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How AP Digitization Tackles Hospitals’ Biggest AR Woes

PYMNTS

Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. Cash is always important, but for hospitals, it’s extra important,” he said in an interview.

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US Bank, Inworks Partner On Hospital Payments

PYMNTS

Bank has teamed up with accounts payable automation firm Inworks to streamline business-to-business payments within the healthcare sector. Bank will lend its Virtual Pay Visa Card payments capabilities to the Inworks Intelligent Pay B2B payments platform designed for the healthcare market.