New Standards Coming January 2014 Can Help Physicians Streamline Payment Effective January 1, 2014, the Affordable Care Act (ACA) will require health insurers to standardize business practices for electronic funds transfers (EFT) and electronic remittance advice (ERA); this new criterion will save physician practices time and money by allowing them to automate the tedious process of matching submitted medical claims with payments from insurers. November 7, 2013 AMA, Physician Resource AMA, EFT, ERA, ACA, Affordable Care Act, American Medical Association, Toolkits 0 0 Comment Read More »
HHS Releases Interim Final Rule on Electronic Funds Transfers/ Remittance Advice The Department of Health and Human Services (HHS) has released an interim administrative simplification final rule for electronic funds transfers (EFT) and remittance advice (ERA) transactions. The rule is open for public comment until October 9. August 24, 2012 News ERA, EFT, remittance advice 0 0 Comment Read More »
