Payment Reconciliation & Financial Audit Services

Cross-verify all payments with EOBs and reports to ensure every claim is paid correctly and detect underpayments.

Proven Results

Common Challenges

Payment Variances Go Undetected

Practices lack time and expertise to compare actual payments against contracted rates, allowing underpayments to go unnoticed.

Contractual Adjustment Verification

Staff cannot validate whether payer-applied contractual adjustments match contracted fee schedules and discount percentages.

Time-Consuming Manual Reconciliation

Manually comparing EOBs to expected payments for hundreds of claims monthly is impossible with limited staff resources.

Audit Preparation Challenges

Practices struggle to prepare for payer audits and lack documentation proving they were paid correctly.

Our Solutions

Automated Variance Detection

Advanced software compares actual payments to contracted fee schedules and automatically identifies underpayments and incorrect adjustments.

Contract Verification Services

Expert team reviews payer contracts, loads fee schedules into system, and validates that payments match contracted rates.

Underpayment Recovery

Systematic process to appeal underpayments and recover money owed under payer contracts.

Audit Support & Documentation

Comprehensive records and reports supporting audit defense and providing proof of correct payment.

Service Features

Payment vs Contract Analysis

Systematic review comparing actual EOB payments against contracted fee schedules to identify discrepancies.

Underpayment Identification

Automated detection of payments below contracted rates requiring appeal and recovery action.

Recovery & Appeals

Complete appeals process for underpayments including documentation, submission, and follow-up.

Reconciliation Reporting

Detailed reports showing payment variances, recovery efforts, and financial impact by payer.

Client Testimonial

Payment reconciliation identified $58K in underpayments from our largest payer over 18 months. We had no idea we were being underpaid until Medtransic's automated variance detection flagged the issues. They recovered $52K through appeals. This service pays for itself many times over.

Related Billing Resources

Key Services

Contact Medtransic today for expert payment reconciliation services. Call 888-777-0860 or visit https://medtransic.com/contact for a free consultation.