Electronic Funds Transfer (EFT) offers you a secure, efficient process for electronically depositing claims payment (including capitation and incentive payments, where applicable) into your designated bank account. Taking advantage of EFT also means you can reduce administrative expenses while accessing online Electronic Remittance Advice (ERA) via a PDF formatted remittance advice, or through the HIPAA 835 transaction that can be used to auto-post into your accounts receivable without manual intervention.
Enrollment in Electronic Funds Transfer (EFT) – First Time Users
To enroll in EFT, you will first have to register with our business partner PaySpan Health. If you are a first time user with PaySpan, you will need a registration code before you can complete the registration process. You can request a registration code in one of the following 3 ways:
Once you have received your registration code, you can register by visiting www.payspanhealth.com and using your NPI, Tax ID and Billing ZIP Code. The process will require you to:
- Provide your personal information
- Setup your banking information
- Confirm your PaySpan account for electronic payments
If you need additional assistance, contact a PaySpan Health Provider Service Specialist by phone 1-877-431-2273 or email.
Enrollment in Electronic Funds Transfer (EFT) – Existing PaySpan Users
If you have already registered with PaySpan Health, you may add L.A. Care as a new payer by following these simple steps:
- Login into your existing account at PaySpan
- Request a new registration code
- PaySpan Health will send you an automated email with your new registration code
- Once you receive your registration code, go to www.payspanhealth.com
- Select “Your Payments”
- Select “Add New Reg Code”
- Enter the Registration Code
- Provider Identification Number
- Tax Identification Number
- National Provider Identifier
- Begin Registration
If you need additional assistance, contact a PaySpan Health Provider Service Specialist by phone 1-877-431-2273 or email.
Additional Information You Need To Know
- It is important to note that if you have multiple Provider ID’s, you will need to register all your provider Ids separately to ensure all your payments are sent electronically
- EFT payments are typically deposited into your specified bank account within three business days following the claim date of process. This means that for any claims that complete processing day one (e.g. 3/1/17), an electronic remittance is available day two (3/2/17), and the electronic funds transfer will typically be deposited in your bank account on day three (3/3/17).
- Electronic Funds Transfer checks have a different number sequence than your current paper checks
- The daily electronic remittance file will be your office's notification of the payment that is posted to the account. Additional notification of checks and amounts received into the accounts should come from your bank. Contact your bank for their notification procedures.