HCFA proposal takes zip out of EFTs (electronic fund transfers).
HCFA recently proposed reimbursing providers through electronic fund transfer, a low-cost, fast, efficient means of deposit and payment now commonplace throughout the country. EFTs promise hospitals benefits such as clerical savings through computerization, but regulations proposed by HCFA would inhibit the increased efficiency and cash flow such transactions also can offer.
Gardner
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D014487:Centers for Medicare and Medicaid Services, U.S.; D007344:Insurance Claim Reporting / Q000639:trends*; D016344:Medicare Part A / Q000458:organization & administration*; D012051:Reimbursement Mechanisms / Q000639:trends*; D013685:Telecommunications / Q000331:legislation & jurisprudence*; D014481:United States