A record 78 percent of U.S. organizations were the target of payment fraud last year, according to a recent survey of finance and treasury professionals last year.Check fraud ranked highest, with 74 percent of U.S. organizations experiencing check fraud in 2017. Meanwhile, 28 percent were the target of automated clearinghouse (ACH) debit fraud, according to the survey.Its a sign of the dangers healthcare organizations can face when they dont secure payment from commercial insurers and at the point of service.The move away from paper-based check payment in healthcare received federal support in 2014 with a mandate went into effect requiring all payers to support electronic funds transfer (EFT) and electronic remittance advice (ERA) to providers on HIPAA-covered transactions.Yet adoption of electronic payment by healthcare organizations has been slow: While all providers must accept electronic claims payment from Medicare, just 60 percent of healthcare organizations accept electronic claims payment from commercial insurers, and only half accept ERA, according to the 2016 CAQH Index.Protecting Your Organization

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