The Healthcare Administrative Technology Association (HATA) announces new online ERA EFT Resource Library
The Healthcare Administrative Technology Association (HATA), the national association for the practice management system (PMS) industry, announced today the launch of its new online ERA/EFT Resource Library (www.hata-assn.org). Key industry stakeholders, including the American Medical Association (AMA), CAQH, NACHA, Optum and WEDI, joined with HATA to create a powerhouse of knowledge and tools to break down any barriers for physician practices to engage in full ERA/EFT adoption.
“Physician practices can save both time and money by transitioning from manual to automated processes in revenue cycle management. This is particularly true for remittance advice and claim payment processing,” says HATA President, Chris Bruns. “Think of all the hours that a practice spends on handling and filing paper explanations of benefits (EOBs), opening mail, delivering paper checks to the bank, and manually reconciling payments.”