Boston, August 10, 2016 – Independent hospitals and clinics constitute a large portion of the low-to-middle-market healthcare provider segment, and their appetite for electronic transactions is tied to an increasingly volatile competitive landscape. A key to an independent’s competitiveness is managing operations with the utmost efficiency, but which digital payment—ACH or virtual card—is of greater worth to healthcare providers looking to make their operations run more smoothly?
Based on a 2016 Aite Group telephone survey of 110 low-to-middle-market U.S. healthcare businesses, this report examines commercial reimbursements trends and shares insights into the revenue-cycle needs for electronic payments. It provides electronic payments vendors with the total revenue size for commercial reimbursements transactions and forecasts the impact of the Affordable Care Act on the cost to accept electronic payments. This is the second report in a series of reports based on this data—find the first here.
This 34-page Impact Report contains 28 figures and five tables. Clients of Aite Group’s Health Insurance service can download this report.