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Deluxe Enters Healthcare Payments

Facilitating payments to healthcare providers outside a patient’s insurance company-approved network is a new business initiative for Deluxe. The company has formed a joint venture with Echo Health, a top medical payment specialist. Both companies have contributed assets for creation of Medical Payment Exchange (MPX), a platform to digitize payments between parties that don’t regularly do business with each other. These claims account for approximately 40% of all U.S. medical claims payments annually. Echo Health has existing connections to 160,000 healthcare providers at 50,000 U.S. lo...

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April 2020
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