“Accurate charges are the key factors in attaining clean claim submission goal!”
Medphine offers Payment posting and Electronic Remittance as a part of Revenue cycle management services and also acts as a standalone service depending on client’s requirement. Our team of experts has vast experience in handling a wide range of medical software such as clinical Works, GE Centricity, Care Cloud, Korea and many more.
Payment posting is yet another crucial process of billing that is laborious and time consuming. A practice might receive hundreds to thousands of EOBs or ERAs on a daily basis.These payments should be efficiently posted into the system so that the account receivables report shows prompt financial status of a practice at any given time.
Moreover, proper payment posting ensures that the balance is applied aptly. The complete AR cycle depends on the accuracy and timeliness of payment posting. Piles of EOBs in a practice can harm the revenue cycle dramatically.