Cedar provides a smarter way for hospitals, health systems and medical groups to manage the patient payments
Cedar facilitates patient-centric financial engagement across the entire care journey through personalized outreach and a seamless user experience. Over the past year, it has realized substantial growth through innovative institutional collaborations. Cedar offers a comprehensive view of the overall patient payment ecosystem, leveraging millions of internal and external data points to inform the communication method, messaging and payment options that an individual patient may see.
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency.
Leong Sing Chiong, Deputy Managing Director (Markets & Development), MAS, said the experiment envisions are future of digital currency where wholesale
The report is part of the Fed and MAS's ongoing joint Project Cedar/Project Ubin research.