Articles
Insurance Credit Card Payments: What are they?
Insurance Credit Card payments also referred to as Virtual Credit Cards (VCCs), are used by some payers to reimburse providers for services provided to insured patients. These credit cards are in place of a paper check, or EFT (electronic ...
Insurance Credit Card Payments: Do I have to accept it?
According to the statement linked below from the Centers for Medicare and Medicaid Services (CMS), no, you can request that the payer send the payment due via paper check or set up an electronic funds transfer (EFT). The payer must comp...
Insurance Credit Card Payments: How do I process it?
Suppose you receive a credit card (aka Virtual Credit Card) from a health insurance payer for reimbursement for services rendered to your patients. In that case, DrChrono has an easy way to post the payment and attach the associated ERA.
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Insurance Credit Card Payments: How do I attach an ERA?
You can attach the ERA file or the scanned EOB by clicking on + Attach ERA/EOB under Billing > Insurance Credit Card Payments.
You have two selections to retrieve the file to attach:
File Upload - If you...
Insurance Credit Cards: Can I refund or send back the money via the virtual card?
Suppose you receive a credit card (aka Virtual Credit Card) from a health insurance payer for reimbursement for services rendered to your patients. Now you need to refund the payment received. You can easily refund, to the virtual card, ...