Rejection Management Services
Claims Rejections are claims that do not meet specific data requirements or basic formatting that are rejected by insurance according to the guidelines set by the Centers for…
Payment Posting Services
Payment posting also referred to as cash posting, is a crucial step in medical billing. It gives a clear view of incoming payments and helps upstanding problematic areas to resolve them faster. Proper payment posting is significant to analyze the revenue cycle
In case of improper payment posting, it would be hard to identify nonpayment issues. At times paid balance would reflect in the system, causing confusion. To avoid such errors, a dedicated A/R team needs to work actively to receive planned reimbursement.
At I-Conic Solutions, we pay utmost importance to the payment posting services in medical billing. Our operations team is particular to making efficient payment posting.
Starting from filing and posting the hardcopy of Explanation of Benefits (EOB) and Electronic Remittance Advice (ERA), our team focuses on the settlement of accounts and filing of secondary claims.
Things we manage during EOB scanning:
- Secondary Claims Processing,
- Reconciliation,
- Denial posting and processing,
- Manual or Electronic payer interface posting.
Soon after the posting is done, our team of experts starts work on denials, be it short payment, clinical or technical. For clients to reconcile the claims payments from the payers and patients are posted on the medical billing system once payments are received against the claims.
What we offer:
- Electronic Payment posting
- Manual Payment posting (This ensures no payment record is ignored)
- guaranteeing up to 99% accuracy
- Financial reports and smooth revenue cycle within 24 hours TAT
We are your cost-effective yet efficient way of operating the payment postings in your medical practice
By outsourcing your payment posting load to us, you are benefited:
- Freeing your in-house staff from this time-consuming labour,
- Guaranteeing up to 99% accuracy
- Appropriate financial reports and smooth revenue cycle,
- Timeliness within 24 hours TAT,
- Prompt transfers of the patient’s responsibility and improper payments are identified and reviewed sooner.
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Our Services
Denial Management Services
In a typical healthcare system, about 20% of rejected claims is never resubmitted. A maze of policies, billing requirements and regulations, as well as complex managed care contracts…
Payment Posting Services
We provide you with services for filing and posting of hardcopy Explanation of Benefits (EOB’s) and Electronic Remittance Advice (ERA’s). We also undertake reconciliation of accounts and file…
Patient Statement Services
We Deliver prompt and accurate patient statements to help expedite patient payments.
Patient Collections
At I-Conic Solutions we consider patient collections an integral part of your practice’s success. We also acknowledge and understand that nothing is more important to you than your…
AR Follow up
Our Accounts Receivable follow-up team is responsible for looking after denied claims and reopening them to receive maximum reimbursement from the insurance companies. We offers experienced Medical Accounts…
Medical Billing Services And Claim Submission
Our medical billing services are designed to address a wide range of issues and challenges faced by hospitals and physicians while realizing payments. By leveraging efficient processes and…
Medical Coding Services
Our coding team, many of whom are CPC and COC certified coders. Our coders follow Medicare, Payer and Client guidelines and are experienced in coding from the medical…
