Healthcare

Healthcare
Report: Oracle Health Facing Challenges Modernizing Outdated Systems
May 09, 2024

Oracle has reportedly encountered obstacles in its ambitious plans for electronic medical records company Cerner, which it acquired for $28 billion in December 2021. The company has lost several major clients since the acquisition, its focus has shifted from innovative product ideas to upgrading legacy systems, and its...

Healthcare
Only 22% of Single Moms Prioritize Their Health
May 03, 2024

In the PYMNTS Intelligence “2024 Women’s Wellness Index,” a collaboration with CareCredit, we drew on survey insights with more than 10,000 U.S. consumers to develop a clearer picture of the many factors shaping women’s finances and their overall health and well-being. For example, we found...

Healthcare
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
May 01, 2024

Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference between success and insolvency.  AR professionals gauge the severity of late payments by measuring days sales outstanding (DSO), a metric...

Healthcare
Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
April 29, 2024

There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as well. For example, inflation has also pressured the healthcare system, and here several companies are...

Healthcare
Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
April 29, 2024

There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as well. For example, inflation has also pressured the healthcare system, and here several companies are...

Healthcare
UnitedHealth Group Shutting Down Optum Virtual Care Telehealth Business
April 24, 2024

UnitedHealth Group is shutting down its Optum Virtual Care telehealth business. Employees were notified of the shutdown on Thursday (April 18), and some were told that their last day would be in July, Seeking Alpha reported Tuesday (April 24), citing a paywalled article by Endpoints News. Reached for comment by PYMNTS, a...

Healthcare
78% of High-Income Women Spend Money on Their Own Medical Care
April 24, 2024

Independent research reveals that women have been underrepresented in many healthcare studies. PYMNTS Intelligence recently set out to dive more deeply into the subject of women and healthcare and identify disparities and contributing factors. We surveyed more than 10,000 U.S. consumers, asking a variety of...

Healthcare
Robots Redefine Surgical Landscape for Enhanced Patient Outcomes
April 23, 2024

The integration of robotics is reshaping surgical procedures, promising enhanced precision, efficiency, and improved patient outcomes.  Recent earnings reports from industry giants like Intuitive Surgical and Johnson & Johnson (J&J) shed light on the growing demand for robotic-assisted solutions, underlining a shift in the medical technology (MedTech) landscape....

Healthcare
The Chatbot Will See You Now: Medical Experts Debate the Rise of AI Healthcare
April 22, 2024

As artificial intelligence (AI)-powered chatbots become increasingly common in healthcare, questions about their effectiveness and reliability continue to spark debate. The World Health Organization (WHO) has introduced an AI health assistant, but recent reports say it’s not always accurate. Experts say health chatbots could have...