Access to medications, for some, can mean the literal difference between life and death. Stories of people skipping drugs they need to survive because they cannot afford the cost have become all too common. One recent example is the sad death of 26-year-old Minnesota resident Alec Smith who was a type I diabetic but was… Read more »
Paysign’s Digital Banking Solution Is Changing the Way Business Is Done Only a few short years ago, 50% of all businesses1 still relied on paper checks as their primary means of making payments. If you look at only SMBs2, that percentage was dramatically higher at 97%. Consumers’ acceptance of digital banking as a mainstream complement… Read more »
Paysign Premier Provides Accountholders With a Suite of Tools Designed to Help With Money Management Even amid a worldwide pandemic, financial security is at the forefront of concerns for your payees – people your business depends on to operate – including employees, temps, gig workers, contractors, and vendors. In fact, a 2020 MetLife study found… Read more »
There is a percentage of the population that has never experienced the pain and frustration of paying bills with antiquated banking tools. Before the rise of digital banking – which, according to a survey conducted by the nonprofit agency BAI in 2020, has increased by 50% since the start of the COVID-19 pandemic – the… Read more »
When asked why they entered the profession, a large percentage of healthcare providers cite their desire to help others as one of the biggest reasons for choosing the industry. So far as reasons go, it’s a noble one. However, one reason not often mentioned is that, as a pharmacist, doctor, nurse, or any other type… Read more »
More than 2M deaths globally, stalled economies, record unemployment, social isolation, and the growing burden on overwhelmed hospitals and healthcare workers: That’s the true cost of the COVID-19 virus and resulting pandemic. As medical science continues to search for ways to prevent severe illness and death, Paysign has worked to stay abreast of the unfolding… Read more »
Streamlining patient affordability claim procedures for in-office healthcare services is a problem that requires a sophisticated solution. It can be easy to fall into the snare of seemingly endless paperwork, backlogged claims, and lack of patient retention without the proper systems in place. From appointment to payment, a claim’s journey can be quite lengthy, with… Read more »
In the U.S., the number of specialty pharmacies is on the rise, and hub services are growing in lockstep to meet the needs of the industry. Specialty pharmaceuticals, which include therapy classifications and orphan drugs designed to treat rare diseases, are also increasing in cost, with some genetic treatments exceeding half a million dollars for… Read more »
An Executive Insight on the 2021 Notice of Benefit Payment Parameters By Matthew Turner, VP of patient affordability solutions, Paysign, Inc. Each year, millions of gravely ill patients require access to specialty drug therapies designed to treat rare and orphan diseases and face out-of-pocket costs they cannot meet. Enter manufacturer-sponsored patient assistance programs (PAPs). These… Read more »
Paysign is proud to be your payments and processing partner. We continue to monitor the impact of COVID-19 and are committed to providing the same high level of quality and service you have come to expect from us. We are currently operating at 100%, and will continue to provide uninterrupted service with the implementation of… Read more »
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