What is a electronic remittance notice?

An electronic remittance notice (ERN) is a digital document that provides detailed information about payments made to a provider or vendor, typically in the context of healthcare or business transactions. It includes payment amounts, patient or account identifiers, and explanations for any adjustments or denials. ERNs streamline the payment process, enhance accuracy, and reduce paperwork by allowing for electronic transmission and storage of payment details. This facilitates faster reconciliation and improves overall financial management for organizations.