Electronic Payments Fulfillment Services
WorkCompPay™ is a single vendor payments platform integrated with WorkCompEDI's market leading EDI clearinghouse to dramatically increase electronic payment acceptance & reduces administrative expenses through a cascading payment modality processing.
Introducing WorkCompPay™
Multiple payment modalities means maximum reach to medical providers and payment acceptors
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Electronic payment access to 97% of providers
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Global authorizations on-file for 200,000+ providers
Payment Options
Traditional and Digital Checks
Fully integrated, in-house printing capabilities
Cutting-edge delivery of checks via email and online portal further reduces costs
Cutting-edge delivery of checks via email and online portal further reduces costs
Standard and Enhanced ACH
Access to the largest provider networks reduces onboarding effort associated with ACH
CORE Phase III Certified
CORE Phase III Certified
Physical and Virtual Cards
MCC restricted and delivered securely via mail, fax, e-mail, secure email, and online portal
Where available, “straight-through” delivery direct to provider accounts eliminates manual effort and reduces fees
Where available, “straight-through” delivery direct to provider accounts eliminates manual effort and reduces fees
Instant Payment
Transfer to Debit Card
Payment methods supported through WorkCompPay™
Virtual Cards 2.0
Straight Through Processing
Like Virtual Card 1.0 but using “straight-through processing” of card data to merchant processor to avoid requirement of manual POS data entry
Virtual Cards 1.0
Manual Processing
MCC code restricted, delivered securely through PCI-DSS / HIPPA certified compliant fax, email or secure online portal.
ACH Payments
For providers who elect to receive ACH Payments, WorkCompPay® provides you with significant savings through our partnership with the nation’s largest ACH network. We provide access to more than 75% of the healthcare provider population, representing over $400B in delivered Health Benefit and Workers’ Compensation payments. ACH Payment are CORE Phased III certified.
ACH Enrollment
For providers who elect to receive ACH Payments, WorkCompPay® provides you with significant savings through our partnership with the nation’s largest ACH network. We provide access to more than 75% of the healthcare provider population, representing over $400B in delivered Health Benefit and Workers’ Compensation payments. ACH Payment are CORE Phased III certified.
Paper Checks – Print & Mail
Flexible printing process integrated with clearinghouse services to reduce costs and pivot providers to electronic payment services.
Digital Checks - Instant Check
Cutting edge Digital Check delivery and acceptance process ensures 100% guaranteed delivery of payments and acceptance by banking institutions. Provider Relations manage Level 1 support and Opt-Out process for our clients.
These states already require e-billing for providers and payers:
TN
IL
OR
LA
NC
CA
Other Features
Flexible Reporting of Activity
- Online and batch reporting provided for all activities – inbound, processing, outbound, and returned responses – for global as well as detailed view of processing lifecycle
Support for Indirect Funding Models
- Pre-Paid
- Post-Paid
- Credit-Paid