Friday, November 16, 2007

United HealthCare Now Enrolling Providers for EPS

The most interesting thing I learned this week is that United Healthcare uses Electronic Payments & Statement (EPS). Since naturally a lot of people do not believe pay money through internet or other electronic system, I have searched couple of articles about this system. “United HealthCare Now Enrolling Providers for EPS” is the most interesting one. Electronic Payments and Statements (EPS) is a practical solution to provide delivery of electronic claims payments and remittance advice information. Hospitals, laboratories, physicians and other health care professionals receive and reconcile thousands of claims payments and paper. Explanation of Benefits (EOBs) each year, creating countless stacks of checks and paperwork, resulting in hours of staff time spent on manual processing and reconciliation. EPS allows for easier reconciliation, less paperwork and greater efficiency. Since United HealthCare has some problem about their claim processing, they do need a better system to improve their service to their clients. I agree about this article, because I can see they want to enhance efficiency. This article is good for suppliers and the companies who are focusing in producing EPS system.
Reference: https://www.navinetclaims.com/content.html?story=UHC-EPS.story

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