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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 …
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 …
The Council for Affordable Quality Healthcare (CAQH) owns and manages the CORE Operating Rules. The Healthcare EFT Enrollment Rules were just updated to help health claim payments move more efficiently and effectively while aiming to reduce fraud. Three …
Join us on this episode of Nacha’s Payments SmartCast as we delve into the highlights of Nacha's Capitol Hill Day. Rich Leary, President and CEO of PaymentsFirst, and Bill Sullivan, Nacha’s Associate Managing Director of Government and Industry Relations, …
“What is the difference between EFT, ACH and EDI?” We here at Nacha often get asked this question from business financial teams - even from seasoned financial pros. The quick answer is that all ACH (Automated Clearing House) payments are EFTs (Electronic …
Season 3, Episode 3: Call for Presentations Now Open for Smarter Faster Payments 2024 Stephanie Prebish, AAP, APRP, CTP, Nacha Managing Director, Association Services and Nell Campbell-Drake, Vice President, Industry Relations, at Federal Reserve …
Third parties are already a significant part of the ACH Network, and, if anything, as the network grows their roles are only likely to increase. That makes it all the more important for organizations that act as third parties to know their roles and …