What is the future Optum Financial Vision of Payment Delivery and Settlement in the Healthcare industry?
We imagine a future where healthcare costs evolve into a seamless, fintech-driven ecosystem that empowers both providers, payers and patients. Our goal is to unify fragmented payment networks into one system that integrates payment flows from payers, providers and consumers.
For providers, they aim to surpass traditional payment delivery by providing innovative financial tools that support practice growth and operational efficiency. Through Optum Bank's digital wallet platform, providers can access health-specific benefits, including discounts on business purchases, working capital loans, and equipment financing. These tools allow providers to manage their finances more effectively and focus on delivering care.
For payers and patients, we are committed to increasing the need for transparency and the latest digital payment solutions. By using a “transmission and spending” model using real-time APIs, we ensure that funds are delivered quickly and safely, reducing friction in both payer and patient experiences. This model allows patients to better manage their healthcare costs and improve the efficiency of their payment flows.
