Failure to navigate payment posting challenges slows down your practice’s revenue cycle. Our payment posting services are designed to accelerate the process, leading to higher financial transparency.
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Don’t know what payment posting is in medical billing? It is a crucial step in effective revenue cycle management. It includes accurate recording of all financial transactions against billed medical claims. From validating insurance remittances to patient payments, it encompasses everything. It helps ensure you collect and apply every dollar to outstanding bills without error.
Undoubtedly, payment posting is foundational for cash flow acceleration. It prevents discrepancies, eliminates errors, and provides actionable insights into a healthcare practice’s financial performance. Besides, it protects the practice from unnecessary denials, payment delays, and strained revenue cycles. At NeuraBill, we offer comprehensive payment posting services, so you can achieve faster and more accurate revenue cycle management.
You should partner with our experts for ERA posting services if your goal is to streamline your billing operations. Our team strives to extract and capture every payment detail from ERAs. These include patient balances, denials, and adjustments. Thus, you optimize your practice’s revenue cycle by leveraging this automated efficiency.
Outsource insurance payment posting to our specialists at NeuraBill if you want hassle-free processing of all payer payments declared via EOBs or other non-ERA methods. Our team matches each payment against the relevant submitted claim. Thus, you ensure accurate financial records and optimized insurance reimbursements.
Are you tired of high denial rates and want a solution that can transform the denial management process with timely and accurate posting? If yes, this service is for you! It covers the recording of every claim denial with the exact cause for non-payment.
At NeuraBill, our experts have designed a payment posting solution that accurately covers deductibles, copays, and self-pay amounts. The outcome? Our dedicated team ensures error-free processing of all patient payments, preventing revenue loss due to incorrect or untimely transaction records.
Are you unsure why to outsource payment posting to professionals like NeuraBill? It not only offloads your staff from administrative burden but also proves to be a strategic move, offering significant benefits. It ensures precision in every transaction that translates into minimized errors and accelerated cash flow.
So, we ask again! Do you want to eliminate financial discrepancies, optimize the revenue cycle, reduce denial occurrences, and ensure transparency? If your answer is affirmative to any or all of these, partner with NeuraBill for results-driven payment posting services. You can reap exceptional benefits by outsourcing this tedious, yet highly critical, administrative task to us.
Our experts help slash operational costs and improve cash flow by ensuring accurate payment posting.
Leverage our highly trained team's deep knowledge in payment posting without hiring in-house staff.
Never worry about triggering audits due to non-compliance and errors in ERAs/EOBs posting with NeuraBill.
Ensure timely posting of payment and denial remittance, as we offer uninterrupted assistance 24/7.
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We have designed our payment posting process to manage all financial transactions. It accurately collects, verifies, and posts payments, recording adjustments and denials. Besides, we proactively update patient accounts. It results in a clear financial overview and optimized revenue cycle.
Healthcare facilities struggle with a high error rate due to the manual processing of payments. At NeuraBill, we leverage advanced software to automate the processing and posting of ERAs/EOBs. As a result, you can reduce overdue payments and free your staff from paperwork to focus on patient care.
Paper-based manual processes unnecessarily lengthen payment and revenue cycles. It leads to increased operational costs and patient dissatisfaction. We accelerate your cash flow with automation, streamlining the overall payment posting process and offering transparency into your financial standing.
Manual payment posting methods are often unprotected and vulnerable to fraud and financial malpractice. At NeuraBill, we have integrated multi-layered encryption and fraud prevention technologies to stay above this challenge. It translates into completely trustworthy and secure transactions.
Paper-based manual processes create unnecessary delays and long payment cycles. But you can change all that by outsourcing payment posting services to NeuraBill. Our team leverages advanced automation technology. It helps us optimize payment cycles, ensuring a smooth financial experience.
Non-compliance with complex healthcare regulations, such as HIPAA, results in audits, fines, and reputational damage. Our payment posting team employs robust data security protocols to safeguard patients’ protected health information (PHI). As a result, you enjoy 100% HIPAA-compliant services.
Reconciliation is not only about posting ERAs/EOBs. It is beyond that. Failure to meet strict deadlines with high transaction volumes will lead to inaccurate financial reporting and missed adjustments. When you outsource payment posting to us, our team guarantees seamless and timely reconciliation.
When you sign up for NeuraBill’s payment posting services, we assign a dedicated account manager to you. The outcome? Uninterrupted 24/7 support, ensuring timely account reconciliation, leading to higher transparency. You no longer have to struggle to match the logged payments from different sources against the medical bills manually.
Whether you have a healthcare facility in Alaska or Arizona, we have got you covered! Our payment posting team stays current on the diverse local regulatory requirements of each state in the USA. That’s what makes us the best choice across all 50 states, and not just for payment posting services, but for other solutions as well. So, what are you waiting for? Schedule a call with our representative to discuss how we can help you thrive!
Payment posting in medical billing is the process of recording and reconciling payments received from payers and patients.
A seamless payment posting workflow offers healthcare organizations a clear picture of their financial standing. As a result, you identify ways to improve your cash flow and reduce denials, leading to a healthier and transparent revenue cycle
At NeuraBill, our payment posting team ensures accuracy through a multi-layer approach. How is it done? By leveraging cutting-edge software to process all EOBs and ERAs for precise data entry and reconciliation. That's not all, we employ robust quality checks, including manual review processes and automated verification. As a result, we achieve exact matching of payments to claims, ultimately ensuring reliable and up-to-date accounts receivable for our partnered practices.
Yes, we handle both electronic and manual EOBs/ERAs.
Yes, our payment posting services seamlessly integrate with your current EHR system.
Once clients share ERA or EOBs, our team processes and posts ERAs within 24 hours and EOBs within 48 hours. The turnaround time remains the same whether it is payment remittance or denial remittance.
