Explanation of Benefits (EOB) Posting and Review
All payments and mailed correspondence are sent directly to your office. You just need to detach and deposit the checks and then forward the Explanation of Benefits (EOB’s) to Superior Medical Billing Solutions. We will also set you up with Electronic Funds Transfer (EFT) and Electronic Remittance Advice (ERA) for all carriers that offer these services. By using EFT and ERA you will have your money sent directly to your bank account and the ERA will be sent to our clearinghouse for retrieval. This process can speed up the time between claim submission and your payment date.
Whichever way the Remittance Advice is received by Superior Medical Billing Solutions we will review them to make sure that the insurance carrier has paid at the correct contracted or out of network rate.
Ensure that you are receiving the correct reimbursement for all charges
We then accurately post the payment to your patient’s account, including any deductibles applied or contractual reductions necessary for that particular insurance carrier and patient. Our practice management software also keeps track of patient balances due so that we can balance bill any patient who has a remaining balance due after insurance pays.
Many providers feel that Explanation of Benefits / EOB and ERA posting is just data entry, which is the wrong way to think about payment posting. You need to make sure you have someone who knows how to read an EOB/ERA accurately to make sure that you are not missing payments that you are entitled to. Here at Superior Medical Billing Solutions we review your explanation of benefits and contracts to ensure that you are receiving the correct reimbursement for all charges.
- Fully HIPAA compliant with secure servers to maintain an uninterrupted medical billing process
- 5010 Format Compliant Transactions
- Up-to-Date ICD-9 to ICD-10 Integration
- CPT Coding Provider
- Certified Coding Specialist
- PT/OT Billing
- Electronic EOB’s
- Explanation of Benefits/ERA’s
- Integrate with EMR
- Practice Management
- Extensive Follow-up
- Payment Posting
- Monthly Patient Statements
- Charge Entry
- Monthly Practice Financial Statistics Reporting
- Customized Medical Billing Solutions
- Providing Nationwide EOB / Explanation of Benefits Services with State Specific Medical Billing Compliance
Superior Medical Billing Solutions
29885 2nd Street, Suite J
Lake Elsinore, CA 92532
Toll Free: 888-520-9330
Monday - Friday: 7:00am - 3:00pm
Closed Saturday and Sunday