AnnexMed - Medical billing and Revenue cycle management companyAnnexMed - Medical billing and Revenue cycle management companyAnnexMed - Medical billing and Revenue cycle management company
1-866-780-0669
9am - 8pm (EST)
New Jersey, USA

Payment Posting Services

Improve processing accuracy and collections effectiveness using AnnexMed’ s Payment Posting Services

AnnexMed Blog

White Papers

Robotic process automation: the future of healthcare RCM

Contact us

  • 197 State Route 18 South
    Suite 3000, South Wing
    East Brunswick
    New Jersey 08816
  • info@annexmed.com
  • 1-866-780-0669
We give the best Services

Accurate Posting & Analytical Decision Making

Many administrators consider coding and clinical documentation to be the key anchors of effective medical billing and payment posting to be simply the process of posting payments. A good payment processing team, on the other hand, provides clear insights into the overall performance of your revenue cycle process, allowing you to understand revenue patterns and perform analytics.

AnnexMed’s remittance processing professionals do more than just payment processing. They provide the trends and reasons for denials, prior authorization, non-covered services, quality of your clinical documentation and coding processes, and effectiveness of your front-end patient collections. The payment posting process provides clarity to the condition of your revenue cycle, and thus you must hire a highly efficient workforce to handle payments.

Payment Posting capabilities include:

Multispecialty Billing
& Collections

Well versed
RCM Platforms

Swift Turnaround
Time

Time-tested
Best practices

Remittance
Professionals

Accuracy of
Output

Payment
Analytics

Real-time Collection
Reports

Service Highlights
  • ERA/EOB posting with balance transfers
  • Patient’s payments posted via cash/cc, etc
  • Timely filing of claims with secondary payers
  • Denials posted – rebilling, write-off, F/up, etc
  • Develop write-off and adjustment policies
  • Payment analysis and generate reports
Benefits
Benefits
  • Over 97% accuracy by our delivery team
  • Responsive team working round the clock
  • Guarantee 24-48 hrs. turnaround time
  • We review revenue cycle for improvements
  • Denial Processing and follow-up with payers
  • Dashboard reporting–Process Health Indicators

43%

Patient Collections

Increase in patient collections

96%

Collection Rate

Collected more than 96% of reimbursement claim dollar 

20%

AR Days Reduced

Average 20% reduction in AR days