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Electronic Remittance Advice (ERA) Enrollment Authorization for ACH Payments Effective 06/01/2021, HMO will no longer issue paper checks or paper explanation of payments (EOPS). Electronic payments
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Electronic remittance advice era is useful for healthcare providers, medical billers, and insurance companies.
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Electronic remittance advice (ERA) is an electronic version of a paper Explanation of Benefits (EOB). It provides details about a healthcare claim and payment information.
Healthcare providers, billing companies, and clearinghouses are required to file electronic remittance advice ERA.
Electronic remittance advice ERA can be filled out using healthcare billing software or through a designated online portal provided by the payer.
The purpose of electronic remittance advice ERA is to provide healthcare providers with detailed information about claim payments and denials in an electronic and more efficient manner.
Electronic remittance advice ERA must report information such as patient details, claim number, payment amount, denial reasons, and any adjustments made.
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