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HealthcareDive takes a look at changes and trends it anticipates in the coming year, mainly due to political ripples from Washington (for instance, a judge’s declaration that the Affordable Care Act is no longer constitutional) and emerging consumer preferences. Their snapshot of a few big trends for the payer and provider crowds to watch for…
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We’ve noted here before that there is a Millennial and sub-Millennial generation for whom checks are a bit of a novelty. Still, they will need to use checks more than they may expect or desire, so it’s important that they learn how to use them properly. Fraud is becoming easier and easier to overcome in…
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In news that is encouraging to millions of individuals and families affected by Alzheimer’s disease, Scientific American reportson researchers from the VU University Medical Center in Amsterdam who suggest AI and Machine Learning — already making waves in other industries — could eventually allow automated screening and assisted diagnosis of various forms of dementia, particularly…
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The 2019 Healthcare and Check Payment Technology Conference is nearly upon us. Hot off the presses, we’ve added new stars to the speaker line-up and have a Top 10 List of highlights. Check them out! Jason Schwabline, Alogent, Chief Strategy Officer – check capture innovations Robert “Bob” Frimet, RMF Consulting Group, Chief Rain Maker –…
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One reason Financial Institutions don’t jump in the MSB banking ring is the perception that MSB’s don’t have what it takes from a compliance perspective. Au contraire! As an MSB (Money Service Business), these entities have strict guidelines for compliance. Just like financial institutions, the MSB must have a written policy and procedure, on-going training,…
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InstaMed has released a report that should act as a wakeup call for the health industry as a whole and health providers specifically. Even before you download the report PDF, there’s a striking chart that gets right down to business. Here’s an excerpt: Some additional relevant data from the report: 61% of patients said they…
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A Special Guest Host Blog Post by Bob Frimet, CAMS Millions of Americans depend on banking services each and every day, for everything from writing checks and paying bills to wiring money. But when was the last time you thought about the millions of “under-banked”? Where does that customer go? There are many reasons why…
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Bank fees have been in the news lately, particularly with the ramp up of 2020 presidential candidates. Not only is the aggregate number, $15B, in question, but so also is the issue of whether or not fees are unfairly targeting persons with lower incomes. From WashingtonExaminer.com: One of the Democrats vying to run against President…
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Pymnts.com reports on JP Morgan Jamie Dimon’s latest shareholder letter (which appeared on April 4) noting that AI and Machine Learning are mentioned prominently. Why is this important? Dimon’s shareholder letters are closely read and parsed for nuggets of insight regarding the economy, the investment climate, and even revelations about America’s standing in the world.…
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Let’s face it — even as Machine Learning and Artificial Intelligence (AI) solutions become more and more mainstream and attainable, they are multi-layered concepts that are not entirely intuitive. For the lay person, it could be about as close to trying to understand rocket science as we can get… (present company included!) A McKinsey Quarterly…
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