We not only post ERAs but also match EFTs and daily deposit logs, and post manual EOBs. All this is done while managing the documentation scanned by banks, clients, and by third-party DOX hosting applications. We index and map these documents for further referencing and use, in case of follow-ups, appeals, and secondaries.
Our Payment posting services team are our bean counters diligently accounting for every line item and every cent of low payment or questionable adjustments. A lot of posting reconciliation staff are all accountants by academic qualification with a natural flair for matching, reconciliation and bookkeeping.
Our in-house developed “Payments Control” tool ensures that every payment, EOB, and or balance is tracked and squared off. Our automation projects and our BOTs ensure this is accomplished against daunting SLAs and within small time windows.
When done right, payment posting services will help identify revenue leakages before they impact your practice’s profitability and financial sustainability. Get it wrong, and you are faced with a severe cash flow crisis, wasted hours in claim follow-ups, irate patients, and potential complications in billing audits. With our efficient payment posting services , we help medical practices achieve a faster payment cycle and give practice owners a true insight into the practice’s financial status.
Partnering with Quintessence for your payment posting services offers an array of benefits, including an efficient workflow, advanced technology utilization, comprehensive reporting and financial visibility, adherence to compliance standards, and robust data security measures. Experience the advantages of our expertise and commitment to optimizing your revenue cycle, enabling you to focus on delivering quality patient care while we handle your payment posting with utmost precision and efficiency.
With Quintessence as your payment posting services partner, all payments received from payers and patients are accurately posted in your practice’s medical billing system. Our experienced team ensures that each payment is processed promptly and without errors.
We have expertise in processing both paper checks and electronic remittances, offering convenience and flexibility for your practice. Our payment posting services cover a wide range of payment methods, ensuring seamless integration into your billing system.
Quintessence performs daily reconciliation of payments received and posted in your medical billing software. This rigorous process ensures that no charge is missed or incorrectly posted, minimizing financial discrepancies and maximizing revenue potential.
Our payment posting services include timely redirection of denied claims to secondary payers. By swiftly managing claims and coordinating with secondary payers, we help ensure that patients are billed accurately, only for what is due from them.
Quintessence processes payment posting according to your specific guidelines. We take into account your write-offs and refund rules, ensuring compliance with your practice’s policies and financial goals.
Our team conducts regular denial analysis to identify non-payment issues and root causes of denials. We take proactive steps to rectify and reduce denials, optimizing your revenue cycle management and improving overall financial performance.
Quintessence ensures an efficient workflow for payment posting services, allowing for seamless integration with your existing medical billing system. Our well-defined processes and optimized workflows enable faster turnaround times, reducing delays and improving cash flow for your practice.
Leveraging advanced technology, including automation and proprietary tools, Quintessence enhances the accuracy and efficiency of payment posting. Our cutting-edge software and systems streamline the posting process, minimizing manual errors and maximizing productivity.
Quintessence provides comprehensive reporting and analytics for your payment posting activities. Our detailed reports offer valuable insights into payment trends, claim statuses, and financial performance. With access to real-time data, you can make informed decisions to optimize your revenue cycle and drive practice growth.
Partnering with Quintessence for payment posting services gives you enhanced financial visibility. Our meticulous payment reconciliation and tracking ensure that every transaction is accounted for accurately, providing you with a clear picture of your practice’s financial health. You can easily monitor revenue, identify trends, and make strategic financial decisions to maximize profitability.