Affordable Care Act Provision Cuts Red Tape, Saves Up to $4.5 Billion

Streamlining electronic funds transfers in health care will bring total savings to more than $16 billion over 10 years 

WASHINGTON, DC—(ENEWSPF)—January 5, 2012. 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…