Revenue Cycle Management

Electronic EOB^® / ERA

It is rare that a technology comes along that saves as much time as the automatic application of payment via the receipt and management of electronic remittances or Electronic EOB^®. In one click, apply hundreds of payments instantly with HealthFusion.

When you combine HealthFusion's Electronic EOB (Explanation of Benefits) / ERA (Electronic Remittance Advice) with our Practice Management System, you can electronically post payments directly into a patient’s account.

Key Benefits:

• Posting is inclusive of all write-downs, responsibility transfers, and line-level adjustments.
• Your practice can choose to upload compliant Electronic EOB / ERA files, obtain EOB/ERA files via HealthFusion's Clearinghouse, or a combination of both methods.
• Each Electronic EOB / ERA file is automatically matched to the proper claim in the system, and each claim is balanced based on the data uploaded from the EOB/ERA.
• All check level and interest adjustments are made automatically.

With HealthFusion's Electronic EOB / ERA, your practice never has to give up control of your payment process. The system can be customized so that your billing department can review how each payer paid each claim prior to accepting and finalizing the payment. A powerful remittance search engine assists your practice in researching your remit history. Managing remits is easy – each remit is marked as new, viewed or reconciled on our easy-to-use ERA / Electronic EOB interface. The system will list any exceptions based on HIPAA financial balancing rules, making it trouble-free for your staff to deal with payer balancing errors.

Go green, save the trees, and use electronic remits! Print only when you need a paper copy of a remit. When paper is required, HealthFusion will format your remit so that it will print perfectly in .pdf format with a full translation of the HIPAA adjustment (group and reason) codes.