Successfully Providing Business Solution from 20 years

Payment Posting

Posting the payment made by the insurance company against the claim into the account of the patient is called Payment posting. This is a very crucial step and has a great impact on the entire medical billing process. 

 

Bristol Healthcare Services offers an effective Payment posting service that does not limit itself with posting the payment in the patients’ account, but also providing valuable insights that help to elevate the quality of the medical billing process. We also ensure that the payments are posted into the patients’ account within 24 hours.

Our Payment Posting Services

We understand that different insurance companies follow different remittance methodologies. So we offer the following services to ensure all types of payments are successfully posted.

Manual Payment Posting

The scanned images of the Explanation of Benefits form has all the information of the patient. Our staffs carefully analyze the EOB form and manually enter each line of the form into the patients’ accounts.

Electronic Remittance Advisory (ERA) Posting

This is the most commonly used method to process payments in large volumes. We have the required expertise and resources with us to do this process efficiently.

Denial Posting

If only a part of the payment is made, we will post the part payment into the patients’ account. Once the partial payment is posted, we will re-submit the claim with the necessary corrections to get it processed.

Benefit Of Our Payment Posting Services

Same Day Posting

Same Day Posting

Denial Management

Denial Management

Advanced Analytics

Advanced Analytics

Improved Efficiency

Improved Efficiency

Lesser Turnaround time

Lesser Turnaround time

Increase in Patient Satisfaction

Increase in Patient Satisfaction

The Process We Follow

We follow a 3 step process to ensure that all the payments are posted into the patients’ account on time.

 

Be it scanned or electronic copy of the EOB, our team will get in touch with the insurance company and get the documents required to complete the payment posting process.

 

 

In case of no-pay or partial payment from the payer, we will post it in the account of the patient. We will also do a follow-up with the insurance company and do the required corrections in the claim. Once the corrections are made, we will re-submit and ensure it processed by the payer.

After getting the EOB form reflecting the complete payment of the claim, we will post it into the account of the patient and generate a statement that shows all the details of their account.