Menu
Menu
Question:
Is the use of virtual credit cards for health care claim payments covered by HIPAA transactions requirements?
Answer:
No. The Department of Health & Human Services adopted electronic funds transfer (EFT) standards that apply only to healthcare claim payments made via EFT through the Automated Clearinghouse (ACH) Network—the processing and delivery system for many EFT. Virtual credit card payments are made outside of the ACH Network and therefore are not covered by the HIPAA EFT standards.
CPT® copyright 2023 American Medical Association (AMA). All rights reserved.
Fee schedules, relative value units, conversion factors and/or related components are not assigned by the AMA, are not part of CPT, and the AMA is not recommending their use. The AMA does not directly or indirectly practice medicine or dispense medical services. The AMA assumes no liability for data contained or not contained herein.
CPT is a registered trademark of the American Medical Association.
Subscribe to receive our News, Insights, and Compliance Question of the Week delivered right to your inbox.
Address: 5874 Blackshire Path, #13, Inver Grove Heights, MN 55076
Phone: (800) 252-1578
Email: support@medlearnmedia.com
Hours: 9am – 5pm CT
Copyright © 2024 MedLearn Publishing. Powered by MedLearn Media.
Unlock 50% off all 2024 edition books when you order by July 5! Use the coupon code CO5024 at checkout to claim this offer!
CYBER WEEK IS HERE! Don’t miss your chance to get 20% off now until Dec. 2 with code CYBER24