Payment Posting

Precision, Accuracy, Speed: Trust Our Payment Posting Expertise

Get insights into
a Practice's Revenue

Payment posting is a critical step of the revenue cycle management of any solo practitioner or healthcare organization. It involves posting and deposit functions and reconciling posting activities with deposits. The payment posting process affects many other functions of the medical office and can have a major impact on patient satisfaction, efficiency, and overall financial performance.

Payment posting also provides insights into a practice’s daily revenue stream and helps the practice promptly catch potential issues and make corrections. It is your practice to be able to see daily insurance payments from EOBs, insurance checks from ERAs, patient payments, and more. And having an efficient payment posting system provides an efficient view of your day-to-day financial picture.

Stream RCM follows some ways of payment posting for efficient billing

We follow some ways of payment posting that can make your billing process more efficient and ultimately increase revenue:

EOB and ERA Posting
Reconcilement

Handling
Denials

Patient
Responsibility

Write-offs and
Adjustments

In-person
Collection Issues

The payment posting process involves the following steps

Patient payments

Processing of payments made by Patients via cash/cheque/credit cards for copays, deductible, or for non-covered services.

Insurance ERAs

Batch Processing of electronic remittance advisory (ERA), correction of any exceptions, and transfer of balance to the secondary insurer.

EOB-Processing Manual

Processing of payments made by insurance companies without ERA, and transfer of balance to the secondary insurer.

Denial Posting

Posting of denials and rebilling to the secondary insurance company, transferring the balance to the patient, write-off the amount, or sending the claim for processing.

Benefits of our payment posting process

  • High Quality
  • Responsiveness
  • Get an accurate understanding of the A/R cycle
  • Analytics
  • Exception processing.

We are located here

14430 Ocean Point, El Paso, TX 79938

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