The Advantages of Electronic Transactions
The Administrative Efficiencies Initiative (AEI) is led by the ADA Council on Dental Benefit Programs. The goal of the AEI is to identify practical solutions for reducing the administrative overhead of dental practices, so that dentists can continue to focus their attention on patient care. As part of this initiative, the ADA frequently hosts administrative efficiencies summits in order to bring together representatives from varied sectors of the dental community, including dentists, dental benefit plans, dental service organizations, dental practice management system vendors, clearinghouses and financial institutions.
Administrative functions such as use of electronic funds transfer (EFT) for claims payments, obtaining complete and accurate eligibility and benefit verifications, coordination of benefits, deciphering the varying requirements for attachments on claim submissions, and the process of credentialing are examples of business processes that create burdens for many dentists and their practices.