A well-done payment posting process can help you identify opportunities to increase revenue by watching for daily trends within your practice. Because payment posting has such high potential to increase profits and smooth out the overall medical billing process, it is important to get a precise process in place. Payment posting is technically the first line of defense to identify the challenges, such as denials for medical necessity, non covered services and prior authorization issues. Here are some vital ways payment posting can make your billing process more efficient and ultimately increase revenue:
Our team of specialist are trained to identify these kinds of issues on early stages and addresses promptly which impacts your overall collection. Once the posting is done accurately, the payer is billed accordingly, and patients receive prompt and error-free statements.