Payment Posting
6 months ago
**Responsibilities**:
**Payment Posting Oversight**:
Ø Supervise and lead a team responsible for accurately posting payments from insurance companies, government payers, and patients.
Ø Ensure adherence to established posting guidelines and regulatory requirements.
**Reconciliation and Accuracy**:
Ø Oversee the reconciliation of payments to corresponding claims and billing records.
Ø Implement processes to identify and address discrepancies in payment posting.
**Denial Resolution**:
Ø Collaborate with the denial management team to resolve payment-related denials promptly.
Ø Analyse denial trends and work towards preventing future payment issues.
**Team Leadership**:
Ø Provide guidance, training, and mentorship to payment posting team members.
Ø Foster a collaborative and results-driven team environment.
**Quality Assurance**:
Ø Implement and maintain quality assurance processes to ensure the accuracy and integrity of payment posting.
Ø Conduct regular audits and provide feedback for continuous improvement.
**Process Optimization**:
Ø Identify opportunities to streamline payment posting workflows and enhance overall efficiency.
Ø Collaborate with cross-functional teams to implement process improvements.
**Reporting and Analysis**:
Ø Generate and analyze reports related to payment posting performance.
Ø Provide regular updates to management on key performance indicators and areas for improvement.
**Compliance**:
Ø Stay informed about changes in payment regulations and compliance requirements.
Ø Ensure that payment posting processes align with industry standards and regulations.
**Qualifications**:
- Bachelor’s degree in accounting, Finance, Healthcare Administration, or a related field.
- Extensive experience in payment posting within the healthcare domain.
- In-depth knowledge of healthcare payment systems, including EOBs, remittance advice, and electronic funds transfer.
- Strong leadership and team management skills.
- Detail-oriented with a focus on accuracy in payment reconciliation.
- Excellent communication and interpersonal skills.
- Proficient in using payment posting software and electronic health record (EHR) systems.
**Benefits**:
- Provident Fund
Schedule:
- Day shift
- Monday to Friday
- Night shift
- US shift
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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