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According to John Innes, CEO of ACH Processing Company , the complex flow of B2B payments in the healthcare space has several areas of opportunity to not only bring efficiency to the process, but actually provide financial relief to both payers, like third-party administrators (TPAs), and payees, like dental offices and private practices.
Kohli said such customers are looking to turn the shutdown into an opportunity by rethinking some manual processes that their payments workflows are still chained to. There’s [no] couple of days or a week while one is waiting on that ACH window.”. economy still uses $30 trillion of checks and ACH payments per year.
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