The pandemic may be over, but the challenges surrounding the procurement of, and payment for, medical supplies still pose problems for many of the nation's healthcare providers. Steven Mohr of Huntington Health tells PYMNTS about how his company is using technology and financial partnerships to help.
Firms that receive real-time payments are less likely to use wire transfers, and those that send real-time payments make less use of regular ACH. Why? They and their customers have come to expect greater speed and transparency.
As industry payment processor and business service provider LeafLink topped the $1 billion threshold this week, the fast-growing industry is proving to have an appetite for other B2B services too, with the same cash flow and visibility concerns of more traditional retail operations.