- P O Box 85, Georgetown , Georgia 39854
Know Service
Payment Posting
PAYMENT POSTING FOR MEDICAL BILLING IS OUTSOURCED
The billing cycle ends with payment posting, after which each patient's payment history is saved in the billing management system. Additionally, it gives rise to additional processes that demand ongoing monitoring. O2I may assist if you need a reputable business to accurately and efficiently post payments and submit the results on your behalf.
We Provide Payment Posting Solutions
Payment Posting Solutions streamline the complex task of recording and managing payments in the medical billing process. With our efficient and accurate system, we ensure timely and precise posting of payments, allowing healthcare providers to focus on patient care while optimizing their revenue cycle.
- READING AND ANALYZING EOB :
- ANALYSIS BASED ACTION :
- INFLOW STATEMENT :
Patients' names, account numbers, control numbers, service dates, procedure codes, billed, allowed, and modified amounts, information on denied claims, deductibles, coinsurance, and copayment amounts, if any, are the main components of an EOB. Once you receive the EOB from the insurance provider, our resources don't just enter the aforementioned information into your billing system; instead, they carefully review it, analyses it, and then record it in order to identify payment patterns as well as other related ones, such as the percentage of insurance receivable, the frequency of inflows, denials, amount outstanding percentage, etc
We instantly communicate the relevant action plan to the appropriate billing departments so they may take the necessary steps to increase the inflows when we identify the payment receivable patterns. For instance, the patient will be responsible for the balance payable amount if the authorised amount and the payment amount differ. When there is a co-payment, deductible, co-insurance, or uninsured insurance, the EOB makes it plain why the patient is responsible for paying the remaining balance.
We monitor the condition of the cash inflows and the quantity of outstanding receivables in real-time so that the rate of inflows can be easily accessed and the necessary steps can be done to increase the cash flows.
Payment Posting Solutions We Offer
- Diagnostic labs
- Teleradiology centers
- Clinics and care centers
- Healthcare practitioners
- Hospitals
- Medical Billing Companies
- Medical Insurance companies
- Revenue Cycle Management firms
Why Should You Choose Our payment posting Company?
We may provide you a number of advantages if you choose to outsource payment posting for medical billing services to us. Some of the main factors that will influence your decision to choose us are as follows:
- Affordable Prices
- Data Protection
- Compliant with HIPAA
- Expert Team
- One Point of Contact
- Constant Availability
- Speedy turnaround
- Scalable Easily
It is very affordable and simple to post payments for medical billing when using O2I. We provide our customers very competitive pricing alternatives that will fit their needs and their budget.
We take the privacy and security of the patient data extremely seriously. Because we have received the ISO/IEC 27001:2013 ISMS certification, we can guarantee that all of your patient data is absolutely secure with us.
Every service starts with the HIPAA agreement being signed. This guarantees that all patient information we deal with is kept secure and is not disclosed to any outside parties.
We have a staff of exceptionally skilled and experienced medical billing specialists who can handle any client's payment posting requirements and provide for their demands quickly.
We will designate a committed project manager who will serve as your exclusive point of contact should you decide to outsource payment posting for medical billing to us. This individual will provide you with the most recent project updates.
We fully support all time zones for our clients. Whenever you have questions or concerns, all of our employees, including the sales teams, contact center representatives, and project managers are available by phone or email to help.
We have a number of delivery centers dispersed throughout various time zones worldwide. All of these facilities are fully functional and capable of providing clients with high-quality treatments quickly, sometimes even within 6–12 hours.
When the client requests it, we can simply ramp up the service requirement since we have the necessary capabilities, resources, and bandwidth.