Payment Posting Services
Once the claims reach the carriers and they complete processing, they issue a check and prepare an Explanation of Benefits (EOB). With the EOB’s and the check copies and the deposit statement from the bank, the process of payment posting is done.
Payments are not only received from the insurance carriers but also from patients which are also posted during this process.
The following details from the EOB are keyed in: Patient Account Number / Patient Control Number, Patient Name, Date of Service, Procedure Code, Billed Amount , Allowed Amount, Adjusted Amount, Paid Amount, Deductibles and Denial Details.
How we offer our clients Payment Posting functionality:
- Daily Deposits balanced accurately
- Low Pay, No Pay reports sent to client on daily basis
- Denials are worked immediately and secondary claim reports are sent on daily basis.