Our dedicated team of payment posting specialists, precision workflows, and quality control help you post payments as quickly and accurately as possible.
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.
Daily Payment Balancing
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.
With our broad range of RCM services including claims submission, medical coding, and scheduling, our team is well-equipped to work with primary care providers.
OB/GYN practices need specialized RCM services like time-sensitive scheduling, and specific billing codes and modifiers for a range of procedures. Our medical coding team offers comprehensive HCFA and UB ICE-10 claims, and we offer integrated EHR services to streamline the scheduling process.
Billing staff must have a good grasp of concepts like margins, shaving, and destruction to effectively bill and appeal dermatology claims. Our experienced team ensures your claims are submitted at the highest possible value without over-coding and while curbing billing errors.
For Orthopedic surgeons, practice challenges can hinder your business cycle. Not the least of which is having an efficient revenue cycle in the form of error-free medical billing and coding that enhances your reimbursement rates. This is one of the top focuses of our team for Orthopedic practices.
With nephrology, you need a medical billing team that understands the different documentation and specific ICD-10 coding of claims and related EDI processes for nephrology. At PRM, we boast a 100% success rate on clearing claims with a dedicated Claims Denial and Appeals Management team.
As a cardiologist, you frequently work with patients who require complex procedures. PRM offers a team of experienced medical coding staff who are accurate and ensure legal compliance at every step.
If you have any doubts, we put together this simple scored quiz for you to find out… here’s the first question