PAYMENT POSTING
Introduction to Finnastra Payment Posting Services
Finnastra Payment Posting Services
Optimize your practice’s financial health through precise and efficient payment posting. Our Commitment: Free you to focus on patient care while we manage your payment posting with precision and compliance.
Comprehensive Payment Posting Process
Comprehensive Payment Posting Process
Post ERAs match EFTs and deposit logs, and post manual EOBs. Manage and index documentation from banks, clients, and third-party hosting applications. Use our "Payments Control" tool to ensure every payment, EOB, and balance is tracked and reconciled.
Benefits of Accurate Payment Posting
Benefits of Accurate Payment Posting
Identify Revenue Leakages: Detect and address potential revenue losses before they impact profitability. Enhance Financial Sustainability: Maintain a healthy cash flow and minimize claim follow-ups. Provide Financial Insight: Gain a clear understanding of your practice’s financial status.
Advanced Technology and Expertise
Automation Projects and BOTs: Ensure timely and accurate posting within stringent SLAs.
Expert Reconciliation Team: Accountants with a natural flair for matching, reconciliation, and bookkeeping.
Cutting-Edge Tools: Leverage advanced technology for precise and efficient payment posting.
Key Features of Finnastra’s Payment Posting Services
Timely and Precise Posting: Accurate posting of payments received from payers and patients.
Handling Paper Checks and Electronic Remittances: Expertise in processing diverse payment methods. Daily Reconciliation: Ensuring error-free posting and maximizing revenue potential. Efficient Secondary Payer Redirection: Swift management of denied claims to secondary payers. Adherence to Your Guidelines: Compliance with your specific policies and financial goals.
Enhanced Reporting and Financial Visibility
Enhanced Reporting and Financial Visibility
Comprehensive Reporting: Detailed insights into payment trends, claim statuses, and financial performance.
Real-Time Analytics: Access to real-time data for informed decision-making.
Improved Financial Visibility: Clear picture of your practice’s financial health, aiding strategic financial decisions.
Partnering with Finnastra for Payment Posting
Partnering with Finnastra for Payment Posting
Efficient Workflow: Seamless integration with your existing billing system.
Practive Denial Analysis and Correction: Regular denial analysis to reduce non-payment issues. Compliance and Security: Adherence to compliance standards and robust data security measures.
Case Studies
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The physician is a medium sized medical practice specializing in Family Medicine
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The client for physician billing services is typically a healthcare provider.
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Covid-19 Testing, Results review, Billing Charges & Payment Posting
Experience the advantages of our expertise and commitment to optimizing your revenue cycle. Focus on delivering quality patient care while Finnastra handles your payment posting with utmost precision and efficiency.
