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Get the free And Electronic Remittance Advice ERA Changes Final Notice

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December 18, 2014, Montana Health Care Programs Notice All Providers Final Notice Electronic Funds Transfer (EFT) and Electronic Remittance Advice (ERA) Changes This provider notice supersedes all
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An electronic remittance advice is an electronic notification sent by a healthcare insurance payer to a provider, detailing the payment and adjustments made on a claim.
Healthcare providers and facilities who receive payments from insurance payers are required to file an electronic remittance advice.
An electronic remittance advice can be filled out using a practice management software or through a clearinghouse that supports electronic transactions.
The purpose of an electronic remittance advice is to provide detailed information about the payment and adjustment made on a claim to the healthcare provider.
An electronic remittance advice must report the payment amount, adjustments, patient details, claim details, and reason codes for adjustments.
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