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OrboNation Newsletter: Healthcare Payments Edition – May 2022

May 26, 2022

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

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OrboNation Newsletter: Check Processing Edition – May 2022

May 25, 2022

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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Cerner/AKASA Partnership: Driving Automation Through AI For Better Doctor and Patient Experience

May 20, 2022

RevCycleIntelligence.com reports that Cerner, a global healthcare technology company, has announced that it is prepared to help members achieve revenue cycle automation by providing access to an artificial intelligence (AI)-driven platform through a collaboration with AKASA. “We’re excited to team up with AKASA to accelerate the adoption of advanced automation within the revenue cycle,” Steven Colucci,…

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75% of Surveyed FI’s Companies Now Employ High-Performance Computing, Deep Learning, and Machine Learning 

May 19, 2022

PYMNTS.com reports on the move toward more efficient digital processes — accelerated, of course, during the trend away from in-person banking that began as a result of the COVID pandemic. It’s all in the latest Digital-First Banking Tracker®, wherein PYMNTS examines how FIs can realize savings in time and resources while offering customers an improved experience…

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Price Transparency Addressing Buy Now, Pay Later Model

May 13, 2022

We are watching the healthcare industry reinvent itself after being buffeted by a pandemic. In addition to problems of staffing, space, and encouraging preventive habits, paying for care has been exposed as particularly problematic. Fortunately, as reported on the PYMNTS.com website, new players are stepping up to address it. Startup Walnut announced Thursday (May 5) its $110 million…

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The Drive Towards Digital: Adoption of Mobile Check Deposits

May 11, 2022

The latest PaymentsJournal podcast, with guest speaker Chuck Doherty, Fiserv’s Director of Client Relations for Deposit Solutions, and Sarah Grotta, Director of Debit and Alternative Products Advisory Service at Mercator Advisory Group, discusses mobile check deposits, best practices to drive greater accountholder adoption, and the challenges financial institutions face as they continue to search for…

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PwC Report: Inflationary Impact Baked Into Healthcare Costs Before It Hit the Economy

May 5, 2022

PwC, a leader in Customer Experience Strategy Consulting, released a report that examines medical costs trends in this unique period of time: The pandemic has shifted how and where Americans gain access to care, a shift large enough to influence multiple aspects of price and utilization and, thus, medical cost trend. The aftereffects of the…

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FIS eBook: A Look at the Future of Community Banking

May 4, 2022

It’s no surprise that the banking industry has become more dynamic, trending towards technology to help meet ever-changing customer demands. While large financial institutions have the resources to adapt to these changing needs more quickly, community banks and small financial institutions must be more strategic, as each decision can drastically impact the business. Additionally, community…

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No Surprises Act Update: How Will It Be Enforced?

April 29, 2022

The No Surprises Act was signed into law in 2020, going into effect on January 1, 2022 for most consumers enrolled in individual and group health insurance plans. As discussed in this space previously, the new law addresses “surprise” medical bills in any of the following three circumstances as described by the Commonwealth Fund: An…

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What’s Driving the OCC’s New Fintech Oversight for Community Banks?

April 28, 2022

The OCC’s senior deputy comptroller for midsize and community bank supervision, Sydney Menefee, recently spoke to American Banker about some of the changes she’s observed in the decade since the Office of the Comptroller of the Currency last overhauled its supervision of small and midsize banks. “The industry has evolved, and we have to evolve,…

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