Real-Time Payment Posting & Reconciliation Updates

Advantages of LoopMedix’s Payment Posting Services


Managing revenue in healthcare billing is a complex task that depends heavily on accurate payment posting. By anticipating reimbursement patterns and monitoring financial status, providers can swiftly and effectively resolve denials. To support this, healthcare organizations need a reliable and efficient payment posting service.

With over 10 years of experience, LoopMedix delivers trusted and cost-effective payment posting solutions tailored to healthcare providers of all sizes. Our streamlined posting process ensures fast turnaround times without compromising accuracy. From large hospitals to small clinics, our clients rely on us to precisely post insurance payments, checks, and patient collections. We adhere to industry best practices and strict data security standards to ensure our services align with your operational and compliance needs.



How to Prevent Common Denials in Medical Billing

Some insurance plans may require pre-authorization or referrals for certain procedures or specialist consultations. Ensure these requirements are met or properly documented to prevent claim denials.

When a patient holds multiple insurance policies, coordinating benefits accurately is essential. Properly managing the benefits between primary and secondary insurers helps prevent claim denials.

Claims can be denied if the patient’s insurance coverage has expired or does not cover the billed service. Verifying eligibility beforehand is crucial to avoid such issues.

Billing errors—such as incorrect patient or provider information, coding mismatches, or simple typos—can lead to claim denials. Ensuring accuracy in all billing details is essential to avoid such setbacks.

Streamlined ERA & EFT Enrollment Services

Streamline your healthcare revenue cycle through our professional ERA (Electronic Remittance Advice) and EFT (Electronic Funds Transfer) enrollment services. As a trusted partner in payment posting solutions, we simplify the integration of ERA and EFT into your financial systems—minimizing manual errors and accelerating cash flow.

Our customized approach addresses the unique operational needs of your practice, ensuring full compliance with industry standards and regulatory requirements. With secure, scalable, and seamless integration, we prioritize the protection of your sensitive financial data.

Experience improved financial performance, reduced administrative workload, and greater focus on what matters most—delivering exceptional care to your patients.

Our Payment Posting Process

Retrieve Payment Data

Payment details are gathered from multiple sources, including Electronic Remittance Advice (ERA) for insurance reimbursements and receipts or statements for patient payments.

Verification and Matching

Cross-check the received payment information with the related claims or invoices to confirm accuracy. Ensure that the payment amounts align with the expected values based on the processed claims.

Claims Payment Logging

Input payment details into the healthcare provider’s financial system, including the payment amount, date of payment, and any pertinent information from the remittance advice or payment receipt.

Remittance Allocation

Assign payments to the appropriate claims or invoices, ensuring each payment is accurately matched to the specific service or procedure it corresponds to. This process ensures proper reconciliation and accurate financial records.

Adjustments and Write-Offs

Process any required adjustments, such as contractual allowances or write-offs, according to the details outlined in the remittance advice or payment receipt. These adjustments reflect the negotiated rates between the healthcare provider and the payer.

EOB Posting (Explanation of Benefits)

Payment details are obtained from multiple sources, such as Electronic Remittance Advice (ERA) for insurance payments and receipts or statements for patient payments.

Reconciliation

Payment information is received from various sources, including Electronic Remittance Advice (ERA) for insurance payments and receipts or statements for patient payments.

Reporting

Payment information is collected from multiple sources, including Electronic Remittance Advice (ERA) for insurance payments, as well as receipts and statements for patient payments.

Integration with Financial Systems

Incorporate payment posting data into the healthcare provider’s financial and billing systems to ensure accurate reflection of payment details within the provider’s records.

Communication

Communicate any significant findings or discrepancies to relevant stakeholders, such as billing and finance teams, to facilitate effective resolution.

Partner With LoopMedix for Reliable Medical Billing Support


Boost your clinic’s financial health with a dedicated billing expert. In-house medical billing often leads to costly mistakes and delayed reimbursements that disrupt your cash flow. LoopMedix takes the burden off your team by managing the entire billing process — from claims submission to collections — while providing real-time reports and actionable insights. Partner with LoopMedix to streamline your revenue cycle and build a stronger financial foundation for your clinic.

Billing analysis

Hear From Our Clients

Dr. Amanda Greene
Pediatrician
Our billing workflow has improved tremendously. Denials are down, and I can focus more on patient care than chasing payments.
Dr. James Patel
Cardiologist
The RCM support we’ve received has made a noticeable difference in how quickly we get reimbursed. Their team is sharp and proactive.
Dr. Linda Nguyen
Dermatologist
Their solutions helped eliminate billing confusion for both staff and patients. I’ve seen a clear boost in our collection rates.
Dr. Samuel Brooks
Orthopedic Surgeon
Exceptional service. Claim turnaround is faster, and their attention to detail has reduced my administrative stress significantly.
Dr. Olivia Hart
Mental Health Specialist
Their billing team truly understands the sensitivity and complexity of mental health claims. Our reimbursement rate has improved dramatically.
Dr. James Patel
Dentist
I’ve finally found a revenue cycle partner that understands dental codes. Billing is smooth and denials are down significantly.
Dr. Hannah Lee
Physical Therapist
Their attention to detail with modifiers and therapy caps has helped us get paid faster and more accurately. Great team!
Dr. Marcus Vance
Chiropractor
Working with them has made my chiropractic practice more profitable. Fewer denials, faster payments, and less stress overall.
LoopMedix Logo

Your reliable partner for tech-driven medical billing and efficient revenue cycle management.

Get In Touch

+1 (847) 834-6511
[email protected]

Services

Medical Billing Medical Coding Credentialing Denial Management Payment Posting A/R Follow-Up Insurance Eligibility Healthcare Marketing

Other Links

About Us Contact Us EHR Softwares

Copyright © 2025 LOOP MED AND TECH. All Rights Reserved.