Provider Resources
Electronic Funds Transmission (EFT) / Electronic Remittance Advice (ERA)
How to Enroll Your Office for EFT/ERA
1. Providers can register and login to MagnaCare.com to enroll for EFT/ERA.
2. Include a voided check from the bank account in which you wish to deposit electronic payments.
3. Submit these documents to MagnaCare Provider Services in one of these three ways:
- By fax: 1-516-723-7397
- By email to: [email protected]
- Online Application
Basic Requirements for EFT/ERA
- A bank account in which to deposit the electronic funds.
- Your clearinghouse/software vendor must be able to accept the ERA file in the 835 HIPAA standard format. Please review MagnaCare Health Care Claim Payment/Remittance Advice (835) Companion Guide (533KB)
RULES for EFT/ERA
- EFT is accompanied by ERA.
- MagnaCare will issue ERA & EFT for claims that are administered by MagnaCare.
- EFT and ERA are supported at the Provider TIN level. All providers billing under that TIN will be enrolled in the EFT/ERA process.