ERA in Medical Billing
ERA stands for Electronic Remittance Advice, a digital document from insurance companies detailing claim payments and adjustments.
ERA in Medical Billing Explained
In medical billing, ERAs are used by healthcare providers to track payments, claim denials, and adjustments from insurance companies. They simplify the process by automating the posting of payments to patient accounts.
For example, a medical billing department receives an ERA detailing the insurance payments for a week’s worth of submitted claims, streamlining payment reconciliation.
Find common acronyms and abbreviations in Medical billing glossary.
-
Years in Business
-
Social Signals
