Payments and Collection Services

Posting patient and insurance payments

You need an accurate and efficient payment posting process for your billing office. That's why we offer a powerful automatic payment posting engine, a streamlined manual posting process, and other features to help you manage your payments and collections. Our payment posting tools help you secure proper reimbursement while allowing you to maximize your productivity.

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Post Insurance Payments Automatically using Electronic Remittance

Unlock the full potential of BillingParadise by automatically posting insurance payments using electronic remittance advice (ERA) reports.

BillingParadise's payment posting engine properly handles even the most advanced electronic remittance scenarios, including denials, underpayments, overpayments, multiple adjustments, automatic cross-over, secondary remittance, reversals, and more. You can review detailed adjustment reason and remark codes and save payments once processed.

Post Insurance Payments From Explanation of Benefits (EOB) Reports

If you are using Explanation of Benefits (EOB) reports to post payments manually, BillingParadise offers a streamlined, software driven workflow to maximize your productivity. You can post payments using unique encounter numbers, also known as Patient Control Numbers (PCN), which Billing Paradise submits on claims and payers return on explanation of benefits reports.

You enter the allowed amount, paid amount, and patient responsibility information, and BillingParadise automatically calculates the contractual adjustments and posts the appropriate transactions to the patient's account. As you are posting payments, you can view a full transaction history on each charge and drill-down into the encounter for more details. Finally, you can post your insurance payments by batch and generate batch reports to reconcile to bank deposit slips.

Post Patient Payments

We've also made it very easy to post your patient payments. Your front-office users can accept patient payments during the check-in or check-out process. BillingParadise automatically matches up patient payments accepted in the front-office to encounters entered in the back-office in order to automatically apply copays during charge entry. You can also post payments manually and automatically apply payments to patient responsibility. If patients have overpaid, you can easily refund overpayments back to patients.

Manage Contracts

BillingParadise helps you manage contracts between your physicians and government payers or commercial insurance companies. You can set up practice standard fee schedules or insurance-specific contracts.

Simply enter the standard fee, expected allowed amount, and expected reimbursement for every charge on your fee schedule. As you are posting payments, Billing Paradise presents the expected allowed and expected reimbursement and flags any overpayments or underpayments.

Manage Denials

You can post all insurance denials and denial codes during the payment posting process. This enables you to use denial management reports and denial management tools to work on your denials by gathering missing information, correcting data entry errors, and resubmitting claims within each payer's timely filing window.

Dial 1-(888)-571-9069 to run your medical practice without a hitch, by conducting a telephonic session with our medical billing and coding experts. Alternatively, you may also fill up the inquiry form here.