Healthcare DIVE October 27, 2019
Dive Brief:
- Mastercard is bringing its scale and billing background to the healthcare, launching a new unit around revenue cycle management and data security.
- Previously, the financial services giant only offered flexible spending account, health savings account and health reimbursement arrangement cards for those in employer-sponsored plans.
- New products include predictive analytics built into a health system’s billing platform allowing the provider to personalize patient payment plans; artificial intelligence tech to detect suspicious claims activity and fraud; and biometrics, behavioral analytics and risk assessments to secure health data and mitigate cyberattacks.
Dive Insight:
Silicon Valley-backed startups and established tech giants alike have vied in recent years to tackle healthcare pressure points through efforts like streamlining administration functions.
However,...
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