Payment Posting Services

Payment posting is the process of recording insurance and patient payments to patient accounts. It involves posting Electronic Remittance Advices (ERAs), Explanation of Benefits (EOBs), and patient payments, reconciling payments with claims, and identifying denials or underpayments for follow-up. MedLink Analytics provides comprehensive payment posting services.

Accurate payment posting is crucial for maintaining clean accounts receivable, identifying underpayments, preventing revenue loss, and ensuring accurate financial reporting. Proper payment posting helps practices track their revenue cycle performance and identify issues early. MedLink Analytics ensures 99%+ posting accuracy.

Payment posting costs vary based on volume, complexity, and services needed. Per-claim posting costs range from $1-$5, while comprehensive posting services start at $500-$2,000 monthly. MedLink Analytics provides custom quotes based on your practice needs with transparent pricing.

ERA (Electronic Remittance Advice) posting is the automated processing of electronic payment files from insurance companies. ERA posting is faster and more accurate than manual posting, reducing errors and improving efficiency. MedLink Analytics provides professional ERA posting services with 24-48 hour turnaround.

ERA (Electronic Remittance Advice) is an electronic payment file that can be automatically posted to patient accounts. EOB (Explanation of Benefits) is a paper document that requires manual posting. MedLink Analytics provides both ERA and EOB posting services to handle all payment types.

Payment posting is a critical component of revenue cycle management. Accurate posting ensures payments are correctly applied, denials are identified, and accounts receivable remain clean. MedLink Analytics provides payment posting services that optimize your entire revenue cycle and maximize revenue recovery.

Denied claims are identified during payment posting and flagged for follow-up. This may include appeals, corrections, or resubmission. MedLink Analytics provides denial management as part of our comprehensive payment posting services to ensure maximum revenue recovery.

Yes, payment posting can identify underpayments by comparing expected reimbursement against actual payments received. Underpayments are flagged for recovery. MedLink Analytics provides underpayment identification and recovery services to maximize your revenue.

Patient payments are posted to accounts with accurate allocation to charges, co-pays, deductibles, and coinsurance. MedLink Analytics provides comprehensive patient payment posting services including payment processing and reconciliation for all patient payment types.

MedLink Analytics provides comprehensive reporting including payment summaries, denial reports, underpayment identification, aging reports, and reconciliation statements. Our reporting gives you full visibility into your revenue cycle performance and payment trends.