Payment Processing and Posting

Payment Processing and Posting


Role of payment posting team is to ensure frequent payment posting to the patients without facing denials.

EOB (Explanation of benefits), correspondence, ERA (Electronic remittance advice) received from the insurance will be posted to concerned patient claims.

Denials and payments are captured by the posting team with EOB or correspondence receivables from insurance companies.

It’s important for the posting team to match the bulk payment receivables in order to tally with the cheque amount.

With the reference to the payment posted to the practice accounts including patient and insurance revenue will be calculated.

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