More than a quarter of U.S. physicians are forced to pay fees to receive electronic payments, according to an August 2020 poll by the Medical Group Management Association. Not surprisingly, most of those physicians are not happy about it.
“It’s 2021,” said Amarillo family physician Rodney B. Young, MD, chair of the Texas Medical Association’s Council on Socioeconomics. “It is ridiculous to be charged to get paid electronically. Payers should not charge a fee to issue payments in any form.”
Physicians now have a place to explain how fees on electronic payments affect their practice. The American Medical Association and the Workgroup for Electronic Data Interchange (WEDI), a nonprofit health IT association, are conducting a survey about the impact certain types of fees have on physicians.
“The focus is not on the standard telecommunication or banking fees, but fees above and beyond the usual and customary telecommunication or banking fees” – such as those charged for receiving electronic remittance advice (ERA) via the X12 835 transaction, or payments made via electronic funds transfer (EFT) via the ACH Network, survey organizers said.
Find the survey online. It takes about 10 to 15 minutes to complete, and responses are anonymous.
Information from the survey will be shared with WEDI members and the Centers for Medicare & Medicaid Services, which is currently seeking data on this topic “to better understand the enhanced services being provided and additional fees associated with the industry’s use of the ERA and EFT transactions,” the website said. “This study will shine a bright light on these policies, and I encourage all Texas physicians to participate,” Dr. Young said.
The survey has not posted a cutoff date for receiving answers, but TMA encourages physicians to respond by mid-April to ensure their information is recorded.
Last Updated On
March 24, 2021