Payment Posting

Payment Posting-Simplified

Posting of insurance payments is a time consuming process. When a practice receives payment and an EOB notice, the information must be recorded by the medical billing software system. Additional complications such as capitated insurance contracts, deductibles, U&C adjustments, and secondary insurances must be easily handled.

Some practice will have multiple individuals and/or locations receiving payments. This necessitates maintaining multiple bank deposit slips, each requiring their own reconciliation and posting.

DAQbilling Medical Billing Software excels in these areas by providing the following features:

	From one screen, DAQbilling medical billing software allows the user to maintain one or more active deposit slips and post an EOB.
	Handle entry of insurance payment, adjustments, explanation codes to record reason for partial and/ or non-payment, and transfer of any remaining balance instructions.
	Scan the EOB into DAQbilling medical billing software to allow Antek to submit any secondary claims on your behalf. This eliminates the need to photocopy the EOB and to match it to the printed HCFA 1500 claim form for later mailing.

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