Tagged: healthcare

Fifth Third Bancorp Announces Acquisition of Big Data Healthcare, a Payments Firm Serving National Health Systems

Fifth Third Bancorp (NASDAQ: FITB) announced a definitive agreement to acquire Big Data Healthcare, a technology solutions provider for healthcare payments and remittance. This transaction “adds national healthcare revenue cycle capabilities, addressing the complex and complicated needs of clients, while building on Fifth Third’s legacy… Read More

Northern Regional Hospital to Improve Employee Retention via DailyPay Partnership

Northern Regional Hospital, a healthcare system of choice for the region, has partnered with DailyPay—the provider of on-demand pay—to provide an essential employee benefit to healthcare employees. Through the partnership, Northern Regional Hospital employees will “have the power of choice and control over their earned… Read More

Analysis Of 13M+ Health Savings Accounts Reveals Balances Increasing in 2021: Report

In an analysis of its Health Saving Account (HSA) Database that was published recently, the Employee Benefit Research Institute (EBRI) found that, “despite health care expenditures increasing in the wake of the COVID-19 pandemic, average HSA balances increased during 2021.” In fact, the majority of… Read More

Financial Stress: Majority of Healthcare Workers Find It Stressful to Manage Finances, Survey Reveals

Inflation is taking its toll on America’s healthcare workers, according to an update from DailyPay. A recent Harris Poll, “among over 2,000 U.S. adults of which nearly 200 are healthcare workers, commissioned by IntelyCare and DailyPay reveals that a majority of healthcare workers across the… Read More

PayZen Raises $200 Million in Credit, $20 Million in Equity

PayZen, a healthcare Fintech, reports that it has raised $20 million in equity capital alongside $200 million in a credit facility. Payzen’s mission is to help patients pay for healthcare at “any stage in the patient’s journey.” The service was created due to the increase… Read More

Investors Rotated Out of Financial Services and Into Healthcare and Tech, Addepar Monthly Report Reveals

Addepar has shared the latest updates as they pertain to the Addepar platform, as well as key insights from their proprietary, “anonymized” and aggregated data set, along with highlights from their client community; and updates about their team at Addepar. In November, they’re taking a… Read More

Axway, Blanc Labs to Offer Integrated Open Banking Solutions

Axway (Euronext: AXW.PA), a provider of open banking built on the Amplify API management platform, is pleased to announce its partnership with Blanc Labs, a “trusted” financial service and healthcare innovation partner. While the largest banks are already well along their digital journey, many others… Read More

RBC Enhances Bank’s Healthcare Offering with Acquisition of MDBilling.ca

RBC announced it has acquired MDBilling.ca, a cloud-based platform that automates and simplifies medical billing for Canadian physicians. The company joins Dr.Bill at RBC, another medical billing company “acquired by the bank in 2020.” Founded in 2008, Toronto-based MDBilling.ca’s product offering is “rooted in its… Read More

Payouts Fintech PayQuicker Empowers Alphabet Inc.’s Verily with Real-Time Compensation for Clinical Trials

PayQuicker, which claims to be an innovative financial technology leader in the global payouts market, announced a new customer, Verily, a precision health company “committed to generating and applying evidence to change the way healthcare is delivered.” Verily, an Alphabet Inc. company launched from Google… Read More

SpendMend Receives Investment From Major U.S. Health Systems

SpendMend, a  provider of solutions to optimize the cost-cycle for the healthcare industry, announced they have closed on a round of strategic investments from Spectrum Health Ventures as well as Memorial Hermann Health System. The new venture activity “follows closely in the wake of the… Read More

Vivian Health Announces Agreement with Lume, a Banking Platform

Vivian Health, an IAC (NASDAQ: IAC) company and the leading healthcare jobs marketplace serving healthcare professionals first, announced an agreement with Lume, a banking platform for healthcare workers, which “allows Vivian to leverage Lume’s technology to create new banking and financial services for the more… Read More

Novant Health Improves Patient Collection Rates Through Partnership with Cedar

Novant Health, which claims to be one of the largest healthcare systems in the Southeast, has significantly improved its patient financial experience by partnering with Cedar, an enterprise healthcare engagement platform that “improves the end-to-end consumer financial journey.” By investing in Cedar Pay, Cedar’s post-visit… Read More

Jumio Announces “Highest Sales” Quarter Ever, Supported by Financial Services, Healthcare Initiatives

Jumio, which claims to be the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, recently announced the “highest sales” of any quarter in the history of the company, “fueled by an ongoing need for modern enterprises across all industries and geographies to… Read More

BNPL: Weave, Sunbit to Bring Buy Now, Pay Later Options to Healthcare Practices

Weave (NYSE: WEAV), the “all-in-one” customer communication platform for small business, has signed a multi-year integration partnership with Sunbit, the Buy Now, Pay Later (BNPL) technology “for everyday needs and services.” Sunbit’s technology will “power Buy Now, Pay Later solutions for healthcare practices across the… Read More

Healthcare Fintech PayZen Secures $15M via Series A Round Led by SignalFire

PayZen, which claims to be a “mission-driven” Fintech addressing healthcare affordability, has announced it completed a $15 million Series A round. SignalFire has reportedly led the Fintech firm’s investment round, along with contributions from Link Ventures and 7wireVentures, as well as existing investors Viola Ventures… Read More

Aleph Zero Releases Mainnet, Celebrates Successful $14.8M Private Sale

Aleph Zero, a company using blockchain technology to serve the unique needs of the enterprise, today launched their mainnet. The development comes on the heels of a successful $14.8 million private sale. The funding comes from pre-seed and seed funding rounds in addition to its… Read More

UAE based Medical Fintech Klaim Secures $1.6M via Pre-Series A Round

UAE-headquartered healthcare financing platform Klaim has acquired $1.6 million via a pre-Series A round. Klaim’s investment round has been led by Mad’a Investments, a private equity company based in Saudi Arabia. Other investors also made contributions to the round, including Arzan Venture Capital and Wealth… Read More

VeChain to Offer Blockchain enabled In-Vitro Fertilization Service App to China’s Renji Hospital

VeChain, a leading blockchain platform for supporting supply chains among other use cases, has announced that together with DNV, they are enabling Renji Hospital (in China) to launch the very first blockchain-enabled IVF Service App, called MyBaby. As mentioned in an update from VeChain Foundation,… Read More

Heathcare Fintech Green Feather Raises $1.5 Million Through Latest Seed Investment Round

  Green Feather, a U.S.-based healthcare fintech and the creator of patient payments platform, Feather Pay, announced on Wednesday it raised $1.5 million through its latest seed investment round, which was led by Lawrence P. Huang, Co-Foudner of Ciena Corp. and Executive Chairman of Green… Read More

U.S. Insurtech Brella Insurance Raises $15 Million Through Series A Funding Round Led By Brewer Lane Ventures

  U.S. insurtech Brella Insurance announced on Thursday it raised $15 million through its Series A funding round, which was led by Brewer Lane Venture with participation from Fidelity Security Life Insurance, SymphonyAI, Digitalis Ventures, Two Sigma Ventures, New York Life Ventures, and Founder Collective. Founded in 2019,… Read More

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