EOB or ERA—do you know the difference

EOB or ERA—do you know the difference? 💡

An EOB (Explanation of Benefits) is the paper or PDF summary sent by an insurance company explaining how a claim was processed.

An ERA (Electronic Remittance Advice) contains the same payment information, but in a digital format that can help practices post payments faster and reduce manual processing. Many offices find that using ERAs significantly streamlines payment posting compared to paper EOBs.

Still relying on paper EOBs? At HiveSync VA, we process ERAs promptly to help keep your revenue cycle moving and your accounts up to date.

📅 Book a discovery call through our website.

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