RDC PAYMENT POSTING REPORT
RDC PAYMENT POSTING REPORT
RDC Payment Posting Report
Summary:
The RDC Payment Posting Report is a tool designed to track and document the posting of payments received. It includes key information such as the file name of the check, payment type (usually a check), batch amount (total payments from multiple patients), check amount (individual patient payments), pending amount (expected amounts), posted amount (amount posted on the account), EOB amount (patient payment for the claim), insurance company name, patient status (posted or pending), check number, and date of service.
The report provides a detailed breakdown of each payment, indicating whether money has been received, the status of each patient's payment, and any discrepancies that may arise, such as checks issued directly to patients resulting in a $0 posted amount. This information is crucial for tracking and reconciling payments, ensuring accurate accounting and follow-up on outstanding balances.
By utilizing the RDC Payment Posting Report, healthcare providers can effectively manage their revenue cycle, streamline payment posting processes, and enhance financial transparency. The report serves as a comprehensive record of payments received, helping to identify trends, discrepancies, and areas for improvement in payment processing and reconciliation.
