Cash Posting (Manual & Electronic)
Cash posting or Payment posting, is an crucial part of generating revenue for companies. Because cash posting directly impacts performance quality, consistent serious errors may lead to significant loss of profit.
At Elite Medical Billing Services, our Biling experts address possible issues in the revenue cycle to resolve them to increase income.
We will work with your company to ensure that you get the maximum revenue from the most streamlined and efficient processes possible.
- Paper EOBs(Explanation of Beneefits) can be scanned and emailed, whereas ERAs will be retrieved directly from the application.
- Payment details are posted into the practice management application using the secure ID and password provided through remote desktop connection.
- Denial codes and special scenarios are briefly mentioned in system notes for denial follow up.
- Patient’s responsibility is applied to patient’s account, or the balance is billed to secondary or other payer as applicable.
- QA team tallies the total payment details for the date and ensures all the figures are precise and 100% accurate.