This detailed guide explains the role and importance of Electronic Remittance Advice (ERA) in medical billing. Learn how ERA streamlines payment posting, improves cash flow, and enhances claim management through standardized electronic transactions. Explore...
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This detailed guide explains the role and importance of Electronic Remittance Advice (ERA) in medical billing. Learn how ERA streamlines payment posting, improves cash flow, and enhances claim management through standardized electronic transactions. Explore the structure of ERA files, common adjustment and remark codes, best practices for handling remittance advice, and tips to overcome challenges. Essential reading for healthcare providers, billing professionals, and revenue cycle management teams seeking to optimize payment reconciliation and reduce denials.
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