Healthcare’s Financial Revolution: Flexible Patient Payment Options

In the past year, there has been a surge in credit card usage among Americans, with expenditures on groceries increasing by 31% and gas by 22%, as reported by a recentsurvey. This uptick reflects how the relentless rise in inflation and cost of living force consumers to reassess their financial priorities. These trends extend beyond consumer goods, seeping into essential services like healthcare.

The financial strain that leads individuals to postpone seeking care worsens due to delays. Treating health issues in their earlier stages is often more effective and less expensive than addressing advanced or chronic conditions. These persistent, untreated health problems can also impact patients’ quality of life by limiting their ability to work or engage in social activities and negatively impact their mental health as they worry about their well-being and the consequences of delaying care.

“In a recent Weave survey, almost half of consumers said they’d be less likely to delay treatment if their healthcare provider offered BNPL,” said Neish. “At the same time, however, the survey showed that more than half of consumers said their healthcare providers do not currently offer flexible payment options.”

Source: News Formal (newsformal.com)

Post-Pandemic Consumer Machine Learning Healthcare Patient Payment Options Credit Card Usage Expenditures BNPL Inflation

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Financial literacy program helps teens learn budgeting, financial decision-makingHosted by local bank First Credit Union at Chandler Community College’s Pecos Campus, the ‘Mad City Money’ program empowers teens with financial education.
Source: 12News - 🏆 586. / 51 Read more »

Aurora Financial Empowerment Center Helps Individuals Overcome Financial HardshipsThe Aurora Financial Empowerment Center in Aurora, Illinois offers workshops and counseling services to help individuals improve their financial literacy and overcome financial difficulties. The center provides guidance on debt management and offers support to those considering bankruptcy as a last resort.
Source: chicagotribune - 🏆 8. / 91 Read more »

Sling TV: A Flexible Streaming Service with Optional Add-OnsSling TV offers two tracks, Sling Orange and Sling Blue, with optional add-ons called Extras. While it may not have as many channels as its competitors, Sling TV allows you to choose which add-ons you want, giving you more control over your subscription.
Source: DigitalTrends - 🏆 95. / 65 Read more »

Acids enable adhesive electrodes for thin, flexible supercapacitorsSupercapacitors have the superb ability to capture and store energy. Researchers can use different materials and fabrication methods to make them flexible, thin and appropriate for use in wearable or implantable electronics, like smart watches or pacemakers, but those approaches tend to be intricate and costly.
Source: physorg_com - 🏆 388. / 55 Read more »

Making Ends Meet: 'Reflex' app helps people find flexible retail shiftsLATEST STORIES FROM ABC15's KATIE RAML:
Source: abc15 - 🏆 263. / 63 Read more »

The Insta360 Studio Update Allows for More Flexible Video EditingUpdates to the Insta360 Studio video editor allow users to add multiple clips to the same timeline and unlock music and text tools.
Source: petapixel - 🏆 527. / 51 Read more »