The Payment Posting Specialist is responsible for accurately posting and reconciling payments from insurance companies and patients into the billing system. This role ensures the integrity of patient accounts and supports overall revenue cycle performance by identifying discrepancies, denials, and underpayments.
Key Responsibilities:
Post insurance and patient payments (EOBs, EFTs, checks, credit card payments) accurately and timely in the practice management or billing system.
Apply adjustments, write-offs, and denials in accordance with payer contracts and company policies.
Balance and reconcile daily deposits with payment batches to ensure accuracy.
Research and resolve payment discrepancies, misapplied payments, and unidentified funds.
Post manual and electronic remittance advice (ERA) and reconcile with bank deposits.
Coordinate with billing, collections, and AR teams on issues related to payment variances and denials.
Maintain accurate and up-to-date records of all payment activity for auditing purposes.
Communicate with payers and patients as needed to clarify payment-related issues.
Identify trends in denials or underpayments and escalate appropriately.
Ensure compliance with HIPAA and other healthcare regulatory standards.
Please share your resume to ssangar@scale-healthcare.in
Job Type: Full-time
Pay: ?200,000.00 - ?300,000.00 per year
Work Location: In person
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