Overview
Boston, MA
March 2007
Smart Cards and Healthcare
NEW RESEARCH REPORT BY MERCATOR ADVISORY GROUP
Smart card shipment volumes continue to rise year over year and adoption for the mobile sector, contactless payment applications, and government ID segments remains strong. Meanwhile, multi-applications smart cards in healthcare remain a small but growing portion of the overall microprocessor card market. While some may dismiss the strength of smart card applications for healthcare, there are compelling benefits to their use. In the United States, the ability to enhance HIPAA compliance, combined with strong capabilities to limit healthcare fraud, are among the benefits offered by smart cards. In addition, the ability to streamline claims processing while simultaneously delivering important medical information in a timely manner, especially in emergency situations, make a strong case for healthcare smart cards.
"In the United States, as we see interest in consumer directed health plans grow, patients must become more involved in the healthcare process," states Melanie Broad, a member of Mercator Advisory Group's Emerging Technologies Service and principal analyst on the report. "Considering the number of players in the space, smart cards could transfer information amongst the various members of the healthcare space with relative ease, helping all players manage the healthcare process from registration to payment."
In Smart Cards and Healthcare: An Opportunity For Payments, Mercator Advisory Group examines various examples of healthcare smart card programs in France and Germany. In addition, a US-based pilot that involved two-factor patient authentication is reviewed as well as a current initiative to bring smart cards to healthcare in order to create a regional medical network.
The report also discusses smart card manufacturers who are currently engaged in the healthcare market. A discussion of the opportunity for smart cards to impact payments in the healthcare space, and landscape populated by a multitude of players, concludes the report.
One of the four exhibits included in this report
The report contains 26 pages and 5 exhibits.
Members of Mercator Advisory Group have access to these reports as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits. Please visit us online at www.mercatoradvisorygroup.com.
For more information call Mercator Advisory Group's main line: 781-419-1700 or send email to [email protected].
Learn More About This Report & Javelin
Related content
‘Disappearing’ Accounts and the Future of Payments
The legacy view of accounts—rigid holdings and lines of credit in financial silos—is yielding to the reality of open banking and interoperability, by which the walls around those a...
Generative AI Isn’t Happening Like We’ve Been Told
Although the AI future isn’t coming as quickly as we were told, it will arrive. Bringing that future to life will require new plumbing (read: technological standards and infrastruc...
Fintech Investing: 3 Trends to Watch in 2025
Venture capital investment in fintech is being gobbled up by AI startups, but the implications for players in the payments space is much more expansive. In the year ahead, look for...
Make informed decisions in a digital financial world