HHS says rule on electronic transfers could save billions

01/9/2012 | Modern Healthcare (subscription required)

An interim final rule unveiled by HHS outlines new electronic funds transfer guidelines that the agency says will streamline the way providers submit payment claims. The new rule, along with a final regulation released by HHS in July covering standards for checking claims status and patient health coverage eligibility, could mean more than $16 billion in savings for the U.S. health system over 10 years, the agency said in a release.

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