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Account validation is vital to mitigating payment risk and for enabling accuracy of payment routing. Phixius by Nacha is a payment information network that delivers on these needs by linking account validation requesters with data responders. Phixius is a …
Nacha has for many years advocated that dental and medical practices receive claim payments by ACH and avoid virtual credit cards (VCCs) and paper checks. Dental practices, however, all too often found insurance companies coaxing them to take claim …
Nacha is forming the Healthcare Payments Advisory Group to advance electronic payment workflows in healthcare. HPAG’s mission is to establish a collaborative environment with industry stakeholders; generate discussions around electronic funds transfer …
According to the U.S. Chamber of Commerce , "ACH payment acceptance saves small businesses money while improving customer experiences." Does your business currently take recurring payments? Do a significant proportion of your customers currently pay by …
Many medical and dental offices operate on tight budgets, so every dollar counts more than ever. ACH can help. Learn how to tap into the ACH Network and use Direct Deposit and Direct Payment to free up time, and save money and energy to help you grow your …
Every day across the U.S., lots of healthcare professionals receive lots of insurance payments, and new Nacha research shows there’s one common thread. “Nobody likes checks. That’s what we heard. As a payment mechanism, they’re the least efficient, most …
Dentists are flocking to electronic funds transfer (EFT) for claim payments, with a new report finding a 43% jump in those payments from 2022 to 2023. There were 278 million EFT dental claim payments in 2023, up from 194 million a year earlier, according …