In February 2017, there were 19.7 million healthcare EFT via ACH transactions. 

In 2016, healthcare EFT via ACH volume grew 16.5 percent over 2015 to 242 million transactions. 

WEDI announced the release of a wide-ranging set of industry best practices, entitled Electronic Payments: Guiding Principles.

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Simplifying Payments ... with the Healthcare EFT Standard

The Patient Protection and Affordable Care Act (ACA) mandated the identification of a healthcare EFT standard, NACHA’s CCD+ Addenda, as a HIPAA transaction. Since it went into effect in January 2014, health plans are now required to deliver the healthcare EFT standard to providers upon request. When used in combination with electronic remittance advice (ERA), the healtcare EFT standard can help streamline proceses and create cost savings.  

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Upcoming Events

 

Webinar: Accelerating EFT Adoption with Providers

View Recording and/or PPT Presentation
Organizer: CAQH