Starting a Medical Billing Business > Starting Your Own Medical Billing Business

EFT Payments

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Michele:
We use ShareFile for our secure email.  We use a free PDF writer called PDF995.  We have to deal with advertisement but it's no big deal.  We could pay a fee for no ads.

RichardP:
Thanks.

Tameka79:

--- Quote from: Michele on June 02, 2016, 11:38:16 AM ---We print them to PDF and email (secure email) to our providers.  That way we save on paper, ink and printer costs, and have a copy saved (we back up our folders with the pdf files).

--- End quote ---

Thanks Michelle! I have a follow up question.  How do you know or how can the provider know that what the Electronic EOB that you post and what is actually posted in their account is the same? I have had a problem with Medicaid in my area where they said they paid an amount, but when I looked to see if it was deposited into the bank account it wasn't.  Right now I have access to seeing the back account because I also do reconciliations in my office, but when I start my company I presume I will not have access to this.

Michele:
The last page of the ERA has the amount.  The provider would have to verify to make sure that amount was actually received by his bank.  We don't have access to their bank accounts.  They have to notify us if they don't get a deposit or if it's not the same amount.  We have not had any issues for the most part.

PMRNC:
My clients send me a bank accounting weekly and we rectify the accounts weekly to make sure they match.

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