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A key component in the fight against the Coronavirus pandemic appeared on March 13, as a new CPT® code — 87635 — streamlining novel coronavirus testing offered by hospitals, health systems, and laboratories in the United States. The American Medical Association provides details on utilizing the new CPT ® code: The full CPT code description…
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The Medical Lockbox is an essential part of the AR process as it is the first touchpoint where paper-originated insurance remittances, payments, and patient payments are received. However, recent new technologies like AI and Deep Learning are evolving the once legacy system into a high-valued, innovative platform that provides healthcare payments professionals with the ability…
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Saturday Night Live debuted in 1975, meaning that if you were a member of the generation that watched the first seasons of the show, you’re in “the demographic that clings to checks.” according to the pundits. This past weekend, SNL enlightened viewers as to a few exaggerated benefits of “cheques” that we normally don’t promote…
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The Federal Reserve, following through on plans disclosed earlier this year, formally unveiled the U.S. Faster Payments Council, an industry group charged with collaborating to spur the adoption of faster payments and identify market opportunities. According to DigitalTransactions.net: The 22 inaugural members range from retailing giant Walmart Inc. to Visa Inc. and Mastercard Inc. to…
Read MoreThe Money20/20 conference this year in Las Vegas gathered an astounding array of speakers for what is called “The World’s Largest Payments & Financial Services Innovation Event.” Artificial intelligence, online commerce, robotics, even materials handling – – the spectrum of topics covered was enormous. In case you missed the conference (or if you attended but,…
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Billerica, MA, June 7, 2017 – OrboGraph, a premier developer and supplier of intelligent electronic/paper automation solutions in healthcare revenue cycle management (RCM), as well as recognition solutions, image validation and check fraud detection for the U.S. check processing market, recently presented its OrbyAwards for excellence and inducted eight recipients to the OrboGraph Hall of Fame…
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A French digital payment security company called Oberthur Technologies (OT) thinks it can pretty much eliminate credit card fraud with a new technology it calls Motion Code. What’s Motion Code? It’s basically a means of changing static CVVs to dynamic CVVs, changing every hour. If a bad guy gets your card, it would only be useful for…
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It was an hour of power…a happy hour…the eleventh hour. Whatever you want to call it, we covered a lot of ground during our webinar: Revisiting the 2017 OrboGraph Client Conference. Last week Friday, Joe J. Gregory of OrboGraph hosted the recap webinar from its 2017 Client Conference. The webinar covered every outside speaker session and breakout…
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Yesterday, we basically proclaimed victory for conquering the check processing world at the 2017 OrboGraph Client Conference in Atlanta. As a continuation of world domination, we’ll move into the topic of healthcare payments from the conference. Just to get you fired up, watch this introduction movie trailer. The topic of Healthcare payments is very complex and is…
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To say the 2017 Orbograph Client Conference in Atlanta turned out to be a great event would be shameless self promotion, which we would never do. So speaking objectively, it all started with a must-see introduction movie trailer. Then, on the check and payments side, we recruited a number of the best companies and speakers in…
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