EI Billing Providers:
As EI Billing Providers have been enrolling
to receive 835 remittance (also called Electronic Remittance Advice, or ERA)
from third-party payers, PCG would like to remind providers about some key benefits
of enrolling to receive 835 remittance now:
1. 835 is the New Standard: The
SFA and BEI consider 835 to
be the new standard for EI Billing Providers to receive electronic remittance
information. Providers should (but
are not required to) begin the enrollment process as soon as they receive
enrollment forms.
2. Benefits to Providers: There are several benefits to providers
that enroll to receive 835 remittance:
a.
Shorter Payment Cycle – Receiving remittance data electronically
shortens the lifecycle of a claim, by allowing the SFA to receive remittance
data more quickly
b.
Reduction in Administrative Burden – Reduces manual work by eliminating the
need for EI Providers to enter remittance data directly into EI Billing or send
remittance data to the SFA for processing
c.
Data Accuracy and Completeness – Allows the SFA to receive more detailed
information, which stands up to scrutiny and protects the Provider
d.
Reduction in Denials – Helps prevent subsequent denials based on
untimely claims resubmissions
e.
Industry Standard – The receipt of insurance remittance data
via an 835 is a HIPAA-compliant industry standard practice
3. EOB Entry Shut-off: Following enrollment in the 835 process,
BEI will be ending manual entry of EOBs for all EI Billing Providers. The SFA
can work to guide you through this transition as seamlessly as possible, so
that all EI Billing Providers can begin enjoying the multitude of benefits
offered by the 835 process. (Note: EI Billing Providers that do NOT enroll to
receive 835s prior to EOB manual entry shut off must wait for flat files to
return before the claims can move to the next payer.)
EI Billing
Providers that have enrolled to receive 835 remittance have already begun to
see benefits. In one specific example, the payer GHI received a claim file from
NYEIS on January 27th. Providers that had enrolled to receive 835
remittance from GHI were sent an 835 just
two days later, on January 29th. Conversely, providers that
receive remittance from GHI via flat files may have to wait up to one month, as GHI processes flat
files on a monthly basis. Providers can view their payment posting history in
EI Billing to see how long it takes for their payments to post. For the majority
of payment activity, providers will notice a shorter payment cycle for 835 remittance
compared other payment posting methods.
If you would like more information about the
benefits of receiving 835 remittance, or have any questions about the enrollment
process, please contact the PCG Customer Service Center at (866) 315-3747.
Article ID: 312, Created On: 2/19/2016, Modified: 2/19/2016