MedRev
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Payment Posting Services
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.

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.

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Limited Visibility

Without proper payment posting, healthcare providers struggle to track payments and understand their true financial position.

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Cash Flow Challenges

Delayed or inaccurate payment posting creates cash flow issues and complicates financial forecasting.

Whether payments are from patients or insurance providers, precision in posting ensures your A/R remains clean and your decisions are data-driven at MedRev.

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.

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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.

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Insurance ERA Posting

We handle high volumes of ERAs from various payers, processing them in batches through your practice management system.

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Manual EOB Posting

For insurance payments received without ERA, we process scanned EOBs securely via FTP or EHR.

Denial Posting

Our specialists interpret ANSI codes and payer-specific denial messages to correctly log and take appropriate next steps.

How We Ensure Accuracy and Efficiency

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Precise Adjustments

We apply contractual adjustments, write-offs, and balance transfers according to your specific business rules.

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Exception Handling

Our team corrects posting exceptions and ensures totals are balanced and accurate.

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Secondary Billing

We handle transfers to secondary insurance or patient responsibility after primary payments.

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Payment Reconciliation

We balance all postings against bank deposits to ensure financial integrity.

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Performance Reporting

Regular reports on payment trends, denial patterns, and payer behavior.

Our Payment Posting Process at a Glance

Receive Payment Data

Secure transfer of ERAs, EOBs, and patient payment information through established channels.

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Process & Post Payments

Apply payments to the correct accounts with appropriate adjustments and balance transfers.

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Handle Exceptions

Identify and resolve posting exceptions according to predefined business rules.

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Reconcile & Report

Balance all postings and provide detailed insights on payment performance.

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Key Benefits of MedRev's Payment Posting Services

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Unmatched Accuracy

Our global delivery teams uphold a contractual accuracy rate of 97%—with real performance typically exceeding 99%.

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Fast Turnaround Times

With teams operating around the clock, we offer payment posting turnaround times within 24 to 48 hours.

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Full Visibility Into A/R

Our precise payment postings offer a crystal-clear view of your accounts receivable, enabling confident business decisions.

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Insightful Analytics

We generate detailed A/R trend reports to help you improve collections and identify root causes of issues.

Insightful Analytics to Drive Decision-Making

We generate detailed A/R trend reports to help you:

Improve point-of-service collections

Identify opportunities to enhance upfront collections based on payment patterns.

Identify root causes of denials

Track denial trends to address systemic issues in your billing process.

Monitor payer behavior and payment timelines

Track how quickly each payer settles claims and follow up appropriately.

Track eligibility and authorization issues

Pinpoint problems in the pre-service verification process to prevent future denials.

Excellence in Payment Posting

Our payment posting services deliver consistent, measurable results:

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99.5%

Payment posting accuracy

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24-48hr

Standard turnaround time

Exception Management

We follow your business rules and notify you of important trends, recurring denials, or unexpected contractual adjustments.

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Proactive Approach to Exceptions

Our specialists don't just identify exceptions—they resolve them according to your predefined business rules. We meticulously document patterns and escalate recurring issues, ensuring that your team can focus on addressing root causes rather than managing day-to-day posting challenges.