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Benefits of EFT/ERA

There are many benefits associated with using EFTs and ERAs. We encourage providers to enroll in PaySpan Health's EFT/ERA service to take advantage of these benefits.

  • Improved cash flow: Electronic payments mean faster payments to provider bank accounts.
  • Reduced accounting expenses: Electronic remittance advices are imported directly into practice management or patient accounting systems, reducing paper handling and eliminating the need for manual re-keying.
  • Control payment destination: Providers keep TOTAL control over the destination of claim payment funds. Multiple practices and accounts are supported.
  • Manage multiple payers: Providers can reuse enrollment information to connect with multiple payers. Different payers can be assigned to different bank accounts.
  • Complete reports available: PaySpan makes tracking and reconciling payments quick and easy with flexible payment reports. Providers can design their own reports and run them at any time.
  • Security: The security of your data is paramount to PaySpan Health and WellCare. PaySpan Health has developed a rigid infrastructure to ensure data integrity and security.
  • Options for remittance viewing and receipt: There are a number of options for viewing and receiving remittance details. PaySpan will match your preference for remittance information, with the following options:
    • HIPAA-compliant data file that can be downloaded directly to your practice management or patient accounting system.
    • Electronic remittance advice presented online and printed in your location.

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Last Updated On: 9/8/2015
Wellcare will be performing maintenance on Saturday, April 20th, from 6 P.M. EDT to 8 A.M. EDT the next day. You might not be able to access systems or fax during this time. We are sorry for any issues this may cause. Thank you for your patience. If you need assistance, contact us.