How GladMedRCM Ensures Every Dollar is Accounted For with Accurate Payment Posting & Reconciliation
You can’t manage what you don’t measure — and in healthcare revenue cycle management, that means tracking every payment down to the penny. When payments are posted incorrectly, underpayments go unnoticed, denials get written off too quickly, and practices unknowingly leave revenue on the table.
At GladMedRCM, we take a meticulous approach to Payment Posting & Reconciliation, ensuring your financial records are accurate, your revenue is protected, and no payment slips through the cracks.
Turning Payments into Actionable Insights
Every time a payment hits your system — whether from insurance or a patient — our team gets to work.
We post payments line by line, applying:
- Insurance payments
- Patient copays and out-of-pocket payments
- Adjustments (contractual, write-offs, denials)
- Deductibles and coinsurance balances
But we don’t stop at posting — we verify that each payment matches what you were supposed to be paid, based on your fee schedule and payer contracts.
Catching Underpayments Before They Cost You
Underpayments often fly under the radar. Many providers lose 2–5% of net revenue because of missed discrepancies, small write-offs, or incorrect payer rates.
GladMedRCM flags these issues by:
- Comparing payments against your contracted rates
- Identifying coding or rate mismatches
- Escalating short-pays or incorrect adjustments for correction
- Initiating appeals when appropriate
Even small variances add up over time. We make sure you get paid correctly — every time.
Full Visibility Across Insurance and Patient Payments
We post all patient payments too — from front-desk collections to online statement payments — so your patient balances stay up to date and accurate.
Every adjustment we enter is clearly categorized, whether it’s:
- A contractual adjustment
- A true denial
- A patient responsibility shift
- A partial payment
This clarity empowers you to see exactly what’s been paid, what’s outstanding, and why.
Reconciling Payments with Bank Deposits — No Gaps, No Guessing
Posting is only part of the picture. Our reconciliation process ensures that payments received match deposits made into your bank account — and that every payment corresponds to the correct claims and remittance advice.
If something doesn’t match, we investigate. For example:
- An EFT total doesn’t align with its ERA
- A claim is marked paid in the payer portal, but no deposit shows
- An ERA is missing for a processed claim
We don’t let those issues sit — we chase them down before revenue is lost.
Denials Are Not the End — They’re a Task to Resolve
When denials or partial payments show up during posting, we flag them immediately for our denial management team — not just write them off unless they’re true contractual adjustments. This way, nothing that can be appealed, corrected, or recovered gets ignored.
We also manage:
- Credit balances
- Overpayments
- Refund reports (for patients and insurers)
This keeps your books clean, your compliance tight, and your patients satisfied.
Know Your Numbers — And Trust Them
With GladMedRCM handling payment posting and reconciliation, you get:
- Real-time visibility into payments and balances
- Accurate reporting on collection rates, A/R days, and cash flow
- Fewer errors, fewer surprises, and greater financial control
We act as your financial safety net, catching every potential error or mismatch before it impacts your revenue.
Don’t Let Money Fall Through the Cracks
When your payment posting is precise, your reporting is reliable — and your revenue grows. Let GladMedRCM bring discipline and accuracy to your Payment Posting & Reconciliation, so you can stop chasing dollars and start collecting them with confidence.
Ready to tighten your revenue cycle and take control of your cash flow? Let’s talk