Payment Posting

Payment posting refers to the viewing of the Payment and the financial picture of medical practice. It also refers to the logging of Payment into the medical billing software. It provides a view on insurance Payment in EOBs, Payment from patients, and insurance checks from ERAs. Getting an overview of the financials is essential in determining revenue leaks and solve it immediately. Having medical billing process issues are expected since the process involves several steps and a large number of claims that are processed daily. That's why paying attention to the whole process can greatly reduce the issues. If your team does their job well, your payment posters will be diligent about uncovering trends behind denials for medical necessity, non-covered services, and prior authorizations. And they should move any issues up the chain to be handled with other members of the coding and billing team.