Payment Posting
Payment posting is applying of Insurance Payments to a claim and allocating it by procedure code in the Practice Management Software. It also includes processing of denials and insurance contractual adjustments to match the Explanation of Benefits (EOBs). Not to forget attaching of the EOB into the Patient’s account for easy retrieval in the future.
An Overburdened Staff is a Practice that Isn’t Growing
When your staff handles payment posting, they’re responsible for identifying a patient’s account, the procedure code, the billed amount, paid amount, allowed amount, write-off amount, and more. It’s time consuming, and isn’t always done correctly.
If it’s time to consider outsourcing your payment posting, consider Medusind.
"With Medusind, Eligibility and Benefit verifications are getting done on time which frees up our office staff to interact with patients. And when we need a provider credentialed, they jump on it immediately whether it's for the medical or dental side of our group."
Jenn Hock Director of Billing