+1 510 730 3112
Ahmedabad, Gujarat India
Posting payments is essential to your practice's financial stability. Posting payments for medical bills includes not only the posting of payments but also of modifications and denials. Your account receivables will suffer if you fall delayed on posting payments or if the posting is done improperly.
Do you have 'inflated' AR as a result of unposted charges? Do you have stacks of paper EOBs that have been left undone for months on your desk? Years, maybe? Medical billing payment posting can be time-consuming, but we can assist you in organising it and updating your AR.
Within 24 to 48 hours, insurance payments are posted to patient accounts from EOBs into the client's software systems.
This data needs to be posted to a patient's account as soon as possible, regardless of whether your office has electronic lockboxes or receives hundreds or thousands of EOBs via mail each week. If not, inaccurate reconciliation will occur.
EFTs, or electronic fund transfers, or paper checks can be used as forms of payment.
Every day, scanned checks and your practice management system will provide access to the funds you've received. Your monthly payment will be posted and reconciled at the end of each month once each line is posted.
To work with paper EOBs, you just scan them and upload them to a secure file transfer protocol (FTP) site. We can communicate with your electronic lockboxes if you have any in order to obtain the data we want. We can provide you with all of the information in real time if they are easily accessible in your practice management system.
As your strategic partner, Westward wants to make sure you succeed. This means that as part of our revenue cycle management solution, we guarantee prompt payment posts.
