Optum Electronic Payments and Statements (EPS) provides more payment options from more payers. That means practices can quickly reconcile claims payments, identify patient responsibility and speed up the revenue cycle.
There is significant cost savings available by enrolling in electronic claim payment delivery. Use this calculator to get an estimate of the dollars your organization could save by switching to either ACH (direct deposit) or Virtual Card Payments (VCP).
Use this calculator to get an idea of how many dollars your practice could save.
Disclaimer: The results provided are intended to help you compare potential costs of processing and posting claim payments via different payment methods. Estimated costs represent labor costs (e.g., salaries, wages, personnel benefits and related overhead costs) associated with electronic and manual transactions, as well as fees for Electronic Remittance Advice (ERA) distribution. Estimated processing costs for Virtual Card Payments additionally include Merchant processing fees. They are for informational purposes only, and are an estimate based on both the information you entered above and cost assumptions for processing paper and electronic payments estimated by health plans and providers participating in the 2017 CAQH Index, an independent third-party source. Your actual costs may vary from these assumptions based upon your individual circumstances.