Save Time and Money While Going Paperless with Electronic Funds Transfer
Looking for ways to make practice administration more efficient? Receiving claim payments via electronic fund transfers, or EFT, instead of by paper check is one answer.
EFT is a method of instructing financial institutions to transfer money electronically from one bank account to another, eliminating the use of paper checks. The EFT program is free and easy to set up. Providers are paid faster, securely, and more efficiently because funds are deposited directly into your bank. End to end encryption of all information is used, helping to ensure safety and confidentiality.
The ADA has resources for dental professionals who need guidance on implementing or using EFT in their offices. Other information addressing the how, the why and the myths related to EFT is available in ADA's on-demand webinar on EFT, available at ADA.org/EFTwebinar.