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eRemittance and Fund Transfer

Easy & Quick Payment Posting—Better your collections and cashflow

Accurate Payment Posting is a key step and integral part of the medical billing cycle and provides a deep insight into the practice’s financial health and revenue stream and helps promptly catch potential fallouts and address them. A well-oiled payment processing tool and process helps you identify payment trends, profit margins, opportunities to increase revenues, address denials faster, and iron out the deficiencies in the overall billing process.

An average of greater than 20% of medical payments are keyboarded manually due to the lack of payer’s ability to provide an electronic remittance advice (EDI 835 or ERA) back to the providers. This eventually costs a lot of time and resources to enter those payments manually. Furthermore, a wrong posting can result in inaccurate accounting causing unforeseen problems. ERAs and EFTs are advanced electronic tools allowing you help save time and money.

OmniMD medical billing software offers robust payment posting and processing tool to automate your payment posting process

Easy and quick EOB and ERAs reconciliation
Seamless credit card payment processing
Manage refund and reversals with ease
Clear Patient responsibility
Segregating Denials faster
Faster remits with EFT deposits to your bank account.
Uncover underpayments and overpayments with contract management reports
Line items reporting containing payment details, non-covered services, refunds, and reversals.
Automated and quick Write-offs and adjustments

Accurate and Flexible Payment Posting

  • Reconcile payments to last penny accurately
  • Quickly post payments for multiple responsible parties
  • Post a single payment to all patients listed under one responsible party
  • Accurate primary payment posting leads to accurate secondary payer billing

EOB Posting

  • Go paperless by scanning or drag/drop your scanned payments and denials
  • Reconcile against a single or multiple responsible parties
  • Reconcile a payment to all patients under one responsible party
  • Avoid lost paper copies of payments and denials

Increase Payment Collections with Credit Card Integration

  • Accept patient payments seamlessly over phone or at office
  • Accept payments via debit and credit cards
  • Auto post credit card payments in your EHR or PM system
  • Encryption of all financial transactions

ERA Posting

  • Convert most of your payers to electronic remittance
  • Replace your process to post EOB manually and manually matching payments
  • Automated ERAs help you post hundreds of patients with one click
  • Printable version of ERA makes it easier to submit COB (coordination of benefits) claims
  • Eliminate manual posting to bring annual savings upwards of $10,000
  • Easy denial organization
  • Real-time analytical reports to provide better clarity on payment pattern and frequency
  • Enhanced and focused collection efforts with electronic payment posting
  • Address denials faster and decrease in denials

Electronic Funds Transfer (EFT)

  • Secure, efficient, and convenient process to electronically deposit claim payments to bank accounts.
  • Faster access to payments as compared to paper checks
  • Easily match payments to remittances
  • Secure and confidential deposits of claims payments
  • Reduced handling time by staff members and paper usage, reducing administrative cost
  • Easy to search and reporting tool
  • Eliminate lost paper checks, inaccurate credit deposits, etc.

Flexible Payment Plan

  • Create payment plan for your patients falling behind on payments
  • Preview statements before processing

Get Started with these Simple Steps

Need to upgrade to ePrescribe? Contact us or Schedule a Demo.

User friendly tracking of payments and its details like Payer, Payer Type, and Payment

What Our Clients Say?

“Our practice has been very pleased with the outcomes of your billing and collection services. You have been both informative and patient as we continue to become a more efficient practice. We have recognized that collections have been improved due to your diligence and tenacity.

Thank you for your kindness and hard work.”

Maureen Lacey, Office Manager, Psychiatry Practice

Products And Services

  • EHR
  • Medical Billing Software

“I think this electronic medical record is very good and easy to understand and get the job done. I highly recommend it. The sales and IT support staff and billing support staff are phenomenal. Any electronic medical record that you choose is only as good as the support staff to help you navigate and troubleshoot any issues that will arise. This company does a great job of customizing your preferences and making you feel important as a customer. Terrific company.”

Gastroenterology Practice, IL

Products And Services

  • Medical Billing Services
  • EHR
  • Medical Billing Software

“I want to thank you for your wonderful service!  You are very prompt with replies to my questions.  Very prompt with claim submission and follow up.  Friendly when I speak to you on the phone. Overall, excellent experience with OMNI.  We are very pleased with everything you do!

Have a wonderful day!

Abby, Office Manager, Renewed Vitality

Products And Services

  • Medical Billing Services
  • EHR
  • Medical Billing Software

“We have been using OmniMD since 2008. It has been a great tool for our patient care and billing. It's very easy to use and works for all our specialties.”

Multispecialty Practice, NY

Products And Services

  • Medical Billing Services
  • EHR
  • Medical Billing Software

Learn More About Our Solutions

Send us an email or submit the form for more information.