Services
Payment Posting Services
Overview
Whether you’re dealing with labor shortages or need your staff to focus on more complex tasks, AGS can help you maintain accurate financial records by tracking and managing your payment postings.
Our experts offer full transaction services including payment processing, manual and electronic posting, routing of denied claims, and reconciliation to ensure timely account resolution.
SERVICES PROVIDED
Get the support you need to gain an accurate view of your organization’s financial health with payment posting services that include:
- Processing and reconciliation of automated clearing house (ACH) and lockbox payments.
- Manual and electronic posting and reconcilement process.
- Report unusual adjustments while processing payment posting.
- Routing of denied claims to appropriate coding and denial management team.
- Fasten the patient billing process by updating patient responsibilities.
BENEFITS
Avoid Financial Discrepancies
Our payment posting services team continually verifies that financial records properly align with payments received to detect discrepancies and resolve them promptly.
Facilitate Timely Revenue Recognition
By facilitating timely and accurate revenue recognition, we help you gain visibility into the true financial health of your organization, allowing you to confidently reinvest in your core mission of care delivery.
Improve Financial Insights
We provide insights into payment trends, outstanding balances, and other financial metrics that help uncover deficiencies and support process improvement planning.
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Additional patient financial services to streamline your revenue cycle
Claims Management Services
Streamline the process of claims submission, billing edits, and reconciliation for both professional and hospital billing to reduce billing backlogs and accelerate cash.
A/R Management Services
Track and collect the outstanding revenue that you deserve with greater operational efficiency and improved financial performance through effective denial remediation, as well as identifying and recovering underpayments.
Self-Pay Management Services
Delivery of patient-friendly statements, collection attempts via outbound calls, and processing of patient payments for consistent and timely patient outreach.
Credit Balance Resolution Services
Effectively manage liability risks and assist with financial stability by identifying the root causes of overpayments and resolving credit balances.
EDI Enrollment Services
Establish Electronic Remittance Advice (ERA)/Electronic Funds Transfer (EFT) authorization agreements for all providers with multiple clearing houses/payers to enroll for electronic claims, remittance, eligibility, and claims status.
Resources
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Let’s transform your revenue cycle today
When you create a high-performance revenue cycle, you’re finally free to invest your full resources into what matters most: the care of your patients.
