Our Payment Posting Expertise Sets Us Apart
At Doctor Papers, our expertise in payment posting distinguishes us. With a seasoned team, we ensure precise and efficient handling of financial transactions. Trust us to optimize your revenue cycle, streamline workflows, and navigate ERA and EOB processing seamlessly. Choose Doctor Papers for standout payment posting services that prioritize your financial success
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Understanding Explanation Of Benefits (EOBs)
In the EOB, we look at various details like patient names, account numbers, service dates, procedure codes, denials, deductibles, and co-insurances. Our payment posting team inputs these details and simultaneously examines the data to find relevant information, such as the percentage of insurance receivables, frequency of payments, denials, etc., ensuring accurate record-keeping.
Managing EOB Insights
Our approach involves analyzing EOB data, allowing us to guide billing departments effectively. Patients are kept in the loop regarding any remaining balances, promoting transparent communication. This patient-friendly process not only ensures ease of payment but also contributes to a seamless and hassle-free billing experience.
Monitoring Cash Inflow
Our dedicated team at Doctor Papers prioritizes transparency by closely monitoring pending receivables and real-time cash flow status. This approach ensures that we are always well-informed about the pace of incoming cash. In the event of unforeseen reductions in cash flow, our proactive measures guarantee timely actions to maintain financial stability and address any challenges promptly. Trust us for vigilant financial management that keeps your business resilient in dynamic circumstances.
Discover our proficiency in denial management services by requesting the demo. Our team of specialists will promptly reach out to provide you with more information.
Proven Excellence In ERA And EOB Handling
Electronic Remittance Advisory (ERA)
Dealing with a large number of electronic payment alerts from insurers, we organize them in batches by adding them to our client’s system. In each batch, we carefully check for any errors, making corrections, and ensure the total amounts are accurate.
Manual Processing
Our partners frequently share scanned EOBs with us. We securely access each batch through FTPs or the EHR system, handling adjustments, write-offs, and transferring balances to secondary insurance or patients based on their specific business guidelines.
Denial Posting
Understanding and managing claim denials is vital for a transparent billing cycle. We decode denial codes, record in the system, and take necessary actions, such as re-billing, transferring balances, or writing off amounts.