Share your feedback by taking this brief electronic payment survey As many payors are shifting from traditional paper checks to alternative electronic methods of payment, provider organizations are growing increasingly concerned that some entities are charging excessive fees for these payments or are using “virtual” credit cards (VCCs), instead of Automated Clearing House Electronic Funds Transfer (ACH EFT). VCCs require the physician to pay a merchant fee ranging from 2-5 percent, typically, to access the funds. This payment methodology, which is often implemented without physician notification or choice, results in lost revenue and increased administrative burden for practices. The ... April 23, 2015 General Electronic Payment Survey 0 0 Comment Read More »
