skip to content
Thank you for visiting First Coast Service Options' Medicare provider website. This website is intended exclusively for Medicare providers and health care industry professionals to find the latest Medicare news and information affecting the provider community.
To enable us to present you with customized content that focuses on your area of interest, please select your preferences below:
Select which best describes you:
Select your location:
Select your line of business:
This website provides information and news about the Medicare program for health care professionals only. All communication and issues regarding your Medicare benefits are handled directly by Medicare and not through this website. For the most comprehensive experience, we encourage you to visit or call 1-800-MEDICARE. In the event your provider fails to submit your Medicare claim, please view these resources for claim assistance.
En Español
Text Size:
Send a link to this page
[Multiple email adresses must be separated by a semicolon.]
Last Modified: 11/16/2020 Location: FL, PR, USVI Business: Part A, Part B


Q: If I already receive my Medicare payments electronically, do I have to submit a new electronic funds transfer (EFT) agreement (CMS-588) when I revalidate? What if I receive paper-based payments from Medicare (i.e., checks)?
A: All providers enrolling in Medicare must use electronic funds transfer (EFT) in order to receive payments. Moreover, any provider not currently on EFT that submits a revalidation application must also submit a Form CMS-588 and thereafter receive payments via EFT.
If you have submitted a new Electronic Funds Transfer (EFT) Authorization Form (CMS-588) after May, 2010, then you have the most recent version of the EFT form on file and a new EFT form is not required. If you have not submitted the 05/10, 09/13, or 01/17 version of the EFT form, then you must submit one with your revalidation application.
If you are submitting a paper application, the most current version of the CMS-588 (01/17) external pdf file can be found on the Centers for Medicare & Medicaid Services (CMS) website.
If you are submitting your revalidation application online via internet-based PECOS, the system includes a section for EFT and the separate form, CMS-588, is not necessary.
list item Please use your browser's back button to return to the referring page.
First Coast Service Options (First Coast) strives to ensure that the information available on our provider website is accurate, detailed, and current. Therefore, this is a dynamic site and its content changes daily. It is best to access the site to ensure you have the most current information rather than printing articles or forms that may become obsolete without notice.