Insurance Payment/ EOB Reconciliation

Posting of insurance payments is a time consuming process. When the practice receives payment and an EOB notice, the information must be recorded by the billing system. Additional complications such as insurance contracts, deductibles, U&C adjustments, and secondary insurances must be easily handled. Some practices will have multiple individuals and/or locations receiving payments. This necessitates maintaining multiple bank deposit slips, each requiring their own reconciliation and posting.

 Samatikos provides the following features to address your scheduling needs:

• From one screen,  Samatikos allows the user to maintain one or more active deposit slips and post an EOB.
• Handle entry of insurance payment, adjustments, explanation codes to record reason for partial and/ or non-payment, and transfer of any remaining balance instructions.