Fintech takes aim at a $400B healthcare puzzle

The US healthcare payments system is ripe for disruption. Just two decades ago, fees paid by patients accounted for only 5% of hospitals and doctors' revenue, but by 2017, that portion was up to 35%. And the patients' burden is expected to grow amid the increasing reliance on high-deductible medical plans and overall rising costs of healthcare. As a result, out-of-pocket spending stood at more than $406 billion in 2019, a giant market opportunity for fintech startups to tackle. To read the full article click here.

Posted on

June 17, 2021

The US healthcare payments system is ripe for disruption. Just two decades ago, fees paid by patients accounted for only 5% of hospitals and doctors' revenue, but by 2017, that portion was up to 35%

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