Healthcare payment solutions provide structured payment models that help patients pay for their treatments directly or via insurance coverage. Earlier, there used to be Paper-based payment models for the payments, and now there is a digital health payment system that is adopted in the healthcare industry for a hassle-free process. Nowadays, the healthcare sector is already transitioning from the healthcare payment systems based on the volume of the services provided, known as fee-for-service, which are also called value-based healthcare payments. The healthcare providers and the payers are changing paradigms towards the healthcare payment systems to value-based healthcare, which has struggled to make significant progress to achieve success.