Small Bytes Presentation EOB to ERA Lockbox Small Bytes Presentation September 10, 2014

Mark Fiora, Business Development Presenter: Mark Fiora, Business Development

Did you know? According to the AMA: A provider with an average of 6200 claims annually can save upwards of $10,000 a year by using ERA and automating their claims process!

Solution, Part 1 By accepting ERAs and automating your claims process you can: Speed up payment Eliminate lost EOBs Free time for collection, follow-up, $revenue$ Improve Accuracy

Did you know? According to the MGMA and AMA: ERAs make up approximately 70% of total remittances. Therefore, 30% of remittances are still generated in paper form!

Solution, Part 2 100% Electronic EOB to ERA This solution coupled with lockbox services will ensure 24-hour turn around time for check deposits Save time spent opening mail, filing and organizing Paper remits are scanned, imaged and matched with claim data to generate 835 files If your PM system offers ERS/ERA posting, you can effectively post 100% of payer remits! Reduce postage expense by automating your secondary billing Eliminate EOB, and payer correspondence storage & archive expense

EOB to ERA Lockbox Workflow

Question and Answer

For More Information Please contact: Mark Fiora mfiora@practiceinsight.net (860)426-0029 Dave Henshaw dhenshaw@practiceinsight.net (413)320-9245