The healthcare industry has been quickly moving to electronic claim payments in recent years, but there are still significant “pain points” that need to be addressed, a senior Nacha official told a federal advisory panel. Since the Nacha “CCD+Addenda” was designated as the healthcare EFT standard in January 2012 its adoption has been “robust,” said Michael Herd, Nacha senior vice president, ACH Network Administration. “Measured by the number of payments, its use has more than doubled since 2014,” the first full year of use after the effective date, Herd said in written comments to the Nation

The healthcare industry has been quickly moving to electronic claim payments in recent years, but there are still significant “pain points” that need to be addressed, a senior Nacha official told a federal advisory panel. Since the Nacha “CCD+Addenda” was designated as the healthcare EFT standard in January 2012 its adoption has been “robust,” said Michael Herd, Nacha senior vice president, ACH Network Administration. “Measured by the number of payments, its use has more than doubled since 2014,” the first full year of use after the effective date, Herd said in written comments to the Nation

Nacha Announces 2016 Largest Originators & Receivers of ACH Payments HERNDON, Va., April 13, 2017 – Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network - overall volume in 2016 amounted to 25.6 billion transactions[1], according to new statistics released today by Nacha — The Electronic Payments Association®. This represents an increase of 5.3 percent over 2015 volume, and is the third consecutive year in which volume grew by a billion transactions or more over the previous year.

Nacha announced that the volume of healthcare EFT transactions via the ACH Network exceeded 149 million transactions, transferring $876.6 billion in claim payments from health plans to providers in Q4 2014.

Since October 2013, the first full month of processing, the volumes of healthcare EFT transactions have increased by 177 percent.

More than eight million healthcare electronic funds transfers (EFTs) via ACH were made in January 2014, the first month in which health plans were required to be compliant with the newly adopted healthcare EFT standard transaction.