Direct Deposit of Insurance Reimbursement

Electronic deposits from your insurance payer are set up directly between you and that payer, it's part of your contract with them. To get started, head to the insurance company's website and search for EFT (Electronic Funds Transfer).

A quick distinction worth knowing: EFT is separate from an ERA (Electronic Remittance Advice). An ERA is what automatically posts your payments in TherapyAppointment when your payer sends an electronic Explanation of Benefits (835 file). Two different things, similar acronym and easy to mix up.

If you've opted in to receive your EOBs as ERA/835 files, your payer will still pay you according to your contract, either by: