Payment Posting Services

Payment Posting Outsourcing

Smoothly ramp up and execute your day-to-day functions. 

To ensure accurate and timely reimbursement, you need a payment posting team with the knowledge and expertise to manage claims and reconcile patient payments accurately and efficiently. Global Healthcare Resource delivers unparalleled payment posting services for medical billing tailored to your organization's needs. 

When you choose Global Healthcare Resource as your payment posting partner, you can achieve a streamlined operation and expedient service.

Benefits of Outsourcing Payment Posting Services

When outsourcing to a professional service provider like Global Healthcare Resource, your organization will experience the rewards of working with a global team of experts focused on delivering:

• Enhanced billing efficiency: You will experience faster bill-to-payment cycles, ensuring sufficient cash flow to cover expenses.
• Improved billing accuracy: With a highly focused payment posting team, your organization will see fewer billing errors, increasing patient satisfaction.
• Maximized revenue: Increased accuracy will help prevent denials and rejections, ensuring you receive the payment owed for services rendered.
• Increased patient security: Working with a reputable payment posting service provider guarantees compliance with patient information protection and confidentiality regulations. 

Why You Should Use Global Healthcare Resource for Your RCM Services

Partnering with Global Healthcare Resource affords you access to more than 6,000 HIPAA-compliant team members trained through our Global Academy to provide specialist revenue cycle management (RCM) services. Our team operates from our global locations in India, the Philippines, and the U.S., maximizing the Time Zone Advantage to offer 24-hour turnaround times.

Our company has 25 years of experience in medical RCM services and offers customizable turnkey solutions to suit your organization's requirements, including:

• Medical billing
• Medical coding
• Hospital services
• Denial management
• Claims management
• Home health services
• Patient eligibility verification
• Accounts receivable management

ERA and EOB Payment Posting in Medical Billing

An explanation of benefits (EOB) is created manually and issued to healthcare organizations and patients by the patient's medical insurance company after a medical consultation, test, or procedure. This document stipulates the amount charged by your organization, the amount you will receive, and the portion the patient's insurance company is liable for. Your patient is responsible for the difference, if applicable.

Obtaining this EOB from an insurer can take time and may introduce errors, which often delay the payments patients owe. With the right team and digital systems in place, your business will have access to electronic remittance advice (ERA) from the insurer. ERAs are automatically created through advanced software, speeding up the process and ensuring you have the information you need sooner for payment posting purposes.

Using an ERA as a substitute for an EOB when billing the patient aligns with HIPAA regulations, which means you will maintain compliance.

Contact Global Healthcare Resource for a Free Consultation

Global Healthcare Resource is your trusted payment posting services provider, offering experienced, highly qualified medical billing professionals who effortlessly operate as an extension of your existing team. Ensure accurate and swift claims and payment posting with a dedicated team focused on your success. Reach out to our experts today to schedule a free consultation and take advantage of our talented global professionals.