The US healthcare payments market is massive—with total spending on healthcare services nearly the same as retail spending—and it's growing at a rapid clip, but healthcare payments innovation has failed to keep up with consumer demands due to providers' reliance on legacy processes, and this may be hurting providers' bottom lines.
Three Key Questions This Report Will Answer:
WHAT’S IN THIS REPORT? In this report, an update to the first Healthcare Payments report released in early 2018, Business Insider Intelligence will take a brief look at the healthcare payments process, including the types of healthcare payments, the stakeholders that are making them, where those payments are going, and what's driving the market toward change. We will then examine some payments companies' innovations from the past year that address healthcare payments' most pressing challenges, analyze the problems those innovations address and why they're lucrative, and discuss how other payments companies can learn from those innovations to furnish their own solutions.
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