The Advance Payment is not Posted
If the Advance Payment is not Posted, and you do not plan to post it, follow the steps below to post the Recoupment.
ERA Advance Payment Recoupment
Post the payments on the ERA first. Follow the steps below to post the Recoupment.
On the ERA File Dashboard screen, click Attach a New Receipt.
Enter the amount of the Recoupment as a negative number.
Disbursed: If you don't have a disbursement code set up, click on the Lookup icon to create a new Disbursement Code. If there is a disbursement code that has been already set up, skip steps 4 though 8 and choose the Disbursement Code from the Lookup.
Cllick Add.
Enter Code and Description
Click Save or press F2.
Choose the Disbursement Code from the list.
Click Save [F2].
If all payments have been posted and the recoupment disbursement has been done, the ERA should balance with nothing left in Escrow.
Related Articles
The Advance Payment was Posted Previously
The charge was entered with a zero dollar fee On the Encounter where the Advance Payment was posted, the charge was entered with a zero dollar amount. Post the Adjustment using the instructions for Post a Medicare Advance Payment, Recoupment, and ...Post a Medicare Advance Payment and Adjustment
To prevent the Payment from affecting your A/R, the Payment and Adjustment can be posted at the same time. This will bring the encounter balance to zero on the Medicare Advance "fictitious" patient. Post to an ERA There will be a message in red ...Medicare Advance/Accelerated Payments and Recoupments
Due to practices being closed during the COVID 19 Pandemic, providers were able to request Accelerated Payments from Medicare in lieu of claims. Repayment begins one year starting from the date the accelerated or advance payment was issued. Medicare ...Post a Medicare Advance Recoupment
To prevent the Recoupment from affecting your A/R, the Recoupment and Adjustment can be posted at the same time. This will bring the encounter balance to zero on the Medicare Advance "fictitious" patient. Post an ERA Recoupment There will be a ...Pre-Payments
This feature is new in Release 4.10. Until you your database gets the release, you will use the existing Pre-Payment process: (Prepayment Setup and Post a Pre-Payment) If a Patient is paying advance for a Procedure that will be performed at a later ...