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3 Min Read

Banning health plan EFT fees could save practices big

U.S. senators introduce bill to stop health plans, vendors from charging unnecessary 2% to 5% fees when physicians opt to get payments electronically.

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6 Min Read

March 8, 2024: National Advocacy Update

Senators introduce the No Fees for EFTs Act and more in the latest National Advocacy Update.

Advocacy Update
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3 Min Read

House bill makes it clear: No fees for health plan EFTs

Such fees can cost practices $1 million a year and gobble up as much as 5% of physician payments. Bipartisan bill backed by the AMA would ban them.

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UPDATED
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4 Min Read

Electronic transaction toolkits for administrative simplification

Download PDF resources to help physicians efficiently and successfully manage payment-related interactions with health insurers.

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4 Min Read

Doctors ask CMS to enforce rules on zero-fee EFT payments

As much as 3% of EFT claim payments are going to “value-added” services physician practices never requested. It’s time for the practice to end.

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4 Min Read

3 keys to getting paid and thriving in private practice

So you’ve decided an employment setting isn’t the right fit for you? That makes close attention to payment an even bigger priority.

Private Practices
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2 Min Read

Oct. 5, 2017: Advocacy spotlight on Physicians protected from health plan credit card fees

Physicians protected from health plan credit card fees, according to CMS. Read about AMA's advocacy to clarify the HIPAA standard.

Advocacy Update
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5 Min Read

Physicians protected from health plan credit card fees

Three-year advocacy effort pays off as CMS explicitly spells out what payers must do regarding virtual credit card and EFT payments to physicians.

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2 Min Read

Virtual credit cards could be costing you 5% of your payments

More health plans are paying claims with virtual credit cards (VCC). Physicians might not be aware of hidden fees which could be costing you 5% of your payments. You may be losing a significant amount of your contractual payments to high interchange fees charged by the credit card company.

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