Overview

Payment posting marks the end of the billing cycle, where the payment records of every patient are recorded in the billing management software. It also spawns other processes which need continuous attention like denials, underpayments or credit balance/variances.

Payment posting service isn't merely about data entry; it's a crucial barometer gauging the health of your revenue cycle. Therefore, entrusting this task to a highly efficient workforce becomes imperative,

Our dedicated team at 3AG ensures precise and punctual payment posting support for your organization.

Our approach includes leveraging real-time analytical tools that aid in reconciling payment reports accurately. These tools & our team's expertise enable us to identify discrepancies, track payment trends, and promptly address any issues/denials, ensuring that our partners receive payments in a timely manner and maximizing revenue cycle efficiency.

On an average, more than 20% of the medical payments today are keyboarded manually due to the inability of payers to provide an electronic remittance advice (835/ERA) back to the providers. This in turn costs providers a lot of time and resources while forcing them to re-enter payments manually. This process of payment posting is very crucial and needs extreme caution, as any wrong posting can result in inaccurate accounting, further causing problems down the line.

Simplify all your payment posting challenges with one solution: 3AG's Expert Payment Posting Team.

Once we establish the payment receivable patterns, we immediately send out the necessary action chart to the respective billing departments to take necessary measures to increase the inflows. For instance, if there is a difference between the allowed amount and the payment amount, or if there's a denial on the claim - Our dedicated departments ensure that proper steps are taken to ensure appropriate reimbursement is provided for claims submitted.