In June 2016, healthcare EFT via ACH volume was 20.7 million transactions, totalling $109.7 billion.

In 2015, healthcare payments grew by almost 40 percent to 208 million transactions.

In December of 2015, healthcare payments via ACH grew to 19.6 million transactions.

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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