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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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What is an electronic remittance advice?
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.
Who is required to file an electronic remittance advice?
Healthcare providers and facilities who receive payments from insurance payers are required to file an electronic remittance advice.
How to fill out 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.
What is the purpose of an electronic remittance advice?
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.
What information must be reported on an electronic remittance advice?
An electronic remittance advice must report the payment amount, adjustments, patient details, claim details, and reason codes for adjustments.
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