Advantages of Electronic Funds Transfer (EFT), Electronic Remittance Advice (ERA), and Electronic Payment Summary (EPS)
- No more lost or stolen checks
- Quicker access to your funds
- Increased security of information
- Less time spent on claims tracking
- Expedited patient account reconciliation
- Easier retrieval of archived data
Electronic Solutions Simplified
- EFT is a secure method of claims payment. BCBSNM electronically transfers funds directly into the bank account of your choice.
- ERA is an electronic file that explains claim payment and remittance information. The ERA is received the day after claim finalization. The HIPAA compliant format can be automatically posted to your patient accounting system.
- EPS is an electronic print image of the Provider Claim Summary (PCS). It provides the same payment information as a paper PCS. It is received in your office the same day your ERA is delivered.
It's easy to enroll!
Access the EFT Agreement 
and
Electronic Remittance Advice (ERA) Enrollment Form .
More Information
Alerts
EDI Format Specifications
Electronic Transactions
FAQs
Forms
Availity
HealthXNet*
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