Charge Entry — Same-Day Accuracy, Faster Cash Flow
Posting backlogs cost thousands weekly. Same-day charge entry with 99.8% accuracy accelerates cash flow 35% — automated ERA posting recovers $120K+ annually.
Proven Results
- 24hr Charge Entry Turnaround
- 99.8% Posting Accuracy
- 35% Faster Cash Flow
- $120K Average Annual Recovery
Common Challenges
Charge Entry Delays
Delayed charge entry extends claim submission timelines, increases accounts receivable aging, and slows cash flow significantly.
Data Entry Errors
Manual charge entry mistakes in CPT codes, modifiers, units, or charges lead to claim denials and underpayments.
Missed Charges
Services rendered but not billed due to incomplete charge capture processes result in permanent revenue loss.
Payment Posting Backlog
Delayed posting of EOBs and ERAs prevents accurate A/R reporting and obscures true financial position.
Underpayment Detection Issues
Without systematic payment variance analysis, payer underpayments and contractual discrepancies go unnoticed.
Poor Financial Visibility
Delayed or inaccurate posting prevents real-time financial visibility needed for effective practice management.
Our Solutions
Rapid Charge Entry
Same-day charge entry ensures claims are submitted promptly, reducing A/R aging and accelerating payment collection.
- 24-hour charge entry turnaround
- Direct EHR integration for efficiency
- Coding validation during entry
- Complete documentation review
Automated Payment Posting
Electronic remittance (ERA) auto-posting technology processes payments accurately and immediately upon receipt.
- Same-day ERA processing
- Automatic payment reconciliation
- 99.8% posting accuracy
- Real-time financial updates
Contractual Rate Verification
Every payment is compared against your contracted rates to flag underpayments, incorrect adjustments, and write-offs that should have been collected.
- Line-item contract rate matching
- Automated underpayment flagging
- Payer-specific adjustment auditing
- Recovery tracking and reporting
Charge Capture Optimization
Comprehensive charge capture review ensures all services rendered are properly billed and collected.
- Daily charge reconciliation
- Missing charge identification
- Revenue leakage prevention
- Charge capture audits
Service Features
Professional Charge Entry
Accurate, timely entry of all charges with complete coding validation and fee schedule verification.
- Same-day charge entry
- Code validation
- Modifier application
- Fee schedule verification
Electronic Payment Posting
Automated processing of electronic remittances with immediate posting to patient accounts.
- ERA auto-posting
- Manual payment entry
- Adjustment posting
- Denial posting
Payment Reconciliation
Complete reconciliation of all payments with EOBs and expected reimbursement amounts.
- Daily reconciliation
- Variance analysis
- Contract verification
- Underpayment recovery
Charge Capture Audits
Regular audits to ensure complete charge capture and identify revenue leakage.
- Encounter reconciliation
- Missing charge identification
- Charge master review
- Revenue recovery
Related Billing Resources
Key Services
- charge entry
- payment posting
- charge capture
- payment processing
- EOB posting
- medical billing processing
Contact Medtransic today for expert charge entry payment posting services. Call 888-777-0860 or visit https://medtransic.com/contact for a free consultation.