Payment Posting

6 months ago

Hyderabad Telangana, India vMD tech assist Pvt LTD Full time

vMD tech assist Pvt Ltd is hiring PAYMENT POSTING SPECIALIST.

minimum experience of 1 year.

Overview:
The Payment Posting Specialist is responsible for accurately recording and posting payments received from patients, insurance companies, and other payers into the healthcare organization's billing system. This role plays a crucial part in revenue cycle management by ensuring that payments are applied correctly, reconciling accounts, and maintaining accurate financial records. The Payment Posting Specialist collaborates with billing, accounts receivable, and finance departments to facilitate timely and accurate processing of payments.

Key Responsibilities:
1. Payment Processing:

- Receive and process payments, including checks, credit card payments, electronic funds transfers (EFT), and Explanation of Benefits (EOB) payments.
- Accurately post payments to patient accounts and insurance claims in the billing system according to established procedures.
- Verify payment details, including payer information, payment amounts, and dates, to ensure accuracy and completeness.

2. Reconciliation and Balancing:

- Reconcile payments posted against billing statements, remittance advices, and other payment documents to ensure accuracy and completeness.
- Investigate and resolve discrepancies or variances in payment amounts, posting errors, or missing payments.
- Balance daily payment batches and reconcile accounts receivable transactions to ensure accurate financial reporting.

3. Denial and Underpayment Management:

- Identify and flag denials, underpayments, and partial payments for further review and resolution.
- Work with billing and collections teams to investigate and address payment discrepancies, claim rejections, and payment posting errors.
- Follow up with payers to appeal denied claims, request additional information, or resolve underpayment issues.

4. Documentation and Reporting:

- Maintain detailed records of payment posting activities, including batch summaries, reconciliation reports, and payment adjustments.
- Generate reports and summaries of payment posting metrics, trends, and performance for management review.
- Provide analysis and insights on payment posting trends, discrepancies, and opportunities for process improvement.

5. Communication and Collaboration:

- Communicate effectively with internal departments, including billing, accounts receivable, and finance, to resolve payment-related issues and discrepancies.
- Collaborate with insurance companies, third-party payers, and payment processors to address payment inquiries and resolve outstanding balances.
- Provide support and assistance to billing and collections teams in identifying and resolving payment-related challenges.

Qualifications:

- Bachelor's or master's Degree (Preferrable) in life sciences, finance or business administration.
- 1-2 years of experience in healthcare payment posting, accounts receivable, or related field.
- Proficiency in medical billing and payment processing systems, such as Epic, Cerner, or Meditech.
- Knowledge of healthcare payment methodologies, including fee schedules, insurance contracts, and reimbursement policies.
- Strong attention to detail and accuracy in data entry and reconciliation tasks.
- Excellent analytical and problem-solving skills, with the ability to identify and resolve payment discrepancies.
- Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and external stakeholders.

**Job Types**: Full-time, Fresher

**Salary**: ₹20,000.00 - ₹50,000.00 per month

**Benefits**:

- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund

Schedule:

- Day shift
- Night shift

Supplemental pay types:

- Yearly bonus

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

  • Payment Posting

    6 months ago

    Hyderabad, Telangana, India 3G HR SERVICES Full time

    **Job Title**: Payment Posting - Medical Billing The main role of a Medical Billing executive is to ensure health providers are paid for medical services rendered. They are responsible for the accurate flow of medical information and patient data between physicians, patients, and third-party payers. **Experience Range**:1 - 2 years **Salary**:upto 30k in...

  • Payment Posting

    3 months ago

    Hyderabad, Telangana, India futurerole.inc Full time

    The main role of a Medical Billing executive is to ensure health providers are paid for medical services rendered. They are responsible for the accurate flow of medical information and patient data between physicians, patients and third-party payers. Experience Range: 1 - 2 years Educational Qualifications: Any graduation, Job Responsibilities: - The...

  • Payment Posting

    4 weeks ago

    Banjara Hills, Hyderabad, Telangana, India Doctus Software Solutions pvt ltd Full time

    **Job - Responsibilities**: 1. Process payments received from various sources including insurance companies, patients, and third-party payers. 2. Accurately post payments to patient accounts in accordance with established procedures and guidelines. 3. Reconcile payments received with accounts receivable records to ensure accuracy. 4. Investigate and...

  • Payment Posting

    6 months ago

    Hyderabad, Telangana, India iSpace Full time

    **No transport - Transport allowance will be provided.** **Night shifts** **Payment Posting Job Description** - Good understanding of EOBs - Analyze and post payments and adjustments to the client billing system - Responsible for all possible posting errors and Ensure accurate processing of all transactions - Reviewing and adjusting the claim and the...

  • Payment Posting

    6 months ago

    Hyderabad, India 3G HR SERVICES Full time

    **Job Title**: Payment Posting - Medical Billing The main role of a Medical Billing executive is to ensure health providers are paid for medical services rendered. They are responsible for the accurate flow of medical information and patient data between physicians, patients, and third-party payers. **Experience Range**:1 - 2 years **Salary**:upto 30k in...

  • Charges Entry and Payment Posting

    6 months ago

    Hyderabad, India 3G HR SERVICES Full time

    **Job Title**: Payment Posting - Medical Billing The main role of a Medical Billing executive is to ensure health providers are paid for medical services rendered. They are responsible for the accurate flow of medical information and patient data between physicians, patients, and third-party payers. **Experience Range**:1 - 2 years **Salary**:upto 30k in...

  • Payment Poster

    6 months ago

    Banjara Hills, Hyderabad, Telangana, India DOCTUS DATA SERVICES PVT LTD Full time

    **Job - Responsibilities**: 1. Process payments received from various sources including insurance companies, patients, and third-party payers. 2. Accurately post payments to patient accounts in accordance with established procedures and guidelines. 3. Reconcile payments received with accounts receivable records to ensure accuracy. 4. Investigate and...

