Electronic Remittance Advice (ERA) Can Reduce Your Paperwork
The Electronic Remittance Advice (ERA) can help improve your business office workflow and productivity. Now available through our claims processor, Wisconsin Physicians Service (WPS), the ERA can be automatically loaded into your accounts receivable system depending on your software. Your ERA can be a secure and reliable alternative to manually posting claim adjudication information to an accounts receivable software program and allow you more time to focus on caring for your patients.
How Does It Work?
Containing the same information on claim payment, deductible, and co-insurance, ERA is the electronic equivalent of the Explanation
of Payment and provides details on how your claims were paid and/or why they were denied.
As soon as your WPS TRICARE claims finalize, WPS generates your ERA.
What are the benefits of ERA?
Depending on your practice management system and internal workflow, ERA can improve your business office workflow and productivity
by:
- Eliminating the need to manually enter and process paper EOBs.
- Eliminating errors associated with manual posting of paper EOBs.
- Eliminating the need to store and file paper EOBs.
- Decreasing the time spent reconciling accounts receivable.
How can I start receiving ERA?
To enroll, please download and complete the Electronic Remittance Advice (PDF) document located at www.triwest.com, Find a Form tab and return it to:
WPS Electronic Data Services
PO Box 8128
Madison, WI 53708-8128
For further information about ERA, refer to the 835 Electronic Remittance Advice Transaction guide located in the Your EDI Connection in the Provider Connection area of www.triwest.com.