Payment Posting Services at Sigma RCM
Payment posting marks the final and crucial stage in the Revenue Cycle Management (RCM) process, ensuring accurate and efficient handling of insurance payments and patient accounts. At Sigma RCM, we specialize in comprehensive payment posting services tailored to meet the unique needs of healthcare providers.
EOB and ERA Processing
We meticulously process Explanation of Benefits (EOBs) and Electronic Remittance Advice (ERAs) received from insurance carriers.
Denial Management
We identify and address line denials promptly, including issues related to medical necessity, non-covered services, and lack of authorization.
Any denied claims are re-evaluated and managed through our denial management process to ensure resolution.
Patient Responsibility Management
We analyze discrepancies between allowed amounts and payment amounts, adjusting patient responsibility accordingly.
Our team manages write-offs and resubmits claims to insurance companies when necessary.
Benefits of Payment Posting:
Accurate payment posting maximizes revenue and improves cash flow for healthcare providers.
We identify and resolve recurring billing problems, ensuring efficient revenue cycle management.
Expertise in ERA Processing
Our billers excel in handling advanced ERA scenarios, including denials, underpayments, overpayments, and multiple adjustments.
We support ERA posting by verifying payments and ensuring accuracy in posting.
Front-Office and Back-Office Integration
We match patient payments accepted in the front-office with encounters entered in the back-office, ensuring seamless coordination and reconciliation.
Why Choose Sigma RCM for Payment Posting?
Highly Efficient Billing Team: Our billers are known for their efficiency and analytical skills in payment posting.
Expert Handling of EOBs: Reading EOBs is a specialized skill, and our team is well-versed in deciphering payer communication.
Accuracy and Precision: We enter allowed amounts, paid amounts, and patient responsibility information accurately, ensuring precise contractual adjustments.
Specialization in Medical Billing:
Our step-by-step assessment of the billing process makes us specialists in RCM for your practice.
At Sigma RCM, we understand the critical role of payment posting in revenue management. With our expertise and dedication, we ensure seamless and efficient handling of your payment posting needs, maximizing revenue and improving financial outcomes for your practice.