In the context of healthcare, "claim remittance" refers to the explanation of a payment for a medical claim that is sent by a health insurance payer (like an insurance company or Medicare) to a healthcare provider. It essentially provides a breakdown of why the insurance company decided to pay a certain amount for a specific claim, including any adjustments or denials. We will post these to the patient's account.
Refers to the process of recording and reconciling payments received from patients, insurance companies, and other sources within a healthcare provider's billing system. It involves accurately entering payment information, such as the amount, date, and method of payment, into the billing system.
We will provide monthly reports. Including live reports for Accounts Receivable.
Insurance benefit verification is the process of confirming a patient's active insurance coverage and benefits before providing medical services, ensuring accurate billing and payment. It helps estimate patient responsibility, avoid claim denials, and ensure accurate reimbursement.