providers, RX For Healthy Payments Processes 

PYMNTS

Healthcare costs may be one of the largest bills consumers shoulder, and the burden is not getting any easier. In an interview with PYMNTS’ Karen Webster, Matt McCammon, general manager of integrated payments at credit card processor, merchant acquirer and bank credit card issuer TSYS , recounted that healthcare is a $4 trillion market.

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3 Key Principles For Measurable and Actionable Standards That Help Cultivate Excellent Client Service

Nerd's Eye View

Additionally, this process helped clarify how the firm could elevate its culture around client service by refining its client interaction standards and offering an objective way for managers to measure advisors' performance.

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The White House Startup That’s Taking On Healthcare Payments

PYMNTS

You can’t break things when you are tinkering with something like the healthcare system that supports 4 percent of the GDP, and serves 57 million Americans. The QPP is an application programming interface (API)-based approach to making it easier for healthcare providers to submit and be paid for Medicare claims. healthcare.

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How Telemedicine Is Going To The Dogs (And Cats, Too)

PYMNTS

In terms of mechanics, the TeleVet app integrates with vets’ offices (6,500 practices are using the platform, he said) through web or mobile conduits — fostering communications between pet “parents” and vet offices through text, phone calls or video chats. Looking ahead, TeleVet intends to roll out a subscription model in the near term.