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"Global Payments 2014", Boston Consulting Group.
Mr. Ronan at Western Maryland suggests that global payments could be extended to physicians, too.
That's not enough to earn Global Payments a spot on Visa's approved provider list.
The experience with Massachusetts Blue Cross suggests that global payments can help change the culture of medical practice.
In a statement Sunday, Visa confirmed its decision to remove Global Payments from its list of approved providers.
Bolero.net is a joint venture of SWIFT, a global payments network, and The Through Transport Club, a shipping insurer.
As part of the deal, Tsys, a provider of global payments, would give NetSpend shareholders $16 a share in cash.
This year, Global Payments, an Atlanta-based transaction processor, reported a breach affecting 1.5 million credit cards.
However, the Chinese currency still accounts for a mere 1.4% of global payments, compared with the dollar's 42.5%.
Global payments might be brought to urban areas by defining the population each hospital must serve and shaping compensation schemes for patients who are treated elsewhere.
His plan would set parameters to help private insurers and providers follow suit, in the hope that they would gradually gravitate to global payments, without coercive legislation.
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