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Benefits of Electronic Remittance Advice

For All Submitters

An Electronic Remittance Advice (ERA) is the electronic version of a Standard Paper Remittance (SPR). Both serve as notice of payment and adjustments sent to providers, billers and suppliers. They explain the reimbursement decisions of the payer.

Listed below are several benefits of the ERA:

  • Receive same day claim finalizes
  • Streamline reconciliation process
  • Reduce paper and printing costs
  • Increase secondary claim processing speed
  • Increase productivity and efficiency
  • Reduce storage and maintenance costs
  • Reduce review and filing costs

Message Sent:
November 2, 2021