Payment Posting
Ensuring Accuracy and Maximizing Revenue
At Protouch Medical Billing, our payment posting services are a critical part of your revenue cycle management. We ensure that all payments—whether from insurance companies, patients, or third parties—are accurately posted to your billing system. This gives your practice real-time insights into financial performance and ensures no revenue is left on the table.
Know MoreWhat We Do
Comprehensive Payment Posting:
We meticulously record and reconcile payments, whether they come from Electronic Remittance Advice (ERA), Explanation of Benefits (EOB), or patient payments. By ensuring that every payment aligns with the correct account and service, we maintain financial clarity and prevent revenue leakage.
Manual & Auto Posting Options:
Our team offers both manual and automated payment posting, leveraging advanced software to accelerate the billing process and minimize errors.
Denial Management:
We don't just post payments—we actively manage denied claims. Our team quickly identifies reasons for denials, ensures they are correctly logged, and works on correcting or resubmitting claims for quicker resolution.
Why Accurate Payment Posting Matters
Revenue Cycle Optimization:
Precise payment posting is crucial for maintaining the financial health of your practice. It helps you identify trends, detect inconsistencies, and ensure that all payments are recorded accurately, facilitating faster revenue collection.
Timely Reimbursements:
By posting payments promptly and accurately, we prevent delays in cash flow and ensure that all claims are processed on time. This keeps your revenue stream flowing smoothly and minimizes disruptions in financial operations.
Error Prevention:
Errors in payment posting can have a ripple effect throughout the revenue cycle. Our detailed approach to posting catches discrepancies early, allowing for immediate corrections and preventing future claims from being denied.
The Protouch Advantage
Real-Time Financial Monitoring:
Our services provide you with daily insights into your financial performance, helping you make informed decisions that improve cash flow and practice management.
Claim Denial Reduction
We work proactively to catch claim errors before they lead to denials, saving your practice time and preventing lost revenue.
Enhanced Efficiency:
By automating portions of the payment posting process, we help your practice reduce administrative burdens and free up more time for patient care.