IMS Electronic posting insurance payments makes the payment of insurance claims and reconciliation of patient accounts more efficient and accurate.
When the healthcare industry created a standard for electronic insurance payment and reconciliation, it made manual insurance processing obsolete. By electronically posting insurance payments, medical practices can dedicate more time and effort towards providing excellent patient care, rather than doing paperwork.
Added Benefits of Electronic Posting Insurance Payments:
- Reduces the amount of time spent processing claims from hours to minutes
- Provides a fast turnaround on denied claims