Deluxe Enters into Health Care Payments Claims Transactions through new Venture with ECHO Health

New platform will enable organizations making healthcare payments to migrate from paper checks to digital payments

Today, Deluxe (NYSE: DLX), a Trusted Business Technology? company, announced the launch of the Medical Payment Exchange (MPX) platform, a joint venture with healthcare payment provider ECHO Health.

This venture establishes a new cloud-based digital payment process to address an unmet need in healthcare payments: the healthcare payers’ challenge of delivering efficient electronic payments to providers whom they pay infrequently. According to the 2018 CAQH Index , these payments account for roughly 40 percent of all medical claim payment transactions and 88 percent of dental claim payments.

“The partnership between Deluxe and ECHO brings a new approach to healthcare payments, solving key challenges faced by payers and providers,” said Michael Reed, General Manager of Payments for Deluxe. “The joint solution uses patented technology to overcome today’s challenges of business process disruptions when migrating digital payments and flexibly addressing the differing needs of payers and providers.”

For providers, establishing and maintaining electronic connections with payers from whom they receive infrequent payments is complex. As a result, payers making these payments are hampered by the high costs and inefficiencies of delivering paper checks. The MPX solution powered by Deluxe leverages best-in-class payment platforms from Deluxe and ECHO to solve this challenge by digitizing the payers’ common paper checks and delivering them electronically to healthcare providers in a format that is easy to process.

The new joint venture solution enables healthcare payers to migrate from paper checks to digital payments, generating significant savings through speed and efficiency gains without requiring large infrastructure investments or changing payment processes. Payers upload check batch files and MPX digitizes the remittance, sending an electronic payment and Explanation of Payment (EOP) simultaneously through its rapidly growing electronic network serving more than 160,000 service providers in 50,000 locations.

Healthcare providers receiving payments now have multiple choices to pick from as to how they would like to receive the disbursement. Providers are electronically notified of their payment, and can choose between a digital check payment, a Visa commercial card payment, or an ACH payment.

“High costs, inefficiency and lack of payment choice for providers has been the norm in the healthcare payments space,” said Bill Davis, Chairman and CEO, ECHO Health. “Partnering with Deluxe allows us to jointly bring a solution to the market that delivers immediate benefits to insurers and providers and helps drive costs out of healthcare. For the payers using MPX, they receive the benefits of electronic payments, while providers now have the speed of electronic payments with the simplicity of a check.”

For more information about the Medical Payment Exchange, visit www.mpx.com .

About Deluxe

Deluxe is a Trusted Business Technology? company that champions business so communities thrive. Our solutions help businesses pay and get paid, accelerate growth, and operate more efficiently. For more than 100 years, we’ve been helping businesses succeed at all stages of their lifecycle, from start-up to maturity. Our unparalleled global scale supporting approximately 4.5 million small businesses, over 4,000 financial institutions and hundreds of the world’s largest consumer brands uniquely positions Deluxe to be our customers’ most trusted business partner. To learn how we can help your business, visit us at www.deluxe.com , www.facebook.com/deluxecorp , www.linkedin.com/company/deluxe , or www.twitter.com/deluxecorp .

About ECHO Health

ECHO Health, Inc. is the leading provider of electronic healthcare payment solutions. ECHO processes 200 million claims and pays more than $40 billion annually to providers and members from industry-leading payers. Founded in 1997, ECHO is a privately held company located in Westlake, Ohio. For more information, please visit www.echohealthinc.com or call 440.835.3511, ext. 118.

新的平台将使医疗保健支付机构能够从纸面支票转移到数字支付。

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豪华支付公司(Deluxe)支付总经理�だ锏�(Michael Reed)表示：“豪华和Echo之间的合�戳艘恢中碌囊搅票＝≈Ц斗绞剑饩Ц斗胶凸┯ι堂媪俚墓丶！绷辖饩甘褂米ɡ际谇ㄒ剖种Ц逗土榛罱饩墩吆吞峁┱叩牟煌枨朔说苯讨卸系奶！�

对供应商来说，建立和维持与他们收到不经常付款的付款人的电子联系是很复杂的。�Ц墩庑┛钕畹娜擞捎谔峁┲矫嬷钡母叱杀竞偷托识艿阶璋Ｓ傻虑�(Deluxe)提供动力的MPX解�咐昧说虑�(Deluxe)和Echo的一�镀教ɡ唇饩惶Ц墩叩钠胀ㄖ笔只⒁砸恢忠子诖淼母缘缱臃绞浇桓陡搅品┥獭�

新的合资解�甘挂搅票＝≈Ц墩吣芄淮又矫嬷弊频绞种Ц叮ü岣咚俣群托识谑〈式扌杞写；∩枋┩蹲驶渲Ц读８犊钊松洗迸挝募琈PX将汇款数字化，同时通过其迅速发展的电子网络�000�愕�160 000多家服�┥谭⑺偷缱又Ц逗透犊罱馐�(EOP)。

接受付款的医疗保健提供者现在有多种选�┭≡匀范ㄋ窍Ｍ绾位犊睢９┯ι瘫坏缱油ㄖ堑闹Ц叮⒖梢匝≡种敝Ц叮┲ど桃悼ㄖЦ叮支付。

“高成本、低效率和供应商缺乏支付选�笔且搅浦Ц读煊Ｌ盓cho Health公司董事长兼首席执行官比尔·��(Bill Davis)说。“与豪华酒店的合�颐悄芄还餐谐〈匆恢纸饩福Ｏ展竞凸┯ι烫峁┘词崩妫镏杀敬右搅票＝≈邪氤！倍杂谑褂肕PX的支付者来说，他们可以从电子支付中�么Γ┯ι滔衷谕ü募觳榫涂梢曰缱又Ц兜乃俣取！�

有关医疗支付交易所的更多信息，请访问www.mpx.com。

关于豪华

豪华是一�眯爬档纳桃导际司，支持商业，使社区繁荣。我们的解�赴镏Ц逗突ǔ辏铀僭⒏行У卦俗00多年来，我们一直在帮助�谏芷诘母锥稳〉贸晒Γ哟匆档匠墒臁Ｎ颐俏抻肼妆鹊娜ＶС至舜50�⌒推�4000多家�购褪俑缟献畲哑放疲购阑晌颐强突ё钚湃蔚纳桃祷锇椤Ｒ私馕颐侨绾伟镏囊滴敕梦饰颐牵簑ww.dualxe.com，www.facebook.com/dualxecorp，www.linkedin.com/Company/dualxe，�.twitter.com/decexecorp。

关于回声健康

回声健康公司是电子医疗支付解�傅牧煜裙┯ι獭cho处理2亿�磕晗盗煜鹊闹Ц斗胶统稍敝Ц�400多亿美元。Echo公司成立于1997年，是一家私营公司，位于俄亥俄州的韦斯特莱克。欲了解更多信息，请访问www.echo harthinc.com，��440.835.3511，电话分机。118.

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