What is an ERA, and how is it used in Resolute to update patient accounts?

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Multiple Choice

What is an ERA, and how is it used in Resolute to update patient accounts?

ERA stands for Electronic Remittance Advice, the payer’s electronic record of payment, adjustments, and patient responsibility for a claim, usually delivered as an 835 file. Resolute reads these remittance advices and posts the payment to the correct patient accounts, applies any allowed amounts and payer adjustments, posts write-offs, and updates the overall accounts receivable balance. This keeps patient ledgers accurate and reconciles payments automatically. It isn’t used for eligibility checks, nor for pre-authorizations, and it isn’t a denial notice.

ERA stands for Electronic Remittance Advice, the payer’s electronic record of payment, adjustments, and patient responsibility for a claim, usually delivered as an 835 file. Resolute reads these remittance advices and posts the payment to the correct patient accounts, applies any allowed amounts and payer adjustments, posts write-offs, and updates the overall accounts receivable balance. This keeps patient ledgers accurate and reconciles payments automatically. It isn’t used for eligibility checks, nor for pre-authorizations, and it isn’t a denial notice.

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