Streamline Cash Flow with Expert Payment Posting Services

Ensure fast, accurate reconciliation of ERAs, patient payments, and fallouts to keep your AR low and cash flow steady.

  • ✓ Accelerate Revenue
  • ✓ Minimize AR
  • ✓ Enhance Financial Accuracy
Healthcare Professional

Why Choose SolvEdge for Payment Posting?

Team Discussion
Team Discussion

End-to-End Insurance Payment Posting

We efficiently post ERAs and EOBs directly into patient accounts while reconciling them with the correct claims. Our team follows client-specific rules for adjustments, write-offs, and refunds—ensuring compliance and consistency across the board.

Team Discussion

Manual Fallout Management

Not all payments are straightforward. That’s why our experts manually address exceptions to ensure no revenue goes untracked. We handle every nuance to reduce inaccuracies and protect your bottom line.

Team Discussion

Secure Document Handling

All ERAs and payment-related documents are securely stored in your billing system or via SFTP (Secured File Transfer Protocol), giving you peace of mind and ensuring HIPAA compliance.

Team Discussion

Tailored Patient Cash Posting

From co-pays to deductibles, we post patient payments with precision. Whether payments come through portals, checks, or credit cards, we ensure proper allocation—avoiding AR inflation and claim closure delays.

Closing the Loop: The Payment Posting Services Workflow

1

Receiving Payments and Remittances

  • Incoming Funds: Healthcare providers receive payments from insurance companies (via electronic ERAs or paper EOBs) and directly from patients (checks, cards, cash).
  • Organize Payments: All payments and their detailed explanations are collected daily and grouped for efficient processing.
2

Payment Posting (Data Entry and Application)

  • Automated & Manual Entry: Electronic payments are often automatically applied to claims in the billing system; paper payments and denials are entered manually.
  • Record Denials: When a claim isn't paid, the specific reason for denial is recorded, flagging it for follow-up.
  • Patient Balance Updates: Patient payments are applied, and any remaining balance or overpayment is noted.
3

Reconciliation and Verification

  • Daily Balance Check: The total money posted in the system is matched against bank deposits to ensure all funds are accounted for.
  • Investigate Issues: Any differences or overpayments are immediately investigated to find the cause and resolve them.
4

Actioning Denials and Exceptions

  • Route Denials: Claims that were denied are sent to specialized teams for review, correction, resubmission, or appeal.
  • Spot Trends: Identifying common denial reasons helps the billing and coding teams prevent future payment issues.
5

Reporting and Analytics

  • Financial Reports: Data from payment posting generates essential reports on cash flow, outstanding balances, and denial patterns.
  • Improve Processes: This information helps the organization understand its financial health and refine its revenue cycle operations.

Proven Benefits for Your Practice

Improved Cash Flow

By promptly posting insurance and patient payments, we help reduce days in AR and ensure timely revenue recognition.

Financial Transparency

Accurate reconciliation gives you a clear picture of your practice’s financial health. Eliminate AR confusion caused by delayed check deposits or missed ERAs.

Customized Workflows

Our payment posting process is adapted to your unique financial protocols and system preferences, ensuring smoother operations and better outcomes.

Reduced Administrative Burden

Free your staff from time-consuming posting tasks and allow them to focus on patient care and higher-value activities.

What Sets SolvEdge
Apart?

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Ready to Optimize Your Payment Posting?

Let SolvEdge help you reduce AR backlogs, improve financial clarity, and enhance operational efficiency through expert payment reconciliation services.

FAQ – SolvEdge Payment Posting

Payment posting in medical billing is the process of accurately recording payments from insurance companies and patients into the billing system. It ensures that all transactions—such as co-pays, deductibles, and reimbursements—are properly accounted for, supporting clean financial reporting and RCM accuracy.

Accurate payment posting ensures that revenue is properly tracked and discrepancies are identified quickly. It improves healthcare billing transparency, reduces AR aging, and helps identify denied or underpaid claims promptly, supporting AR optimization.

Insurance payment posting refers to entering payments received from payers, while patient cash posting involves recording payments made by patients, such as copays and coinsurance. Both are essential for complete medical billing services and a healthy revenue cycle.

ERA reconciliation (Electronic Remittance Advice) involves matching posted payments with electronic remittance data to ensure accuracy. This helps identify payment discrepancies or denied charges, supporting HIPAA-compliant payment services and timely follow-up actions.

By posting payments promptly and accurately, healthcare organizations can reduce Days in AR, detect underpayments, and quickly address denied claims. These actions are critical to achieving AR optimization and maintaining cash flow consistency.

Leading medical billing services use RCM platforms that integrate ERA reconciliation, payment matching, and HIPAA-compliant audit trails. These tools reduce manual work, boost RCM accuracy, and prevent human error in insurance payment posting.

Inaccurate payment posting in medical billing can lead to incorrect balances, missed payments, duplicate billing, or even patient dissatisfaction. It can severely disrupt healthcare billing workflows and result in revenue leakage.

During payment posting, denials are often identified by zero payments or payment adjustments. Recognizing these early supports faster denial management and improves overall RCM accuracy and cash recovery rates.

Timely and precise patient cash posting ensures that out-of-pocket payments are properly accounted for. It reduces billing errors, avoids patient disputes, and supports accurate financial records for HIPAA-compliant payment services.

Yes, outsourcing to a trusted medical billing services provider ensures that payment posting, ERA reconciliation, and insurance payment posting are handled by experts, reducing administrative burden and improving AR optimization outcomes.