The process of payment posting in nursing generally involves several steps:
Verification: Verify the payment details against the patient's account and the explanation of benefits (EOB) provided by the insurer. Data Entry: Enter the payment information into the billing system, ensuring all details are accurate. Reconciliation: Reconcile the payments with the bank statements to ensure that all payments have been accounted for. Adjustment: Make necessary adjustments for any discrepancies or denials, and re-submit claims if required. Reporting: Generate reports to track payments and identify any trends or issues.
