EFTs & ERAs: Benefits For Your Practice

Date: 12/05/17

Want to reduce costs, streamline secondary billings and improve cash flow for your practice? As a Louisiana Healthcare Connections network provider, you can take advantage of our Electronic Funds Transfer (EFT) and Electronic Remittance Advice (ERA) options! There are many benefits to you.

Streamlined accounting processes

ERAs can be imported directly into practice management or patient accounting systems, eliminating the need for manual re-keying.

Faster payments

Electronic payment mean faster payments, leading to improvements in your practice’s cash flow.

Total control over bank accounts

You maintain control over the destination of claim payment funds, and multiple practices and accounts are supported.

Match payments to advices quickly

You can associate electronic payments with ERAs quickly and easily.

Questions?

For more information about our EFT and ERA services, please visit www.payspan.com or contact Payspan Provider Services at 1-800-733-0908. You can also find more information in our Provider Manual.

And don’t forget: we’ve made it easy and convenient for our providers to submit claims directly to us through our secure provider portal. For help registering for the portal, call your dedicated Provider Consultant, or contact Provider Services at 1-866-595-8133.