Billing TipsFebruary 17, 2025
The EOB Tells You More Than Whether You Got Paid
The Explanation of Benefits is a goldmine of information if you know how to read it. Learn what to look for beyond the payment amount to catch errors and recover revenue.
Most practices file claims and wait. But the Explanation of Benefits — from both the payer and patient — is a goldmine of information if you know how to read it.
What to look for beyond the payment amount:
- - Adjustment codes: Why was payment reduced? Contractual? Coordination of benefits?
- - Remark codes: Is the payer asking for more info?
- - Patient responsibility: Is the balance correct based on your fee schedule and contract?
- - Coordination of benefits flags: Is a secondary payer supposed to pick this up?
A practice that reviews EOBs systematically catches errors that silent posting misses.
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