New White Paper: Demystifying Healthcare Payments

Demystifying Healthcare Payments

U.S. healthcare payments are defined by complex interactions among patients, providers, insurers, and financial institutions. This whitepaper explores why healthcare requires a distinct approach to payments, breaks down the structure of the ecosystem, and highlights seven trends reshaping patient–provider financial interactions. It is designed to help healthcare leaders, investors, and stakeholders navigate an increasingly complex and evolving payment landscape.

Here's what is inside:

• Payments industry overview
• What makes healthcare different?
• The healthcare payments landscape
• Positioning of key healthcare payments players
• Seven trends to watch in healthcare payments

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FinMed Partners is a management consulting and advisory business focusing exclusively on the intersection of healthcare and payments. The money flowing through the U.S. healthcare system is approaching $5 trillion each year including $750 billion spent directly by patients on out of pocket medical costs and non-group health insurance premiums. FinMed Partners was formed to help banks, fintechs, infrastructure and health IT companies, healthcare providers, payers, employers and other participants better understand this market space and optimize decision making given its massive scale and complexity. Investors, boards and executive teams work with us to maximize business value through strategic input and tactical execution. Our partners have 70+ years of experience working with payments, fintech and healthcare organizations. Learn more at www.finmedpartners.com.

TrustCommerce, a Sphere company, is the leading financial technology company trusted by the nation’s largest health systems. The TrustCommerce integrated payment platform can reduce friction and facilitates secure, compliant patient payments. Using TrustCommerce to enhance the patient financial experience, clients can securely process payments anytime and anywhere and be connected within the workflows of core software including EMRs and PMs. For over 25 years, our integrated software and payments solutions help organizations increase payment collection while delivering industry-leading security and compliance instruments, and a single payment stack that is standardized for reporting and reconciliation. Learn more at www.trustcommerce.com.