WEDI is a nonprofit organization focused on the use of health IT to improve healthcare information exchange enhancing quality
of care, improving efficiency and reducing costs.

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for their continued industry leadership and vision
in tackling healthcare’s most challenging issues."

Aneesh Chopra
The 1st Chief Technology Officer
United States

  • Barriers to Adoption of the ERA and EFT Transactions

    by Samantha Holvey | Sep 15, 2017

    The purpose of this paper is to identify barriers to implementation of the HIPAA standard Health Care Electronic Funds Transfer (EFT) and Remittance Advice (ASC X12N Health Care Claim Payment/Advice (835) and the NACHA Corporate Credit or Debit Entry Plus Addenda (CCD+)) to provide details of the reason behind these barriers, and to suggest steps that providers, payers, trading partners and vendors can take to eliminate the barriers and implement the transactions.

    Barriers to Adoption of the ERA and EFT Transactions

Featured Articles

17% of Practices Pay Fees for Electronic Healthcare Payments

Sep 13, 2017, 18:46 PM

Approximately 17 percent of physician practices are forced to pay a fee for receiving electronic healthcare payments from their payers, with fees ranging between 2 and 5 percent of the total reimbursement, a recent MGMA poll of over 900 medical practice executives showed.

Out of the practice executives who reported a fee, about 60 percent stated that the charge stemmed from payers using a third-party payment vendor.

The poll also showed that about one-half of practices are not charged for accepting electronic funds transfers (EFT) payments and 32 percent of executives are unsure if they pay fees.

To read more, visit RevCycle Intelligence.

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