Curated News
By: NewsRamp Editorial Staff
August 06, 2024
HPS/PayMedix Acquires TempoPay to Expand Healthcare Payments
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- The acquisition of TempoPay by HPS/PayMedix provides a competitive advantage with interest-free financing for healthcare needs.
- TempoPay VISA® cards can be used for medical, dental, pharmacy, and other expenses not covered by insurance, repaid interest-free over time.
- The acquisition aims to simplify healthcare, remove financial barriers, and improve access to care for all employees, promoting greater health equity.
- TempoPay offers interest-free financing for all healthcare needs, providing a lifeline for employees to access care without high interest bills or stress.
Impact - Why it Matters
This news matters because it addresses the issue of unaffordable healthcare costs and the stress it causes for Americans. The acquisition of TempoPay by HPS/PayMedix aims to simplify healthcare payments, create greater health equity, and alleviate financial pressure for employees.
Summary
HPS/PayMedix announced the acquisition of TempoPay, an innovative healthcare payments solution, addressing health equity and affordability. The study by PayMedix revealed that out-of-pocket costs and deductibles are unaffordable for many Americans, causing stress that affects their health. The acquisition underscores HPS/PayMedix's mission to simplify healthcare and create greater health equity by removing financial barriers for employees.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, HPS/PayMedix Acquires TempoPay to Expand Healthcare Payments
