Payment Posting

6 months ago


Mysuru Karnataka, India Forefront Healthcare Pvt Ltd Full time

**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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