How to Track Insurance Reimbursements Accurately in a Medical Office
Getting paid by insurance companies is one of the most frustrating parts of running a medical practice. Payouts come late, in inconsistent batches, and often with unclear explanations. That’s why tracking insurance reimbursements accurately is essential to your clinic’s cash flow and financial clarity.
Download Our Free Brochure →Why Reimbursement Tracking Matters
- Ensures income is recognized only when paid-not just billed
- Reconciles what was billed vs. received
- Flags underpaid or denied claims for follow-up
- Aligns medical billing with real-world accounting
Common Challenges
- Delayed payments or partial reimbursements
- Denied claims that go unnoticed
- Disconnect between EHR and QuickBooks
- Revenue recorded based on invoices-not actual deposits
Test Case
A family medicine clinic billed $80,000 in services over three months, but only $64,000 was received. After implementing reconciliation:
- $7,200 in underpaid claims were identified and resubmitted.
- $1,800 in write-offs were documented and explained
- The clinic gained month-by-month visibility into payer performance
Tools and Process
- Compare billing reports from your EHR (e.g., Kareo, DrChrono) to bank deposits
- Use clearing accounts in QuickBooks to track incoming payments
- Reconcile monthly by payer (Blue Cross, Aetna, Medicaid, etc.)
Struggling to track reimbursements? Our healthcare bookkeeping services include insurance reconciliation and monthly reporting.
Healthcare Clinic Bookkeeping Services Across States
Healthcare Clinic Bookkeeping Services Across Key ZIPs
FAQs
Can you track insurance reimbursements by payer?
Yes. We help clinics evaluate collection rates and follow up on low-performing carriers.
What if we use a billing company?
We work alongside your billing team to reconcile reported revenue to actual bank deposits.
Do you offer monthly variance reports?
Download Our Free Brochure →Yes. We show billed vs. received amounts, adjusted by write-offs or pending claims.
Don’t leave thousands on the table. Get accurate, audit-proof reimbursement tracking with RemoteBooksOnline.
