Health care industry stakeholder advocacy group CAQH has introduced a “universal electronic funds transfer enrollment tool” to enable one-stop shopping for providers to enroll in EFT with health insurers.

The Affordable Care Act mandates that payers offer EFT in 2014. According to the Department of Health and Human Services, only one-third of claims were paid electronically in 2010, in part because providers needed to separately enroll with each of their payers.

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