Notice to Providers – Check Run Schedule Change
Jul. 20, 2010 | Author: MHSTo increase satisfaction related to the timeliness and consistency of claim payment, MHS is changing our check run schedule. Beginning September 1, 2010, MHS’s check run date will change to Wednesday of each week. To support your continued cash flow schedules, MHS will provide two check runs the last week in July. The week of August 29, the check run will occur on Wednesday and thereafter on a weekly basis. Payment will be released from our bank on Thursday for immediate EFT deposit (EFT availability is subject to specific banking institution timeframes). Hard copy checks will be mailed on Friday.
An enhanced electronic payment software called Payformance will be implemented in July which will further compliment timely payment, specifically electronic payment capabilities.
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