Medicare
Apr 4, 2023
Helping practices thrive, not just survive.
Our dedicated team of payment posting specialists, precision workflows, and quality control help you post payments as quickly and accurately as possible.
Verified Accountants
Returned in Cashflow
Gorwth Rate Yearly
Payment posting enables you to recognize denials, successful reimbursement, non-covered services, write-offs, adjustments, and in-person collections.
Posting Guidelines
Daily Payment Balancing
Electronic Posting
Often overlooked, payment posting services demonstrate the effectiveness and efficiency of your practice revenue cycle
If there are several people involved in the billing in the company and there are no set rules and guidelines, there will be disorganization, mistakes, and less efficiency.
PRM will help identify clearly defined rules and guidelines, which as a result, will reduce errors, minimize inconsistencies, and improve cash flow.
If you are not balancing payments daily, your AR will not be accurate.
At PRM, these payments are logged electronically into the medical billing software each day. Once these payments are logged, we cross-check them to ensure that they match data from expected payments and actual payments.
If payments are not posted electronically, it can be extremely time-consuming and a drain on employee hours.
The more electronic, the fewer resources/physical people you need. If the system is set up to electronic post, your staff is only posting minimal payments, and their time can then be used on other valuable duties.
Whether you’re a solo practitioner, a large facility-based group of physicians, or somewhere in between, we understand the specific nuances of your business.
No matter if you’re a Solo provider, from a Mid-Sized Practice, or a part of a Large Facility-Based Group, we understand your needs and can provide the specific services and solutions to fulfill them
Based on the services you provide, we understand that your business comes with unique challenges which PRM is ready to tackle.
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If you have any doubts, we put together this simple scored quiz for you to find out… here’s the first question
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