What is an EOB? 𝄀 How to read it

"What is an EOB and how can you read it? It must be one of the most important things you may ask as a healthcare entrepreneur, as this document will allow your facility to receive money.
In this video, I dive into the essential aspect of an EOB (Explanation of Benefits), also known as EOP or ERA. These documents are pivotal in understanding payment details for submitted claims.
Starting with the question, "What is an EOB?" I break down its significance, illustrating how it showcases detailed claim payments. The EOB is a PDF file accessible from Clearinghouses or provider portals, displaying payment amounts for submitted claims within a specific period.
Understanding how to read an EOB is crucial. I walk you through the document's structure, covering the payment issuance date, check/EFT number, and total payment. We explore claim details, patient information, claim numbers, and service breakdowns, clarifying columns like billed amount, allowed amount, disallowed amount, and total paid amount.
Demonstrating our software's efficiency, I highlight how easy it is to read and reconcile EOBs and claims with just a click. Using our system, you can efficiently track payments and manage accounts receivable, allowing for streamlined reconciliation processes.
Learn what is an EOB and how to read it with us.
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[@sumeetsingh6821]

Nice vidoe

[@passiveworkforce]

Thanks!

[@recruitemy]

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00:01:50 - Co-working Spaces and the New Office Model
00:02:16 - Office Space for Starting a Business
00:02:40 - Affordable Office Spaces
00:03:03 - Running Your Business from Home
00:03:27 - Expressing gratitude

[@manisingh8179]

Nice explained 👍🏻

[@passiveworkforce]

Glad you liked it

[@Karl__Pierre]

Good job

[@passiveworkforce]

Thanks -