PYMNTS.com July 15, 2022
For more than two years we’ve witnessed how federal and state stimulus, a strong job market and restricted discretionary spending have buoyed the consumer’s ability to keep up on debt. Today, the narrative has flipped. Stimulus is over, inflation is here and experts expect people will spend whatever is necessary to take vacations this summer. Additionally, continued staffing shortages and sweeping regulation are putting even more pressure on providers to maintain a strong revenue cycle.
Among these challenges, inflation has been the...