Payment posting is a vital step in the revenue cycle medical billing process where payments from insurance companies and patients are recorded in the practice management system. Accurate and timely payment posting ensures that the financial records are up-to-date and reflects the true financial status of the healthcare practice. This step also involves reconciling payments with billed charges and identifying discrepancies. Efficient payment posting can help in promptly addressing denied or underpaid claims, improving cash flow, and maintaining financial transparency. Investing in automated payment posting systems can enhance accuracy and reduce administrative workload.
Address:
233 Clear River Pl, Cary, NC 27519
Phone Number:
+1 (214) 628-1717
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