Importance Of Accurate Payment Posting In RCM

Consider a scenario, where your amazing employee incorrectly posts the payment of $1002 rather than $102, the claim made its way along medical billing process, the mistake wasn’t caught. First of all, the patient received an excessive bill, which doesn’t inspire confidence in practice. The practices account receivables reports are now inaccurate and the overall financial picture is askew, from one incorrectly entered number.