Software Integration Will Make You or Break You

August 29, 2012 / 0 Comments

Today was a record day on the system integration front. Today, we worked with an alliance partner and successfully helped them create a demonstration package, running our Accura XV check recognition software in less than one hour! Yes, you heard it, less than 1 HOUR! This amazing achievement was due to a new C# (that’s “C Sharp” for you non-technical folks) interface using state-of-the-art development tools, sample code and a simplified system development kit (SDK). With efficiency in mind for our business partners, the OrboCAR Bridge Interface (OBI) was born as a part of Accura XV.

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10 Considerations for Selecting a Medical Lockbox Provider

August 22, 2012 / 0 Comments

Working with a financial institution for healthcare payment processing via a medical lockbox is an excellent method to eliminate inefficient in-house manual processes for healthcare providers. Providers can typically reduce overhead, improve collections in receivables, decrease bad debt/write-offs, reduce fraud and eliminate paper in the office. While the benefits can be impressive, selecting the right vendor can often be a confusing task.

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Even Mobile Banking Cannot Drive 100% “Online Banking” Enrollment

August 20, 2012 / 0 Comments

It is no secret that banking has come a long way in the past decade. Technological changes have played a tremendous role in expanding services which banking customers now have access to. However, are we limited by the 80/20 rule?

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Why Checks have a Place in our Future

August 15, 2012 / 0 Comments

Everyone seems to want to pick on the check. Poor little guy… Obviously there are inefficiencies with checks, which translate into innovations and new products which generate margin in certain market segments. But let’s not forget…

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Leadership in Denials Management

August 13, 2012 / 0 Comments

Exceptional leadership and innovative solutions have improved patient care and risk management. Case management and interdepartmental IT integration have improved efficiency. Streamlining patient assessment and incorporating bedside admission technological are reducing patient stress levels. However, even with all of the positive adjustments in recent years, hospitals struggle to provide high-quality continuity of care without exhausting the operating budget.

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Congratulations ECCHO NCP Graduates

August 10, 2012 / 0 Comments

What a great accomplishment by the nearly 200 financial industry professionals who recently passed the ECCHO National Check Payments Certification (NCP). This commitment to continued excellence shows that the check processing industry is still alive and kicking! The commitment for this exercise and certification should be appreciated as a true commitment to their profession.

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Check the Check Before Posting the Check into Checking

August 7, 2012 / 0 Comments

Question: As check processing operations transition from centralized to distributed capture, what are the implications to image quality assurance, image usability, and image integrity?

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Can Financial Institutions Help Healthcare Providers with Healthcare Reform?

August 6, 2012 / 0 Comments

Medical lockbox environments have been around for many years now, but addressing the needs of Healthcare Providers (HCPs) is not always an easy task given the current landscape of payments combined with the uncertainty of governmental healthcare programs.

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4 Quick Tips to Help Merchant and Commercial Accounts Identify Check Fraud

July 30, 2012 / 0 Comments

Every business fears the potential losses associated with accepting counterfeit and forged checks. Although banks lose an estimated 893M per year in check fraud, the untold story of losses at the merchant/business location is more dramatic. Industry consultants have estimated these losses can be as high as $10B per year!

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Will Your Payment Solutions Be Ready for the Affordable Care Act?

July 24, 2012 / 0 Comments

The Patient Protection and Affordable Care Act, also known as Obamacare, has been ruled constitutional by the Supreme Court of the United States. Even if the President loses the upcoming election, it is unlikely that the country will allow for the repeal of this new healthcare law. Under the law, as many as 35 million uninsured Americans will join the millions of those who do have health insurance. This means that insurance companies and healthcare providers of every kind and size will have to deal with great numbers of the newly insured.

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