Payments > Insurance Payments

ERAs vs Paper EOBS?

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Christy:
Just curious, who does paper EOBS and who does ERAs?

All of my current clients receive paper eobs and checks to their offices. They tear off their check, and forward me the eobs.

I have a new client, who left a large billing company for me. Currently, all of her eobs come in ERA form to their clearinghouse. We are deciding if we should keep the ERA format and switch them over to the new clearinghouse, or revert back to paper eobs. Her payments are all direct deposit.

I submitted her first batch of billing via our new clearinghouse, and the EOBs ended up going to the old clearinghouse ::) I know that some leg work needs to be done to transfer the eob delivery but in the meantime, does anyone have a list of pros/cons of ERA over EOB?

thanks!!!!

PMRNC:
I still get EOB's from 2 clients but the ERA's are much more reliable and easier to manage.. I think that's where we are heading anyway.

kristin:
Seeing as how several insurance companies I deal with are going paperless, you are better off with ERA's. At some point, it will be the only option. Definitely more reliable as Linda says, too.

rdmoore2003:
I Agree.  Most insurance companies are or have already started doing the ERA's.  I have some that I just pull our EOB's from their website and payments are direct deposited.    The direct deposits usually are ALOT faster than paper checks anyway.

PMRNC:
I love Kareo's AUTO POSTING.. just saying.. <g>   

I was NOT a fan a few years ago.. but I have to say.. I'm LOVING IT

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