Payment Reconciliation

Payment Reconciliation

Payment Reconciliation is a critical part of the revenue cycle that ensures all payments received from insurance companies and patients match the billed amounts. At New Era MBS, we meticulously review Explanation of Benefits (EOBs), Electronic Remittance Advice (ERAs), and payment records to identify discrepancies, underpayments, or denials. Our team promptly addresses any mismatches or unresolved balances, helping providers maintain accurate financial records and maximize revenue. By streamlining this process, we reduce administrative burdens and ensure complete transparency and accountability in every transaction.