Payments News

On The Web

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Deals

EQT-Backed Waystar Buys Patientco in Payments Software Deal

“Health-care payments software provider Waystar has agreed to buy Patientco in a deal that bolsters its ability to collect payments from patients who have become responsible for an increasing share of health-care bills in the U.S. The deal, which could be announced as soon as Thursday, is valued at more than $450 million, said people […]
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Hospital System Upgrades Payments Tech to Improve Collection, Security

“Hospital data is as confusing as it is sensitive. An automated system for collecting payments can simplify the process while also making it more secure. An additional benefit of automating payments is it improves collection efforts by allowing patients to settle their bills even when the health care provider’s call center is closed. Emory Healthcare […]
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Deals

BofA Acquires Health-Care Tech Startup Axia in Payments Push

“Bank of America Corp. acquired the health-care technology company Axia Technologies Inc. as the financial giant continues to build out its products for helping merchants take payments. The deal for the startup, which does business as AxiaMed, comes on the heels of the bank’s decision to dissolve its merchant-services joint venture in favor of building […]
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Deals

Health-Care Billing Tech Firm Cedar Cares Valued at $3.2 Billion

“Health-care billing technology provider Cedar Cares Inc. said it has raised financing that values it at $3.2 billion, more than four times its value in a funding round last year. The $200 million investment was led by Tiger Global Management , with participation from Andreessen Horowitz , Thrive Capital and Concord Health Partners . Cedar’s […]
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On The Wires

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InComm Payments Introduces First-to-Market Healthcare Benefits Solution

“InComm Payments , a leading global payments technology company, today announced it has partnered with Visa to launch a first-of-its-kind innovative healthcare benefits solution. The Dual Network Benefit Card combines the closed-loop, UPC-restricted-spend OTC Network® and open-loop Visa network in a single card, which will enable health plans to further simplify their supplemental benefits and […]
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CarePayment Patient Financing Now Available in Epic App Orchard Marketplace With New MyChart Integration

“CarePayment, a leading patient financing company offering a 0.00% APR solution to help patients pay for their healthcare, is now available through Epic’s App Orchard marketplace to help providers deliver a seamless financial experience for patients through MyChart. CarePayment has implemented with more than 100 hospitals and health systems that utilize the Epic Platform, including […]
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Deals

WEX Signs Definitive Agreement to Acquire Benefitexpress

“WEX (NYSE: WEX), a leading financial technology service provider (the “Company”), today announced the signing of an agreement to acquire benefitexpress, a leading provider of highly configurable, cloud-based benefits administration technologies and services. benefitexpress significantly expands WEX’s offerings in benefits administration by adding a complementary suite of solutions to WEX’s Health offerings, including employee enrollment […]
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Companies

B.well and Mastercard Partner to Give Consumers Secure, Mobile Control Over Their Digital Health Information

“b.well Connected Health today announced a partnership with Mastercard to provide individuals a simpler and more secure way to prove their identity online and in-person when accessing healthcare services.  The b.well platform brings together patient data across providers, insurers, pharmacies, and a patient’s own apps and devices, so people can share their information, manage their […]
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I2c and SmartHealth PayCard Deliver First of Its Kind Credit Card to Help U.S. Consumers Better Manage Healthcare Costs

“i2c Inc. , a leading provider of payment and open banking technology, today announced its partnership with SmartHealth PayCard , a leading FinTech pioneer committed to changing the culture of healthcare payments. Enabled with the agile processing of i2c, SmartHealth PayCard provides the first credit card dedicated solely to healthcare, making it easier for consumers […]