Payment posting is most efficient, and error-free, when the process is automated. Automated means an electronic interface that drops payments directly into the practice management system when remittances are received from the payer(s). This allows more time for office staff to not engage in time consuming payment posting. Not all payments automatically show up in the practice management system, and those types of errors can still occur. Adjustments can be entered manually in order to resolve this problem.
Fruition Billing will then also verify all payments have been entered in accurately and are reconciled. This includes checking to see that the payment has either been denied or paid and any contractual adjustments are correct.