Electronic Funds Transfer
MHN has further streamlined our business processes to improve claims procedures. In addition to Electronic Remittance Advice (ERA) already available through our clearing house Emdeon, providers can now register to receive Electronic Funds Transfer (EFT) from MHN.
EFT automates the distribution of funds into provider's accounts using Automated Clearinghouse (ACH) processing. EFT is the electronic mechanism used to instruct Depository Financial Institutions (DFIs) to move money from one account to another. Many formats are available for the actual data in the electronic message, and different formats apply at each stage. EFT is safe, secure, efficient, and less expensive than paper check payments and collections. Throughout the process the security and privacy of your data will be maintained. To read more about how we protect your data visit our Privacy Policy page.
Note that enrolling in EFT with MHN does not also enroll you in EFT with Health Net.
Please be sure to contact MHN directly regarding any claims adjudication issues regardless of submission method.