Electronic Funds Transfer
EFT Requirements All Florida Medicaid providers, except for those listed below, must receive reimbursement by electronic funds transfer (EFT).
EFT Enrollment Process
To enroll for electronic funds transfer, the provider must:
1. Complete the Authorization Agreement for Electronic Funds Transfer (EFT).
2. Attach a letter from the bank on bank letterhead confirming ABA and account number information to the form and submit it with the enrollment package.
Note: An Electronic Funds Transfer form may be obtained from the Medicaid fiscal agent by calling ACS Provider Enrollment at 800-377-8216 or by downloading the form from the ACS Florida Medicaid Website
at http://floridamedicaid.acs-inc.com. Click on Provider Support, and then on Enrollment.
Provider Types Exempt from EFT
The following provider types have the option of declining electronic funds transfer or do not bill Medicaid directly:
• Adult Family Care Homes (AFCH)
• Aging and Adult Services Agency
• Assisted Living Facilities (ALF)
• Bureau of Blind Services
• Children’s Medical Services
• County Health Departments
• Developmental Services Agency
• Early Intervention Individual Providers (Group providers must use EFT)
• Licensed Practical Nurses that belong to a County Health Department,
Children’s Medical Services, or the Bureau of Blind Services
• Medical Foster Care
• Registered Nurses that belong to a County Health Department, Children’s
Medical Services, or the Bureau of Blind Services
• Residential Treatment Facilities (RTF)
• School Districts
• Social Worker / Case Manager
• Specialized Mental Health Practitioner (Group providers must use EFT)
• State Intermediate Care Facilities for the Developmentally Disabled
(ICF/DD)
• State Mental Health Hospitals
Individual Members of Group Provider
Since all of a group provider’s payments are processed through a single account, only the group provider needs to enroll in electronic funds transfer. The EFT form must be signed by the provider and the individuals authorized to sign the account, not by all the member providers.
For individual providers who are part of a group, the following electronic funds transfer requirements apply:
• If the provider does not submit claims as an individual provider, then he must submit an EFT Exception Request to the fiscal agent.
• If the provider submits claims as an individual provider, then he must submit an EFT enrollment form using his unique provider number to the fiscal agent.
Verifying EFT Information
The fiscal agent verifies the bank’s ABA routing and transit numbers and the provider’s account number with the provider’s bank. There is a 14-day (two payment cycle) test period with the provider’s bank to ensure a smooth operation. During the test period, providers will receive payment by mail.
EFT Payment Cycle
EFT payments are distributed on Thursday afternoon during a normal processing week. During weeks when there is a bank holiday, there may be a one-day delay in receipt of payment.
How to post EFT payment
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