Finclusion
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog
No Result
View All Result
Paytm
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog
No Result
View All Result
Finclusion
No Result
View All Result
Paytm has launched an innovative healthcare and income protection plan named 'Paytm Health Saathi' exclusively for its merchant partners. (Image source: Freepik)

Paytm has launched an innovative healthcare and income protection plan named 'Paytm Health Saathi' exclusively for its merchant partners. (Image source: Freepik)

Revolutionising healthcare finance: How fintech is transforming patient experience

February 26, 2024
in Fintech
418 5
0
Share on FacebookShare on Twitter

With the emergence of fintech solutions, the intersection of finance and healthcare is undergoing a profound transformation. Fintech, short for financial technology, is revolutionising healthcare finance by enhancing affordability, accessibility, and transparency for patients worldwide.

One of the primary contributions of fintech to healthcare finance is its ability to democratise access to funding for medical expenses. Traditional financing options such as personal loans or credit cards often come with high interest rates and stringent eligibility criteria. In contrast, fintech platforms offer innovative alternatives such as medical loans, healthcare savings accounts, and point-of-care financing solutions. 

You might also like

A total of 21 awards were presented—10 to leading banks and 11 to high-performing fintech companies. (Image Source: PIB)

Government Recognises 21 Banks and Fintech Innovators for Excellence in Digital Payments

June 19, 2025
RuPay and JCB International have announced a limited-period cashback offer for RuPay JCB Debit and Credit cardholders. (Image Source: Freepik)

RuPay JCB Cardholders to Get 25% Cashback for In-Store Purchases Across Eight Asian Countries

June 18, 2025

These platforms leverage technology to streamline the application process, offer competitive interest rates, and provide flexible repayment options tailored to patients’ needs. 

Fintech solutions are also simplifying the process of healthcare payments and billing by offering intuitive payment platforms and billing systems. Patients can now easily manage their medical expenses, track payments, and receive real-time updates on their healthcare bills through mobile apps or online portals. 

Additionally, fintech platforms are enabling seamless integration with insurance providers, facilitating direct billing and claims processing, further reducing administrative burdens for both patients and healthcare providers.

Fintech is empowering patients to take control of their long-term financial wellness. Through financial literacy resources, budgeting tools, and personalised financial advice, fintech platforms are helping patients make informed decisions about their healthcare spending and saving. 

By promoting financial resilience and planning, these solutions enable individuals to better prepare for unexpected medical expenses and mitigate the financial impact of healthcare emergencies.

Fintech is reshaping the entire healthcare ecosystem, from patient financing and payment processing to care delivery and population health management.

Tags: Financial TechnologyFintechFintech in HealthcareHealthcare Finance

Related Stories

A total of 21 awards were presented—10 to leading banks and 11 to high-performing fintech companies. (Image Source: PIB)

Government Recognises 21 Banks and Fintech Innovators for Excellence in Digital Payments

by Finclusion
June 19, 2025
0

The Department of Financial Services (DFS), Ministry of Finance, hosted the Digital Payments Awards 2025 at Vigyan Bhawan, New Delhi,...

RuPay and JCB International have announced a limited-period cashback offer for RuPay JCB Debit and Credit cardholders. (Image Source: Freepik)

RuPay JCB Cardholders to Get 25% Cashback for In-Store Purchases Across Eight Asian Countries

by Finclusion
June 18, 2025
0

In a move aimed at enhancing international travel spending experiences for Indian consumers, RuPay and JCB International have announced a...

TRAI observed that many complaints about spam are linked to businesses that claim to have customer consent.(Image by Storyset on Freepik)

TRAI Teams Up with RBI and Banks to Launch Pilot Project for Digital Consent Management

by Finclusion
June 17, 2025
0

In a major step towards tackling spam calls and messages, the Telecom Regulatory Authority of India (TRAI) has launched a...

The Ministry of Finance has firmly denied speculation suggesting that Merchant Discount Rate (MDR) will be levied on UPI transactions. (Image source: Freepik)

Government Dismisses MDR Rumours on UPI Transactions as ‘False and Baseless’

by Finclusion
June 16, 2025
0

The Ministry of Finance has firmly denied speculation suggesting that Merchant Discount Rate (MDR) will be levied on Unified Payments...

Next Post
At its 24th Annual General Meeting (AGM), Paytm, India’s leading payments and financial services distribution company underscored its strategic focus on core payment solutions and its commitment to achieving profitability.

PPBL Reconstitutes Board; Vijay Shekhar Sharma Steps Down as Part-Time Non-Executive Chairman and Board Member

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finclusion

© 2024 Finclusion

Quick Links

  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog

© 2024 Finclusion

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version