EOB and Payment Posting

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EOB and Payment Posting

Payment Posting in Medical Billing is a process wherein the payments are logged into the system. This provides us an overview of the entire payment details and help us understand the collections through various payers. Efficient payment posting means practices account for all services provided, accurately submit claims to insurance providers, review information from insurers regarding claims, and coordinate claim payment posting and reconciliation with patient payments on a timely basis. Paper EOB’s and Payment posting is a manual process and have a high risk of human error. Our expert team will do ERA and EFT setup for the provider So that we can get the payment electronically and instantly Once it release from the insurance company.