by Lori | Apr 4, 2011 | Medicare payment basics
Electronic Funds Transfer (EFT) Electronic Funds Transfer allows the transfer of Medicare payments directly from Medicare to a provider’s bank account. Medicare regulations require payments be received through electronic funds transfer (EFT) for providers newly...
by Lori | Oct 2, 2010 | Medicare payment basics
Electronic Funds Transfer Electronic Funds Transfer (EFT): With EFT, Medicare can send payments directly to a provider’s financial institution whether claims are filed electronically or on paper. All Medicare providers may apply for EFT. Advantages of Electronic...
