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Monday, 26 August 2013

Electronic Remittance Advice

ClinicTracker Connect is excited to announce the BillingTracker 835 Electronic Remittance Advice (ERA) Module. The ERA (commonly referred to as the HIPAA 835 file) is the electronic equivalent of a paper Explanation of Benefits (EOB). It indicates how much the insurer paid on the claim and identifies reasons for any denial of benefits. Prior to the ERA, staff would have to spend hours going through each claim, posting payments, and reconciling any errors. Now that entire process can be automated. Billing software with ERA capability saves office staff from having to collect mail, file paper documents, manually post payments, and adjudicate claims with payers. Another advantage is that insurers pay electronic submissions more quickly.

BillingTracker’s 835 ERA Module gets the most out of the information stored in the remittance file. It automatically analyzes the payments, posts them to the patient account, and pinpoints any underpayments and errors. It no longer makes sense to wrestle with paper forms when you can automate the process. Contact us today to learn more.

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