Payment posting is the pulse of your medical practice's revenue cycle. Accurate and timely payment posting provides a clear picture of your financial health, revealing exactly what has been paid, what has been denied, and what patient balances remain. At QUAD Healthcare Solutions, we ensure every single dollar is accounted for and perfectly balanced.
Electronic Remittance Advice (ERA) Processing
We leverage advanced clearinghouse integrations to automate the posting of Electronic Remittance Advice (ERA) directly into your practice management system. This ensures rapid, error-free logging of payer reimbursements, contractual adjustments, and patient responsibility transfers the moment the funds hit your account.
Manual EOB & Check Posting
For payers that still issue paper checks and paper Explanations of Benefits (EOBs), our meticulous billing specialists manually enter the data with absolute precision. We scrutinize every line item to ensure payments match your contracted fee schedules and immediately flag any unauthorized underpayments.
Patient Payment Processing
We accurately log co-pays, deductibles, co-insurance, and direct patient payments collected at the front desk or via online payment portals. Ensuring these payments are correctly mapped prevents billing errors and prevents your patients from receiving duplicate or incorrect statements.
Daily Reconciliation & Balancing
We perform strict daily reconciliation to ensure that the total payments posted in your billing software match your bank deposits down to the penny. If there is a discrepancy, we track it down and resolve it immediately, preventing revenue leaks and ensuring your financial reporting is always 100% accurate.
Underpayment Detection
Payers routinely underpay against contracted rates — sometimes by small amounts per claim that add up to six figures annually. We compare every posted payment to your fee schedule and trigger an appeal for any unauthorized underpayment, recovering revenue most practices never notice is missing.