OrboNation Blog
It shouldn’t take news of a massive data breach on Facebook to remind people in all industries – – particularly healthcare – – that we must remain absolutely vigilant when it comes to security and privacy requirements. As Rosemary McKenna states in her blog at Lexology: Nary a week goes by without news of a data…
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On July 1st, 2018, Amendments to Federal Reserve Regulation CC take effect. Many financial institutions are taking a passive approach to these very important changes. Others are serious about making changes to their deposit agreements and are changing workflows to modernize their risk and fraud practices. What’s your position on these changes? The amendment creates…
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If there has been a common term that pops up throughout the recent past in the healthcare sector, it is uncertainty. The word “uncertainty” pops up in the very first sentence of this comprehensive article by Shubham Singhal, Brian Latko, and Carlos Pardo Martin of McKinsey & Company. It’s a deep dive and the article is worth…
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The Wall Street Journal (subscription required) reports that Amazon may be looking at entering the checking account game. Sanvada reports online for those who do not subscribe to the WSJ: A report from the Wall Street Journal has claimed that the retail giant is working on what it calls a “hybrid-type checking account” designed for…
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Have you heard about “the experience” of an OrboGraph conference? The 2018 Healthcare and Check Payment Technology Conference is again shaping up to be an amazing event. This year, we are hosting the conference on May 7th-9th, 2018, at the Union Station Hotel in Nashville, TN. For a glimpse into the past, see videos and photos from our…
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Value-based health care is around the corner — or are we supposed to be already living it? The uncertainly in the health care world today has caused many healthcare organizations to slow or stall their efforts to prepare for risk-based medicine. A Deloitte survey found more than 80 percent of physicians still received compensation under fee-for-service…
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Is your financial institution ready for payment innovation? The Innovation Readiness Playbook from PYMNTS.COM surveyed US financial institutions and created a gem for strategic and tactical considerations. Like many surveys, you can take a positive or negative spin on the data and critique the questions. For example: Is this a wake-up call to mid-sized financial institutions that…
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eBooks are fun! Check out Becker’s Hospital Review’s eBook “The Revenue Hero’s Guide to Revenue Cycle Success.” Revenue cycle leaders are the unsung heroes of every healthcare organization. Optimizing revenue cycle management requires that you deliver super hero level effort each day, to achieve the financial results necessary to fund the clinical mission. The purpose of…
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You’ve probably seen the headlines: Bank of America ends free checking option, causing customer uproar Bank of America Is Eliminating a Popular Free Checking Account A major bank eliminates free checking – – a blow to the lower income consumer who depends on checks and checking accounts, right? Would it spur industry-wide changes, similar to…
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No matter which side of the aisle you reside, healthcare professionals are looking at a mixed bag of good, bad, and indifferent in the budget blueprint put forward by the administration. Becker’s Hospital CFO Report has an analysis of healthcare impacts in the proposed budget. Here’s the list; visit their site for insights and see…
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