CMS Publishes new standards for EFT Transfers

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New standards for electronic funds transfers in health care, required by the Affordable Care Act, will reduce up to $4.5 billion off administrative costs for doctors and hospitals, private health plans, states, and other government health plans, over the next ten years, according to estimates included in new rules published today by the U.S. Department of Health and Human Services (HHS).

For the full press release from CMS click here. http://www.cmeonline.com/sites/default/files/downloads/2012/01/eft_stand...