Payment Posting
Service Overview
Our Payment Posting service provides an exact, detailed financial reconciliation workflow designed to track every dollar entering your practice and keep your patient ledgers current. This service includes Electronic Remittance Advice (ERA) processing, manual Explanation of Benefits (EOB) entry, write-off auditing, contractual adjustment tracking, and balance transfers. With meticulous ledger balancing and daily reconciliation, we give you total visibility into your true operational cash flow.
What’s Included
- ERA Auto-Posting
Automated posting of Electronic Remittance Advices directly into your practice management software for fast processing.
- Manual EOB Entry
Precise manual entry of paper checks, Explanation of Benefits forms, and non-electronic payer payments.
- Patient Payment Reconciliation
Accurate posting of co-pays, deductibles, self-pays, and credit card payments collected at the front desk or online.
- Contractual Adjustments
Auditing allowed amounts against insurance fee schedules to ensure correct contractual write-offs are applied.
- Balance Transfer Automation
Immediate transfer of remaining unpaid balances to secondary insurance or directly to patient financial accounts.
- Denial Identification
Swift identification and tagging of unpaid or zero-paid line items for immediate routing to denial management.
- Daily Batch Balancing
Rigorous daily reconciliation matching posted bank deposits with practice management software payment totals.
- Credit Balance Resolution
Tracking and processing patient or payer overpayments to facilitate timely refunds and maintain clean ledgers.
Ideal For
Healthcare practices seeking transparent revenue tracking, error-free patient ledgers, and immediate identification of payment underpayments or claim denials.
- Practices seeking daily financial reconciliation and up-to-date account balances
- Clinics struggling with posting backlogs and delayed patient statement billing
- Providers needing strict audits on payer write-offs and contractual fee schedules
- Practices aiming for absolute accuracy in practice performance reporting
Why It Matters
Rapid and accurate payment posting is essential for maintaining accurate financial records and identifying revenue leaks. By recording payouts, adjustments, and denials immediately, our team ensures your billing workflow moves smoothly, enabling prompt patient statements and fast recovery of underpaid claims.