Payment Posting Services
Unlock Clarity and Control in Your Revenue Cycle
At MedRev, we recognize that accurate payment posting is a vital component of successful revenue cycle management. This process does more than track incoming payments—it provides actionable insights into the financial health of your organization. Whether payments are from patients or insurance providers, precision in posting ensures your A/R remains clean and your decisions are data-driven.
Why Payment Posting Matters
When payments are posted accurately and efficiently, you gain full visibility into collections, denials, and patient responsibility. This clarity helps reduce billing errors, shortens the payment cycle, and strengthens your cash flow. That’s why MedRev’s expert team is dedicated to delivering meticulous, timely, and secure payment posting solutions.
Our End-to-End Payment Posting Process
MedRev handles all forms of remittances with an unwavering focus on speed, accuracy, and compliance with your defined procedures.
Patient Payments
We process payments made by patients at the point of service—via cash, check, or credit card—covering co-pays, deductibles, or non-covered services. Our team verifies and applies these payments to the appropriate patient accounts with precise adjustments.
Insurance ERA (Electronic Remittance Advice)
We handle high volumes of ERAs from various payers, processing them in batches through your practice management system. Our team corrects any exceptions and ensures totals are balanced and accurate, streamlining your reconciliation process.
Manual EOB (Explanation of Benefits) Posting
For insurance payments received without ERA, we process scanned EOBs securely via FTP or EHR. Adjustments, write-offs, and balance transfers to secondary payers or patients are executed according to your specific business rules.
Denial Posting
When claims are denied, accurate posting is essential for effective follow-up. Our specialists interpret ANSI codes and payer-specific denial messages to correctly log and take the appropriate next steps: reprocessing, rebilling to secondary payers, transferring patient responsibility, or write-offs.
Icons Summary
Patient Payments
Accurately post co-pays, deductibles, or out-of-pocket payments for non-covered services.
Insurance ERA Posting
Efficient batch processing of ERAs with real-time correction of posting exceptions.
Manual EOB Posting
Manual entry of insurance payments with exact adjustment and balance transfer protocols.
Denial Management
Post and respond to denials quickly, reducing delays and maximizing reimbursement.
Key Benefits of MedRev’s Payment Posting Services
Unmatched Accuracy
Our global delivery teams uphold a contractual accuracy rate of 97%—with real performance typically exceeding 99%.
Fast Turnaround Times
With teams operating around the clock, we offer payment posting turnaround times within 24 to 48 hours.
Full Visibility Into A/R
Our precise payment postings offer a crystal-clear view of your accounts receivable, enabling confident business decisions.
Insightful Analytics
We generate detailed A/R trend reports to help you:
- Improve point-of-service collections
- Identify root causes of denials
- Monitor payer behavior and payment timelines
- Track eligibility and authorization issues
Exception Management
We follow your business rules and notify you of important trends, recurring denials, or unexpected contractual adjustments.