Anesthesia Billing Software: Automated Remittance Processing
Posting the details of insurance payments to a patient ledger might not seem like such a significant aspect of Accounts Receivable management, but it is actually trickier than many would suppose. Not only must all payments be identified and applied to the proper account, reliable payment assessment requires that we also capture the details of the allowable, deductibles still due and patient co-payment responsibilities. Large bulk payments can be time-consuming and problematic to review manually. Automated remittance process greatly expedites payment posting and significantly increases the accuracy of the result.
While it is true that not all commercial payors provide electronic remittance advices, all public payors and most major plans do. As is true of any other type of interface, the technical requirements can be complex and subject to modification without notice. Our anesthesia billing software, First Anesthesia, was specifically designed to accommodate this invaluable option. Our in-house programming team ensures that each payor’s specifications are met for optimum efficiency and effectiveness.