LYCOS RETRIEVER
Fifth Third Bank: Data
built 638 days ago
With this new capability, paper Explanation of Benefits (EOBs), currently captured as images within Fifth Third's nationwide lockbox network, can now be converted into HIPAA-compliant data files using RMS' proprietary technology. (HIPAA refers to the Healthcare Insurance Portability and Accountability Act of 1996.) By converting paper documents into electronic images, healthcare clients can streamline their receivables process and shorten their revenue cycle.
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The lawsuits are starting to fly, alleging that TJX and one of its credit card partners, Fifth Third Bank, failed to secure the personal data of millions of customers. A class-action lawsuit was filed last week in U.S. District Court for the District of Massachusetts on behalf of several banks affected by the breach, including AmeriFirst Bank of Union Springs, Ala. A consumer-based class-action suit was filed Jan. 19 in U.S. District Court for the Northern District of Alabama.
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Fifth Third’s application management group ... gains the advantage of performing application tests using more current and relevant data. In the past, test data was based on tape backups that might be two or three weeks old.
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