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

2. Mark Fiora, Business Development
Presenter:
Mark Fiora, Business Development

3. 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!

4. 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

5. 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!

6. 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

7. EOB to ERA Lockbox Workflow

9. Question and Answer

10. For More Information Please contact: Mark Fiora
(860)
Dave Henshaw
(413)