The cash and payment posting services provided by ASP-RCM Solutions ensure the correct recording and deposit of payments to patient accounts. Within 12 to 24 hours, we post, balance, and reconcile payments, providing a seamless month-end closure. Our end-to-end services take care of all payment-related matters, freeing you up to concentrate on delivering top-notch medical treatment.
Electronic Remittance Advisory (ERA) Posting
Our ERA Posting services offer an efficient approach, where we import these files into your revenue cycle system. In the process, any exceptions or discrepancies are diligently corrected, thus ensuring a smoother workflow and accurate financial entries.
Manual Payment Posting
Our team manually captures payment information from EOBs and posts each line item to the respective patient accounts. This is done per practice and physician-specific business rules, ensuring zero errors in payments, adjustments, write-offs, and balance transfers.
Denial Posting
We understand the shades of ANSI denial codes and payer-specific remark codes. Our denial posting services route denied claims into appropriate work queues for further action, whether re-billing a secondary payer or transferring the balance to the patient account.
Posting Patient Payments
Patient payments form the crux of a healthy revenue cycle. Whether received via Point-of-service () cash collections, checks, or credit cards through patient portals, our professionals handle these transactions meticulously. Any pending balances are transferred to secondary insurers, while any credit balances are resolved promptly.
To Begin Enhancing your Revenue Cycle Management, Schedule a Consultation. Start Now!
Analytics-Driven Approach
We don’t just execute; we also analyze. Our performance reports give you insights into trends in denials, non-covered services, and even co-payment collection issues. This helps you take proactive measures for constant improvement.
Policy Development
Our expertise extends to helping you frame policies for write-offs and adjustments. This is done based on clearly defined rules, and any anomalies are reported immediately.
Dashboard Reporting
We offer revenue recognition dashboards and project collections using historical data and provide insights into denial trends.
To Begin Enhancing your Revenue Cycle Management, Schedule a Consultation. Start Now!
