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"ERA - Everything You Wanted to Know But Were Afraid to Ask"

Did you know that ERA (Electronic Remittance Advice) drastically reduces the quantity of paper consumed and the amount of errors in manually posted statements?  Studies estimate that transitioning from paper-based records to electronic remittance systems has the potential to save providers as much as $35 billion and 2.5 billion pieces of paper.

Tomorrow, September 21st, CollaborateMD will be hosting a LIVE webinar to explore the world of electronic transactions and how they can transform your office.  The educational webinar--featuring MGMA (Medical Group Management Association) Consultant--will focus on the basic principles of ERA, and cover a wide range of areas from improving practice efficiency to understanding all of the components of ERA.

Medical practices or billing services utilizing ERA will save time and improve the consistency of cash flow by eliminating line-by-line posting.  As a result, using the auto-apply feature, partnered with the direct deposit of checks, will allow you to effectively utilize your practice resources.  Recent studies also show that using electronic solutions for claims processing and remittance results in a decrease in claims turnaround time.

During our webinar, you will learn:

  • The history of electronic transactions, specifically the electronic remittance advice.
  • Understand the purpose and components of ERA.
  • Identify the types of codes, and learn how to interpret reasons for denials and adjustments.

We hope that you are able to join us for this excellent educational opportunity.  Register now in order to obtain all of your unanswered questions about ERA!

Space is filling up quickly. Reserve your webinar seat now!

https://www1.gotomeeting.com/register/215825977

Cindy Dunn has 33 years of experience in healthcare, including 25 years in management, 18 as the administrator of two medical private practices, and six years in nursing management for a hospital-owned physician practice. Cindy offers clients practical and efficient solutions utilizing technology in both business and clinical management. Cindy helps practices assess their existing and potential information systems in light of the operational and financial challenges facing medical groups today. She understands the request-for-proposal (RFP) process faced by practices and can help administrators and physicians navigate the world of technology.

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