PYMNTS

DECEMBER 29, 2020

There is a fundamental need to link complex remittance data — explanation of payment — with the payments being made.”. Some payers had to limit the operations of their mailrooms. When completed correctly, this allows the healthcare provider to accurately reconcile the payment and settle the claim. Treating A Payments Toothache.

Digital Payments 84

Digital Payments Remittance Data Payments B2B 84

PYMNTS

JANUARY 25, 2019

Thielens said payments is a particularly interesting area, considering how much innovation has occurred in the last decade with payers (consumer and corporate alike), demanding greater choice and variety in how they make payments. That’s not likely to happen anytime soon, he said.

API 69

API Payment APIs and Integration Finance Facilitators 69

PYMNTS

JUNE 29, 2018

” Remittance data, linked to payments between providers and insurance players, is critical on both ends of the transaction. ” In verticals like healthcare, claim data can be dozens of pages long and, at present, the market struggles with transmitting that information efficiently whenever payments are made. .”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

OCTOBER 31, 2019

And while the lockbox continues to play an important role in AR and reconciliation, it no longer addresses the entire challenge as more electronic payments come in without remittance data. He did note, however, that he is “very optimistic” about the emergence of new payment services able to move remittance data along with funds.

Lockbox 43

Lockbox Remittance Data Checks RTP 43