DOTmed April 16, 2021
The push to digitize healthcare — in the form of telehealth, remote access, and new patient care platforms — ramped up dramatically during the Covid-19 outbreak, and likely has fundamentally changed the model for patient care for the future. Meanwhile, modernizing and digitizing payments in the back office of healthcare organizations continues to take a backseat.
This is especially prevalent in small/medium sized healthcare organizations. Take supplier payments for example. Nearly 90% of these types of healthcare entities still receive paper invoices and utilize manual invoice data entry according to a 2019 report from Level Research. Yet, most account payable (AP) departments know that asking for funding for digital solutions for paying invoices will probably not be seen as a...
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