Payment posting

Why is accurate payment posting important?

• Payment posting makes it feasible for dental practices to get paid in full as soon as possible.
• Patients are billed for any amounts that remain unpaid, insurance payments are posted against claims, and patient payments are deposited against outstanding accounts. All of these processes occur within the billing software.
• For a rapid assessment of the practice's financial situation, the office administrator can obtain a snapshot of payments that are currently pending.
• The practice's ability to post and reconcile payments accurately is essential to its survival. It produces a minimally administratively supervised, robust cash flow, and an effective billing system.
• The practice's bank account routinely receives more money when the payment posting process is more dependable. This greatly facilitates evaluating potential

The Advantages of Payment Posting in Dental Billing Software Manual payment posting and reconciliation takes a lot of time and is prone to mistakes. Payers may use non-standard EOB forms, and there may be differences in claim codes.

Even a single decimal place in the manual EOB processing code could result in lost money or hours of work to find.

Modern and advanced Automated patient statements, electronic claim filing, batch EOB posting, and other capabilities that streamline the billing process are all included in dental billing software.

Reasons to choose Technocraze for Uploading Payments Choosing Technocraze most recent software technology is one technique to improve the efficiency of payment posting. With a process that is customized for your practise, our skilled practise management and revenue cycle management implementer can assist your practise in seamlessly integrating software to handle dental billing.