Efficient Payment Posting How Velan Healthcare Optimizes Your Payment Posting Process for Maximum Revenue?
Elevate your revenue cycle management with Velan Healthcare's comprehensive payment posting solutions. Our team meticulously handles payment entries, reconciliations, and adjustments, optimizing cash flow for your practice. We specialize in managing diverse payment methods, including insurance payments, patient payments, and third-party reimbursements. Trust us to navigate the complexities of payment posting while adhering to local regulations and industry standards. Boost your practice's financial health with Velan Healthcare's Payment Posting Medical Billing services today.
Why Simplify Payment Posting? How Can Our Payment Posting Service Streamline Your Billing Process
Are you facing difficulties when it comes to accurately posting payments? Do you find it challenging to consistently match received payments with your patients' medical invoices? Our payment posting process in healthcare industries are designed to reduce errors in payment recording and streamline your billing procedures.
Address Persistent Challenges
Utilizing payment posting, we proactively detect issues that could develop into recurring problems, safeguarding the efficiency of your revenue cycle.
Reduce Denials
With our best payment posting solution, we monitor rejected claims closely, informing the denial management team promptly for swift resolution.
Expedite Secondary Payments
We expedite the creation and submission of secondary payment accountabilities, empowering your AR team to swiftly recover outstanding balances..
Streamline EOB & ERA Posting
Our payment posting services facilitate the seamless matching of EOBs and ERAs with payments, ensuring the accuracy of your financial reports.
Proficiency in Payment Posting Applications
Having proficiency in various payment posting applications, we assist in selecting and utilizing the most suitable one for your requirements.
Enhance RCM Management
Our services provide an overview of incoming cash and outstanding balances, empowering to optimize revenue cycle management process for improved efficiency.
Precision, Promptness, & Adherence What Defines Our Approach To Payment Posting In Medical Billing?
Efficiently handle patient payments, insurance postings, and denial postings with Velan Healthcare's expert billing services.
Patient Payments
We manage a spectrum of patient payments received at the point of service, encompassing various modes such as cash, checks, or credit cards. These payments may pertain to co-pays, deductibles, or services not covered by insurance.
Insurance Posting
For high-volume Electronic Remittance Advisories (ERAs) received from payers, we employ a systematic batch processing approach. Clients often entrust us with scanned Explanation of Benefits (EOBs), which we diligently process through secure FTPs or their Electronic Health Record (EHR) systems.
Denial Posting
Claim denials play a pivotal role in understanding the accounts receivable (A/R) cycle accurately. Use our expertise; we comprehend the problems of both ANSI standard denial codes and payer-specific codes for most providers.
Unlock Accuracy with Our Medical Billing Payment Reconciliation Solutions! Ready to Streamline Your Processes?
Why Choose Us? Choosing The Right Payment Posting Outsourcing Partner
Comprehensive Payment Posting Solutions
Efficiently manage all aspects of payment posting, including patient payments, insurance posting, and denial posting.
Accuracy & Precision
Ensure accurate recording and reconciliation of payments, minimizing errors and maximizing revenue.
Timely Processing
Expedite the processing of payments to ensure timely posting and minimize delays in revenue recognition.
Expertise in Denial Management
Navigate complex denial codes and efficiently handle claim denials to reduce accounts receivable and optimize cash flow.
Seamless Integration
Seamlessly integrate payment posting services with existing billing systems and workflows for streamlined operations.
Dedicated Support
Receive personalized support from a team of experienced professionals dedicated to meeting your payment posting needs.
Compliance & Security
Adhere to industry regulations and best practices to maintain data security and compliance with HIPAA standards.
Customized Solutions
Tailor payment posting solutions to your specific requirements and preferences, ensuring a customized approach to meet your needs.
Why Choose Efficient Posting? How Does Velan Healthcare Measure Success?
Explore Our Services
- Seamless Balance Transfers.
- Convenient Payment Posting.
- Timely Secondary Payer Claims.
- Denial Handling Solutions.
- Write-Off & Adjustment Policies.
- Payment Analysis Reports.
Benefits of Choosing Us
- 97% Accuracy Assurance.
- Every Business Hours Responsive Support.
- Swift 24-48 Hours Turnaround.
- Proactive Revenue Reviews.
- Expert Denial Processing.
- Dashboard Reporting Access.
The Assurance We Give
- Accurate Information Entry.
- Correct Payment Posting.
- Daily Reconciliation.
- Sub-9 Hour Tat.
- Era, Manual, Denial Posting
Collaboration.
Why Outsource Payment Posting Services? What To Consider For Medical Billing Payment Reconciliation?
Posting EfficiencyQuick and accurate entry.
ReconciliationTimely matching of payments.
Insurance VerificationCross-checking with insurance records.
Patient InvoicingLinking payments to invoices
Denials ResolutionResolving discrepancies promptly.
Compliance TrackingMonitoring adherence to billing regulations.
Revenue AlignmentAligning payments with revenue streams.
System IntegrationSeamlessly integrating with billing systems.
Performance AnalyticsAnalyzing payment trends for insights.
Ensuring Compliance with Regulation Certifications & Compliance For Medical Payment Posting
How can we help you with our Payment Posting Medical Billing Services in the USA?