PYMNTS Notes Friction From Slow Healthcare Reimbursements
Consumers now expect instant transfers, making slower healthcare reimbursements feel like friction.
Consumers now expect instant transfers, making slower healthcare reimbursements feel like friction.
A post from @pymnts states that instant deposits and real-time peer-to-peer transfers have changed expectations for money movement. It adds that a healthcare reimbursement taking five to seven days now feels like friction even when the claim is handled correctly. The post references new PYMNTS Intelligence research conducted with @VISADI and links to a PYMNTS.com article titled Healthcare’s Next Competitive Advantage Isn’t Coverage. It’s Cash Flow. The source line repeats that consumers have been trained by the digital economy to expect quick money movement.
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1 post, first seen 5d ago
Consumers now expect instant transfers, making slower healthcare reimbursements feel like friction.
A post from @pymnts states that instant deposits and real-time peer-to-peer transfers have changed expectations for money movement. It adds that a healthcare reimbursement taking five to seven days now feels like friction even when the claim is handled correctly. The post references new PYMNTS Intelligence research conducted with @VISADI and links to a PYMNTS.com article titled Healthcare’s Next Competitive Advantage Isn’t Coverage. It’s Cash Flow. The source line repeats that consumers have been trained by the digital economy to expect quick money movement.