Welcome to the Knowledge Mouse Online Quiz
Payment Hierarchy
| Questions |
Answers |
| Payment method that allows providers to receive instant access to their payments through their credit card merchant account. |
Elavon |
| Payment method that gives providers capability to receive payments via an online lockbox where they can download/print checks, convert checks to a virtual card, or sign up for ACH payment delivery. |
MPX |
| Slowest payment method and highest cost to ECHO. |
PaperDraft |
| An electronic fund transfer moves money from one account to another. |
EFT |
| Fastest form of payment issued by ECHO. |
Virtualcard |
| An Explanation of Provider Payment (EPP) is a statement sent to a provider explaining what medical treatments and/or services were paid for by the TPA or insurance carrier. |
EPP |
| A statement from a health insurance company providing details on payment for a medical service the member received. It explains what portion of services were paid for by the insurance plan and what part is the responsibility of the member. |
EOB |
| This is our branded card offering. |
QuicRemit |
| Maintains fax numbers for providers. |
ECHO |
| Maintains addresses |
Payer |
| Has a 1.99 percent fee associated with this service. |
Allpayer |
| This card offering defaults to mail. |
WhiteLabel |
