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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 …
Smarter Faster Payments Remote Connect Aug. 23-26 Event Information: Sponsored by NEACH Payments Group Wednesday, Aug. 25 | 4:30 PM ET L’chaim! Proost! Cheers! However you offer a toast, be sure to bring a glass to raise as you join us tomorrow at 4:30 …
Innovation is vital to any industry, and to encourage forward thinkers in payments, Nacha has created the 15 Under 40 award. “We want to work on building the next generation of payments professionals, and recognizing these superstars is one way of doing …
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. …
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 …
There are some certainties in life, and Jordan Bennett knows this is one of them: “The fraudsters are going to follow the money. They always do.” As Nacha Senior Director, ACH Network Risk Management, Bennett said the focus has long been on debit fraud, …
Sure, you could sit around the pool this summer telling anyone who’ll listen about the great idea you have to solve a payment problem or hoping someone on the next chaise lounge wants to discuss payments industry trends. But chances are the person next to …
While ACH is as easy as ABC in the payments world, not everyone knows about the benefits of using electronic payments. That’s where Nacha’s Industry Verticals team comes in. “Mention Direct Deposit and the light bulb comes on, but ACH is a whole lot more, …