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Artificial Intelligence and Deep Learning

With $140B In Medical Debt, Doctors Saying “I’ll Bill You” Doesn’t Cut It Anymore

August 27, 2021

The problem, to be specific, is unexpected bills and the ability of patients — now responsible for so much more out-of-pocket medical expenses — to pay. Physicians are finding themselves with a pile of unpaid bills that is growing by the month. To begin attacking this challenge, Mr. Colabella suggests “front-loading” expectations as much as…

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OrboNation Newsletter: Check Processing Edition – August 2021

August 26, 2021

In case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing Omnichannel Check Fraud Detection. Review the latest OrboNation Newsletter online or via PDF download.

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Happy Silver Anniversary, Symcor!

August 25, 2021

Congratulations go out to Symcor Inc. on their 25th anniversary in business! Symcor got its start as a joint venture between three of Canada’s largest financial institutions (the Toronto Dominion Bank, Royal Bank of Canada, and Bank of Montreal), and evolved from processing checks and printing financial documents into a market-leading organization with unique expertise…

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5 Innovative COVID-19 Era Healthcare Technologies That Will Outlive the Pandemic

August 20, 2021

Some of the adjustments we’ve made in the era of COVID-19 have become familiar. It’s hard to imagine at this point, for instance, that there was a time when we didn’t know what a ZOOM call was. In fact, it’s now a fairly ubiquitous executive conceit to “prep” the home-office (or rec room) background when…

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The Alcohol Industry Brews Efficiency From The Chaos Of Regulation-Influenced B2B Payments

August 19, 2021

In any industry, dealing effectively and efficiently with suppliers is a challenge. This challenge is enormously compounded in the world of liquor sales, a maze of regulations and restrictions that change from region to region and bedevil even the most experienced manager.

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Four Ways Blockchain Technology Can Reform Financial Management in Healthcare Companies

August 12, 2021

Sheetal Nariani is an expert on blockchain technology who has worked for over a decade in the financial management sector within the healthcare and pharmaceutical industry, including pharmaceutical giants like Cipla and Novartis, and has advised multiple renowned companies in the healthcare and pharmaceutical sector on how to plan, develop, and execute their financial strategies.

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Millennials Want Cryptocurrency To Be Their Digital Payment

August 11, 2021

A commentary at Digitaltransactions.net by Peter Jensen, chief executive of RocketFuel Blockchain Inc., explores the reasons the Millennial generation are not only unintimidated by cryptocurrency, but also prefer it as the digital payment of choice: As the generation that grew up during the financial crisis and the expansion of the Internet, Millennials realized the shortcomings…

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No Surprises Act: Compressed Timeframes Disrupts Billing Companies

August 5, 2021

We’ve reported recently on the No Surprises Act and the necessity for taking steps to prepare for the resultant advanced EOBs. This is advice that nears repeating, as the deadline for implementation approaches. The Kaiser Family Foundation has a comprehensive overview of the No Surprises Act available here.

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83% of Financial Pros Feel that AI is Important to Company’s Success

August 4, 2021

Kevin Levitt, Global Business Development, Financial Services, NVIDIA, has an excellent post at Finextra.com examining the prevalence — and importance — of Artificial Intelligence adoption in fintechs, investment firms, and consumer banks.

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US Bank Survey: Consumers Want Digitized Healthcare Payments

July 30, 2021

Inside Marketer at eMarketer reports on a new survey from US Bank that was conducted on 1,113 US adults. The survey revealed that the pandemic spurred a surge in digital medical payments. Some of the figures they cited that in the last year, 44% of consumers paid their bill at the doctor’s office, 28% paid through an online portal, and 23% paid via a mobile app—but still, over 32%paid by mail, and 21% paid via phone.

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