CommerceHealthcare’s Post

Banks are essential partners in the digital transformation of healthcare, driving efficiency and improving patient experience. As healthcare shifts to digital-first solutions, banks play a vital role in helping providers modernize their payment systems and navigate the complex landscape. As healthcare shifts from paper to digital, banks help resolve manual reconciliation, ensure compliance, and offer patient-focused solutions like flexible payments and digital refunds. They offer a 360-degree view of providers’ needs, helping streamline payments, automate workflows, and improve cash flow. #healthcareinnovation #digitaltransformation #paymentsolutions

With the ever-increasing competition, rising margin pressure, and soaring customer expectations, businesses need to innovate faster, grow profitability, and better serve clients to stay ahead. Luckily, Oracle's future-ready SaaS revenue management, pricing, and billing solutions can help you achieve all that. Trusted by prominent brands, including 11 out of the top 50 banks, 3 out of the 5 biggest global banks, and 4 out of the 5 top custodian banks, Oracle's solutions are proven to deliver results. Additionally, 3 out of the five leading payment processors, 4 out of the top 10 health insurance providers in the US, and the two largest US healthcare payers trust Oracle in their pricing and billing operations. Oracle's solutions have a proven enterprise power, processing 1 billion transactions in less than six hours, pricing 1 million memberships in less than one hour, and processing US$400 million in payments annually. With approximately 7% to 10% of revenue leakage plugged, Oracle's solutions can help businesses transform their billing and pricing journey with proven ROI! Are you ready to take your billing and pricing to the next level? Start your transformation journey today with Oracle's future-ready solutions. Check out the link below for more information. https://lnkd.in/ds2JExEA

A great article for those interested in centralising payment processing. This article links well with the recent Payment Webinars, and provides another insight into how business can consolidate silo'd processes into a consolidated workstream through the use of modern Payment Hub capabilities. Get direct debit processing right and you could improve both working capital and competitive advantage. Unlock the full potential of regular payments with this article. http://spr.ly/60405Eiqq

Bill payers with 1-2 bill pay frustrations are 43% more likely to switch service providers. See how this insurance client's billing and payment transformation leveraging Paymentus’ single-stack, SAAS-based platform has expanded the insurer’s ability to serve and retain current and new policyholders, all while reducing their costs to serve: https://lnkd.in/eUYFGFPm #FintechFriday

To keep your revenue cycle under control, payment follow-up is essential. To guarantee timely payments, keep an eye on aging reports, devise a plan, and communicate with payers. Monitor your development and maximize your financial security. #dubaihealthcare #financialsecurity #development #maximizerevenue #reports #medicalbilling #rcm #insurance #revenuecycles #payments #claims

Instant payouts - you would think this existed already in America years ago?? But now that the US has the capability, there are challenges in making sure it's done securely and successfully. This is where Trustly's #OpenBanking skills shine - we're one of the biggest providers on RTP today. Come read a bit more about the challenges you have to overcome and how Trustly can help you brings this to your consumers today.

The majority of my most widely seen LinkedIn posts in the last 180 days have one thing in common: digital consumer experience in healthcare. The most popular of these posts offers you the opportunity to leverage FICO’s experience across industries to power your healthcare enterprise’s member and beneficiary connections. In this post I’m offering one such opportunity in the form of a short eBook which summarizes 11 key insights gleaned from our hard won “earned wisdom” in Digital Banking. In our “11 Commandments of Digital Banking,” we offer 11 practical, specific, often unconventional rules for digital transformation in the financial services industry. I’m confident that you’ll find that many of these “Commandments” are relevant for the digital transformation of your healthcare consumer experience. Reach out to me if you’d like to chat about the digital challenges of your healthcare enterprise and how our “earned wisdom” across industries … including public and private healthcare and health insurance markets in North America and around the world … might help you to achieve your objectives. You’ll have to surrender your contact details to download this eBook. If you’re put off by that, reach out to me for a copy. It’s a great read. https://lnkd.in/gqREt_GZ

New on the TC Blog this week: 𝗦𝘁𝗿𝗲𝗮𝗺𝗹𝗶𝗻𝗲 𝗬𝗼𝘂𝗿 𝗖𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝘄𝗶𝘁𝗵 𝗜𝗻𝘀𝘂𝗿𝗲𝗦𝘂𝗶𝘁𝗲 In the fast-paced business landscape of today, efficient collections play a vital role in maintaining a healthy cash flow. Yet, many businesses still face challenges with labor-intensive, manual processes. The collaboration between InsureSuite and Netcash provides a solution that simplifies and automates collections, enabling quicker and more secure payment processing. Read more on our website by following this link: https://lnkd.in/daEdf-7z #InsureSuite #teessenconsulting #tconsult #insure #contactmanagement #businesstools #incrediblesupport #financialindustry #insurance #willsandestates #funeral #medicalaid #integration #creditlife #shortterminsurance #financials #collections #investments #insureiv #financialindustry #teamwork #holidayseason #streamlinedpayments #collectionpaymentsmadeeasy #netcashsa #netcash #streamlinedcollections #debitordercollections #easydebitorders

𝗧𝗟𝗚 𝗣𝘂𝗯𝗹𝗶𝗰 𝗔𝗱𝗷𝘂𝘀𝘁𝗲𝗿𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝘀 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 & 𝗦𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗨𝘀𝗶𝗻𝗴 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 | 𝗖𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 Learn how TLG Public Adjusters cut their payment time in half when it comes to getting paid on insurance claims, giving them the efficiency & transparency to successfully grow their business year after year. https://bit.ly/3T7tegZ

We’re excited to share insights from Dee Harding, Chief Product Officer at Big Data Healthcare, a wholly owned subsidiary of Fifth Third Bank. Watch this interview with PYMNTS to discover how digitizing healthcare payments can accelerate the revenue cycle and reduce administrative burdens. By leveraging AI and machine learning, healthcare providers can streamline processes, cut costs and boost patient satisfaction. #Healthcare #PYMNTS #Innovation #DigitalTransformation #AI #MachineLearning