Payment posting is a crucial step in the medical billing process, ensuring that payments received from insurance providers and patients are accurately applied to the corresponding claims. Payments can be received through physical checks or electronic funds transfers (EFTs), accompanied by an Explanation of Benefits (EOB) or Electronic Remittance Advice (ERA).

To maintain financial accuracy, we ensure that payments are correctly allocated and reconciled with the total checks received. At the end of the process, our reconciliation ensures that posted payments match received payments, contributing to precise accounts receivable tracking and accurate Aging Reports.