The term “payment posting” describes the process of examining payments and the financial status of a medical business. Additionally, it alludes to recording payments in the medical billing process. It offers a perspective on patient payments, insurance checks from ERAs, and insurance payments in EOBs.

Payment posting services record and update payments received by a medical business from patients, insurance companies, or other third parties. The process involves: Identifying the payments received, Matching the payments with the corresponding patient accounts, and Updating the financial records.