Payment and Reconciliation
Incorrect payment posting affects the entire revenue cycle. If payment posting is incorrectly done by the team, the balance of the paid account still reflects in the system and the AR team spends unnecessary efforts and time on reimbursing the claims. Also, when the primary insurance payment is not posted perfectly, the chances are more that the secondary and the tertiary payers get the incorrect bill. Well performed payment posting can aid in identifying opportunities to improve revenue payments and find new trends for the practice. Payment posting has the potential to smoothen the practice and help for a seamless flow of revenue.
At Curemed Solutions, we offer a team of individuals with years of experience in payment posting services.