HCFA proposal takes zip out of EFTs (electronic fund transfers)

Gardner, E.

Modern Healthcare 21(35): 32

1991


ISSN/ISBN: 0160-7480
PMID: 10112504
Document Number: 371498
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.

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