RCMS Posting Associate I

5 hours ago

vadodara, India Qualifacts Full time

Job Description:Key Responsibilities:1. Accurate Payment Posting:- Accurately post all insurance and patient payments by line item using medical claim billing software.2. Meeting Payment Posting Deadlines:- Meet deadlines for posting payments to ensure timely reconciliation of accounts receivable.3. Interpretation of Explanation of Benefits (EOBs):- Read and interpret insurance EOBs to reconcile payments, denials, and adjustments for accurate posting.4. Attendance at Staff Meetings and Educational Sessions:- Regularly attend monthly staff meetings and participate in continuing educational sessions to stay informed about industry updates and best practices.5. Additional Duties as Requested:- Perform additional duties as requested by the supervisory or management team to support departmental objectives.6.Training and solving queries:- To help the team with their queries and concern, help the team to reach their goals and required accuracy while posting.  7. HIPAA Compliance: - Follow HIPAA guidelines and maintain patient confidentiality when handling sensitive information during payment posting processes.8. Data Security and Integrity: - Maintain the security and integrity of practice data being worked on to protect sensitive information and comply with regulatory requirements.9. Revenue Cycle Performance Analysis: - Obtain a clear view of revenue cycle performance through accurate payment posting and data analysis.10. Policies and Procedures Development:- Develop exhaustive policies and procedures for write-offs and adjustments to ensure consistency and compliance in financial transactions.Qualifications:- High school diploma or equivalent; associate or bachelor's degree in healthcare administration, Commerce/Arts or related field preferred.- Minimum of 0 to 1 years of experience in medical billing or revenue cycle management, with a focus on payment posting.- Strong attention to detail and accuracy in data entry and payment reconciliation.- Knowledge of medical billing software and electronic health record (EHR) systems.- Familiarity with insurance EOBs and payment reconciliation processes.- Understanding of HIPAA regulations and patient privacy requirements.- Excellent communication and interpersonal skills.- Ability to work independently and collaboratively in a fast-paced environment.- Commitment to meeting deadlines and achieving departmental goalsQualifacts is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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