  • Payment Poster

    6 months ago

    Banjara Hills, Hyderabad, Telangana, India DOCTUS DATA SERVICES PVT LTD Full time

    **Job - Responsibilities**: 1. Process payments received from various sources including insurance companies, patients, and third-party payers. 2. Accurately post payments to patient accounts in accordance with established procedures and guidelines. 3. Reconcile payments received with accounts receivable records to ensure accuracy. 4. Investigate and...

  • Medical Payment Poster- Us

    2 months ago

    HITEC City, Hyderabad, Telangana, India Dynamic Solution Full time

    **Job Title**:Demographic, Charge Entry & Payment Posting Executives** **Location**: Hitech City, Hyderabad **Company**: Medco Global Services. **About Medco Global Services.** Medco Global Services is a leading health technology company dedicated to bring innovations in revenue cycle management. We provide a range of services to providers and healthcare...

  • Business Execution Associate

    3 months ago

    Hyderabad, Telangana, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking a Business Execution Associate. **In this role, you will**: - Participate in planning and executing a variety of programs, services, and initiatives, and monitor key indicators to ensure effective performance and control management of assigned operations or business groups - Review basic initiatives including...

  • Customer Payments Operations Processor

    6 months ago

    Hyderabad, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking an Operations Processor... **In this role, you will**: - Perform moderately complex operations duties in support of either a service center or department environment - Require considerable knowledge of company personnel policies and practices - Collect data and prepare related operational reports - Prepare input...

  • Director, Investigator Payments

    4 weeks ago

    Hyderabad, India Parexel Full time

    When our values align, there's no limit to what we can achieve.   Job Purpose:   The Director, Investigator Payment Office (IPO) is accountable for the performance and delivery of their aligned IPO function. They will support in managing the timely and accurate setup of funds and payments across Investigator sites. Lead the development,...

  • Accounts Executive

    3 months ago

    Hyderabad, Telangana, India Radiance Areo Hospitality Service Pvt Ltd Full time

    Location: Hyderabad This position reports to the Manager - Finance & Accounts. Executive Roles & Responsibility - Posting of Good Purchases entries. - Posting of Airport Invoices. - Preparing data for GST Filing. - Preparing data for TDS Filing. - Preparing Daily Fund Flow Report. - Preparing Vendor Outstanding and preparing payment file (Regularly) -...

  • Accounts Receivable

    6 months ago

    Hyderabad, Telangana, India Agro Tech Foods Limited Full time

    **Responsibilities** Preparation of all Bank’s BRS on Monthly basis. - Posting of All BPV’s & maintaining Proper register. - Handling of Petty cash. - TDS-26AS Reconciliation on Quarterly basis. - GSTR-1 Reconciliation on 15th of every month. - Weekly Payments verification & uploading in bank portal. - verification & Posting of all Credit card related...

  • Collection Executive

    6 months ago

    Hyderabad, Telangana, India AADITRI HOUSING PVT LTD Full time

    Aaditri Housing Private Limited is a Hyderabad based real estate Company established in the year 2016 (Privatized in 2016 but in market since 2006). The Company has traversed a path of steady growth & expansion and has posted increasing turnover and profits year after year. The systems have been strengthened and new processes have been added. It’s been...

  • Charge Entry

    6 months ago

    Hyderabad, Telangana, India 3G HR SERVICES Full time

    **Job Title**: Payment Posting - Medical Billing The main role of a Medical Billing executive is to ensure health providers are paid for medical services rendered. They are responsible for the accurate flow of medical information and patient data between physicians, patients, and third-party payers. **Experience Range**:1 - 2 years **Salary**:upto 30k in...

  • Sales Operations

    6 months ago

    Hyderabad, Telangana, India Triedge Solution Full time

    **Position: - **Sales Operations (ONLY FOR MEN) - **Education Level: - **Post PG / Doctoral Level (Degree Course(s)), Post Graduate Level (Degree Course(s)), Under Graduate/Post School (Degree Course(s)) - **Gender: - **Male **Qualifications: - ** - Any Graduate. - Proven experience in sales operations, preferably in the education or technology...

  • Ar Caller

    6 months ago

    Hyderabad, Telangana, India Edurun Virtuoso Services Private Limited Full time

    **Experience: 0-1 year** **Requirements**: - Preferred Certifications: CPMB (Certified Professional Medical Biller) or CPB - Essential: In-depth knowledge of RCM (Revenue Cycle Management) - Strong communication skills - Proficiency in EOB (Explanation of Benefits) posting and payment posting **What We Offer**: - Competitive salary, among the best in the...

  • Ar Caller

    4 months ago

    Hyderabad, Telangana, India EduRun Virtuoso Services Pvt Ltd Full time

    Experience: 0-1 year Qualifications: - **Certification**: CPMB (Certified Professional Medical Biller) or CPB preferred. - **Knowledge**: Must have a solid understanding of Revenue Cycle Management (RCM). - **Skills**: Strong communication abilities. - **Proficiency**: Experience with Explanation of Benefits (EOB) posting and payment posting. What We...

  • Medical Biller

    3 months ago

    Hyderabad, Telangana, India EduRun Virtuoso Services Pvt Ltd Full time

    Experience: 0-1 year Qualifications: - **Certification**: CPMB (Certified Professional Medical Biller) or CPB preferred. - **Knowledge**: Must have a solid understanding of Revenue Cycle Management (RCM). - **Skills**: Strong communication abilities. - **Proficiency**: Experience with Explanation of Benefits (EOB) posting and payment posting. What We...