Payment Posting
Your trust is our motivation. We ensure effective payment posting in the entire medical billing process. We understand that inaccurate posting can lead to financial losses. When payment posting is not done meticulously, a provider suffers as the payment for a specific claim goes missing, in spite of getting paid. But the question arises what payment posting service actually is?
Payment posting is the last advance in the billing cycle. Complete records are stacked in the charging programming and it is prepared for the subsequent stage in the RCM cycle. Our payment posting team enhances your RCM cycle by exact posting and compromise toward the finish of consistently. Compelling posting can go far in expanded income. They likewise deliver significant experiences into further developing steps in the RCM work process.
Why choose us?
Our effective payment posting service can add value to your RCM workflow. It not just keeps your in-house staff hassle-free but also aims at attaining higher accuracy. You can avail benefit from one or all of our services. Our services include:
- EOBs Analysis- It refers to the Explanation of Benefits Analysis. As huge volumes of payment postings are done on an ordinary premise, there is a requirement for investigation according to the boundaries needed in this progression. The data being entered is name, administration date, account numbers, codes, affirmation, disavowals, and protection-related data. Our team is capable of entering information as well as determine significant investigation on the receivables, the recurrence of inflow, any dissents or settlements.
- Tasks based on EOB analysis- When information is precisely recorded, we are fit for separating investigation and graphing the examples. This investigation of installment receivables helps us in conceiving an activity plan for the charging division. Patients are followed up to adjust installments and goes about as a helpful activity for assortments. Exceptional installments are regularly enormous amounts of cash and they play a significant part to play in your income stream.
- Tracking cash inflow- An ongoing dashboard for extraordinary receivables and income investigation is crucial in dealing with the financial feasibility of the business. It gives a sign when installment follow-up is postponed and requires brief activity. Payment Posting also required remittance transactions with precision. VO Healthcare can be your collaborative partner in the remittance procedures like ERA posting, Denial posting, and Manual payment posting.
Team VO Healthcare is here to provide round-the-clock assistance to you. You can contact us anytime to avail our absolutely amazing services. Hurry Up! Give us a chance to serve you.