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.
Limited Visibility
Without proper payment posting, healthcare providers struggle to track payments and understand their true financial position.
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.
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.
Insurance ERA Posting
We handle high volumes of ERAs from various payers, processing them in batches through your practice management system.
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
Precise Adjustments
We apply contractual adjustments, write-offs, and balance transfers according to your specific business rules.
Exception Handling
Our team corrects posting exceptions and ensures totals are balanced and accurate.
Secondary Billing
We handle transfers to secondary insurance or patient responsibility after primary payments.
Payment Reconciliation
We balance all postings against bank deposits to ensure financial integrity.
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.
Process & Post Payments
Apply payments to the correct accounts with appropriate adjustments and balance transfers.
Handle Exceptions
Identify and resolve posting exceptions according to predefined business rules.
Reconcile & Report
Balance all postings and provide detailed insights on payment performance.
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 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:
99.5%
Payment posting accuracy
24-48hr
Standard turnaround time
Exception Management
We follow your business rules and notify you of important trends, recurring denials, or unexpected contractual adjustments.
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.