MediStreams, a leading provider of healthcare payment and remittance automation solutions, today announced significant enhancements to its Reconciliation solution suite, introducing a new Reconciliation Ledger, expanded Posting Data Summary reporting, and advanced Unidentified Matching workflows designed to help healthcare organizations improve reconciliation visibility, accelerate research, and ensure every payment is accurately accounted for.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260608394760/en/
The new MediStreams Reconciliation Ledger feature provides a unified view of payment, remittance, deposit, and posting activity from a single screen.
The latest release provides revenue cycle and finance teams with new tools to investigate reconciliation discrepancies, track payment status, and resolve unmatched posting activity more efficiently.
“These enhancements address some of the most persistent challenges healthcare organizations face when reconciling payments and remittances,” said John Koch, Co-Founder and COO, MediStreams. “Finance and revenue cycle teams need immediate visibility into payment status, faster ways to research discrepancies, and confidence that every dollar can be traced through the reconciliation process. By combining automation, AI-assisted matching, and real-time visibility, these new capabilities help organizations account for every payment with greater speed and accuracy.”
New Reconciliation Ledger Delivers End-to-End Payment Visibility
The new Reconciliation Ledger provides a unified view of payment, remittance, deposit, and posting activity from a single screen, eliminating the need to compare information across multiple reports. Users can:
- View payment and remittance information side-by-side
- Compare banking and remittance data to identify discrepancies
- Determine whether remittances are fully posted, under-posted, over-posted, or pending
The Ledger provides a faster path to reconciliation research, exception resolution, and payment tracking.
Enhanced Posting Data Reporting Improves Financial Visibility
Healthcare organizations often continue posting transactions from prior months, or even prior years, as outstanding payer issues are resolved. The new Posting Data Summary report helps organizations understand how posting activity aligns with deposits and reconciliation activity across time periods. Users can now:
- Review posting activity by month or selected period
- Analyze payment volumes and associated dollar amounts
- Investigate reconciliation gaps between deposits and posted transactions
- Support month-end and financial reconciliation processes with greater accuracy
The report provides a more efficient way to account for posting activity while reducing reliance on spreadsheets and manual analysis.
New Unidentified Matching Workflow Resolves Unmatched Posting Activity
The new Unidentified Matching workflow combines AI-assisted matching logic and specialized grouping views to help organizations reconcile posting activity that exists within their practice management or healthcare information systems but is not associated with payment data previously processed through MediStreams.
These transactions often include patient statement payments, manually posted checks, point-of-service collections, or payment activity originating from external sources. Users can:
- Analyze unidentified posting activity through specialized grouping views
- Locate outstanding payment activity associated with unmatched postings
- Research external payment sources not previously processed through MediStreams
- Ensure posted dollars can be traced and reconciled
The workflow helps organizations account for payment activity regardless of source while reducing reconciliation research time.
Supporting the Future of Healthcare Reconciliation
The new capabilities further expand the MediStreams Reconciliation solution suite, helping healthcare organizations create a more transparent, efficient, and automated approach to payment reconciliation across revenue cycle and accounting operations.
By combining remittance conversion, posting reconciliation, AI-assisted matching workflows, exception management, and real-time visibility, MediStreams helps organizations automatically reconcile more than 99% of payment activity while reducing manual effort, improving financial accuracy, and strengthening confidence in reconciliation outcomes.
MediStreams will showcase these new capabilities during live demonstrations at the HFMA Annual Conference this week in booth #415. Attendees will see firsthand how healthcare organizations are using automation to reduce unapplied cash, improve reconciliation accuracy, eliminate reconciliation guesswork, and help every payment reach the right destination.
For more information about MediStreams and its healthcare payment automation solutions, visit http://www.MediStreams.com.
About MediStreams
MediStreams provides healthcare payment and remittance automation solutions that streamline complex payment workflows. With industry-leading accuracy, real-time visibility, and rapid configurability, the MediStreams platform transforms manual processes into automated workflows that enable healthcare organizations to post and reconcile payments faster, more efficiently, and with greater financial confidence. Learn more at www.MediStreams.com or follow us on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260608394760/en/
Media gallery
