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Difference between Paper Check and EFT

December 04, 2019 By manu In Uncategorized
Electronically Fund Transfer vs Paper Check Because checks are paper documents, there are more steps in completing a check-based transaction. Unlike currency, checks are not money, but are legal instruments instructing the bank to take money out of the check writer’s, or the payer’s account and ...

Dialysis

November 07, 2019 By Admin In ABC WIKI
Dialysis Dialysis is the process uses an artificial kidney (hemodialyzer) to remove waste and extra fluid from the blood. The blood is removed from the body and filtered through the artificial kidney. The filtered blood is then returned to the body with the help of a dialysis machine. Dialysis can b...

ERA (Electronic Remittance Advice)

November 07, 2019 By Admin In ABC WIKI
ERA The Electronic Remittance Advice (ERA) is the electronic version of the Standard Paper Remit (SPR), which serves as a notice of payment and adjustments sent to providers, billers and suppliers. It explains the reimbursement decisions of the payer. An ERA is a standardized electronic version of a...

PECOS

November 07, 2019 By Admin In ABC WIKI
PECOS The Medicare Provider Enrollment, Chain, and Ownership System (PECOS) is an online provider and supplier enrollment system used to: Submit Medicare enrollment applications View and print enrollment information Update enrollment information Complete the enrollment revalidation process Withdraw ...

CAQH

November 07, 2019 By Admin In ABC WIKI
CAQH Proview                    CAQH Proview is an online database that stores healthcare provider information. Health care providers grant access to their information to health insurance companies through CAQH Proview rather than submitting medical ...

MIPS (Merit-based Incentive Payment System)

November 06, 2019 By Admin In ABC WIKI
MIPS The Merit-based Incentive Payment System (MIPS) is one of the two payment tracks created under MACRA; the other is the Advanced Alternative Payment Model (AAPM) track. MIPS adjusts payment based on performance in four performance categories: Quality (45%) – based on the Physician Quality Repo...