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Florida dentists will soon find it easier to get fee-free EFT claim payments—and reject virtual credit cards (VCCs)—under a new law coming to the Sunshine State. “A health insurer that pays a claim to a dentist through Automated Clearing House transfer …
It’s a good problem to have: Going to Smarter Faster Payments 2024 and making sure you don’t miss a thing. “You have to plan your whole schedule on where you want to be and at what time, because it’s packed full of information,” said Lisa S. Coffey, Chief …
It’s been one of Nacha’s main focuses in recent years: Encouraging healthcare professionals—especially dentists—to receive claim payments by electronic funds transfer, or EFT. There’s new evidence that these efforts are paying off. The 2023 CAQH Index …
A decade-long increase in medical and dental professionals receiving claim payments by EFT continued in 2023. The nearly 488 million EFT healthcare payments reflect a rise of 7.7% over 2022. And when you look back to 2013, when there were just 19.2 …
Contact: Media Relations Today, Nacha announced the release of the Payments Innovation Alliance's 2021 Annual Report, detailing how the Alliance continued to offer critical thought leadership on emerging topics impacting the payments industry this year. …
Why does Northern Virginia dentist Dr. Amy Adair like electronic claim payments via ACH? And what happened when an insurer tried sending virtual credit cards? Nacha's case study shows why EFT payments is the way to go for healthcare professionals. …
Nacha announced today that Goldman Sachs has joined its growing community of Direct Members. Nacha now has 46 Direct Members, consisting of financial institutions and Payments Associations. "We look forward to working closely with Goldman Sachs to advance …
Nacha announced today USAA Federal Savings Bank (USAA) has joined as a Direct Member. Nacha now has 45 Direct Members, consisting of financial institutions and Payments Associations. "I am pleased to welcome USAA as a Direct Member and am eager to …
For more than a decade, Nacha has actively encouraged healthcare providers to move away from checks and receive claim payments by ACH. Since January 2014 the Nacha “CCD+Addenda” has been the healthcare EFT standard designated by the Department of Health …