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Electronic Remittance Advice (ERA) is an electronic form of your paper Explanation of Benefits which provides details about providers' claims payment, and if the claims are denied, it would then contain the required explanations. The industry standard for sending ERA data is the HIPAA X12N 835. hcrnet offers to make ERA reports available online on the same format at no extra cost.
HCRnet's ERA service can shorten the reimbursement period by making reports available online as soon as they are received from the payers so that they can quickly be viewed or printed as needed. This will improve providers' productivity by knowing in advance which claims have been paid and in what amount and also help process secondary claims much faster.