42% of Small Healthcare Practices Sent Paper Checks During Past Year

The healthcare industry, long tethered to antiquated manual payment systems, faces mounting pressure to modernize its financial operations or risk falling behind the competition and straining revenue streams.

Manual payment methods and processes in U.S. healthcare have historically challenged efficiency and revenue. As other sectors have embraced digital tools, healthcare’s lag highlights an urgent need for modernization. It’s just two of the key findings from PYMNTS “How Modernizing Payments...