BC Advantage - 2006 Issue 9

Finishing the Electronic Claims process

Many practices and clinics have embraced electronic claims filing and are realizing significant benefits by reducing filing errors, saving staff time and dramatically improving turnaround time for payment.Two other steps in the process of reducing manual effort and the dependency on paper deserve serious consideration: Electronic Remittance Advice files (ERA) and Electronic Funds Transfer (EFT).Medicare says the following about EFT and ERA:"[Medicare] recommends that providers accept ERA transmissions in lieu of mailed SPRs [EOBs], and that they accept EFT payments rather than paper checks. The amount payable for each claim as well as each adjustment applied to...

To read the full article, sign in and subscribe to BC Advantage.

Access to this feature is available in the following products:
  • BC Advantage, 30+ CEUs & Webinars

demo
request yours today
subscribe
start today
newsletter
free subscription

Thank you for choosing Find-A-Code, please Sign In to remove ads.