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MedicaidAdministrativeMedium impact

Provider Notification - Updates to Our Payment Schedule

Aetna Better Health of Virginia·VA·Reimbursement
Effective date
May 15, 2025
We identified it
Aug 13, 2026
Days to comply

Summary

Aetna Better Health of Virginia is consolidating its payment schedule to process all provider payments daily (including FQHCs, which previously received daily payments, and all other providers, which previously received payments on Monday/Wednesday/Friday). Each daily payment will include claims processed in the last 24 hours, effective mid-May 2025.

Action Required

Action needed
By mid-May 2025: Billing team should update payment reconciliation workflows and cash posting procedures to expect daily payments from Aetna Better Health of Virginia instead of the previous Monday/Wednesday/Friday schedule for non-FQHC providers. Update accounts receivable systems and banking reconciliation processes to accommodate daily payment deposits. No changes to billing submission or coding required. Contact Provider Relations at 1-800-279-1878 (TTY: 711) with questions regarding payment timing or reconciliation procedures.