Medical Group Management Association
Join Now

Tips on Automating your Revenue Cycle and Avoiding EFT Fees

Federal Policy Resource - November 18, 2020

Financial Management

Billing & Collections


Health Information Technology

As part of the Affordable Care Act of 2010 (ACA), health plans as of Jan. 1, 2014 are required to offer physician practices the option of receiving their payment via electronic funds transfer (EFT) using the established national standard. This standard is combined with a set of ACA-mandated EFT business conventions known as “operating rules.” In concert with the existing HIPAA standard for electronic remittance advice (ERA) and new ERA operating rules, also required by the ACA, these important components of the practice revenue cycle have been significantly streamlined.

However, as practices have transitioned away from paper checks to EFT in an effort to gain efficiencies, some health plans either charge a fee for EFT, or route their reimbursements through a third-party payment vendor, who then charge the practice a fee for this service.

This toolkit is designed to provide assistance to practices that are making the decision to move to EFT by offering action tips to push back against fees charged by health plans or their payment vendors.

Sign in to access this material

Member Login Become a Member

Shopping Cart

Your cart is empty

Click here if your organization is tax exempt

A State Sales tax exempt certificate must be on file and taxable items cannot be ordered online. For immediate assistance during normal business hours of 7:00am to 5:00pm MT M-Th and 7:00 am to Noon MT on Friday, please call toll-free: 877-275-6462, ext. 1888



Use two letter code for US states
Use three letter code for country
Use two letter code for US states
Use three letter code for country
Use two letter code for US states
Use three letter code for country

Grand Total:
Saved credit card is required for opt-in to autorenew.

Questions? Contact the MGMA Service Center for assistance during checkout or review our return policy for more information.




Thank you for your purchase! If you purchased an event, you will be receiving a follow-up email from our Learning Management System regarding the product/event purchased and no further action is required.