Change happens slowly at first, and then all at once. Just look at the healthcare system of today, versus that of, say, 2009. There’s been a sea of change. But as providers move away from traditional fee-for-service models toward value-based care, representing a fundamental shift in how care is delivered and reimbursed, this transformation is not about clinical outcomes alone. The back-end systems that power healthcare organizations, from payments to procurement, are quietly undergoing their own revolution as operational and financial workflows evolve in tandem with care models. It’s about time

Healthcare financing firm PayMedix has teamed with care/benefits platform XO Health.The partnership gives XO Health’s network of self-insured employers, third-party administrators and value-based providers access to PayMedix’s healthcare financing solution, according to a Tuesday (Feb. 4) news release.“Our mission has always been to improve people’s ability to access and afford healthcare when they need it, while simultaneously removing the complexity and administrative burden of bill collection and processing from providers, and simplifying billing for patients,” PayMedix CEO Tom Policelli said in the release.“Our partnership with XO Health aligns with this mission. We’re disrupting the way people access and pay for healthcare together.”According to the release, the partnership gives XO Health members access to PayMedix’s interest-free payment plans, which cover all in-network medical bills, up to their out-of-pocket maximum. The two firms say their work will help reduce costs and administrative inefficiencies.PYMNTS CEO Karen Webster spoke with Policelli in 2023 following the company’s $25 million funding round. He argued that what his company offered was superior to other forms of healthcare buy now, pay later (BNPL) financing.“We offer credit to all consumers at a given employer regardless of their credit history,” he said. “We’ll go all the way up to the out-of-pocket amount

XO Health launches next generation value-based care and benefits platform for self-insured market.