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ELECTRONIC CLAIMS SETTLEMENT
Payformance Corporation, January 1, 2007
Healthcare is a $2 trillion industry facing many challenges, and holding many opportunities for improvement. One such opportunity is in claim settlement, as today over 95% of claims are settled with paper checks and paper remittance advices. Electronic claim settlement offers tremendous advantages to payers and providers, including significant cost savings. This white paper reviews the benefits and challenges of Electronic Funds Transfer (EFT) and Electronic Remittance Advice (ERA), as well as a practical approach to implementing an electronic approach.
BY:
Payformance Corporation, Jacksonville, FL
www.payformance.com/
(PDF format - click here to download the latest version of acrobat reader)
BY:
Payformance Corporation, Jacksonville, FL
www.payformance.com/
(PDF format - click here to download the latest version of acrobat reader)
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