Payment Processor

6 days ago


Chennai, Tamil Nadu, India People First Consultants Full time

Job Title: Payment Posting

Job Summary: We are seeking a highly skilled Payment Posting professional to join our team at People First Consultants.

About the Role: In this position, you will be responsible for accurately posting payments to our practice management system. Your duties will include processing live checks within 24 hours, online credit card payments by the next business day, and EFT deposits within 72 hours. You will also record batch totals with date and initials on the payment receipt spreadsheet, balance batches, and run transaction reports.

Key Responsibilities:

  • Post payments accurately and efficiently to the practice management system.
  • Process live checks, online credit card payments, and EFT deposits in a timely manner.
  • Record batch totals and balance batches to ensure accuracy.
  • Run transaction reports to identify any discrepancies.
  • Verify that all EFT deposits and scanned checks are posted by month-end.
  • Document and communicate payment denials promptly to the billing representative.
  • Identify and report any payments not matching the allowed/contracted amount to the billing representative.
  • Batch patient statements electronically on a weekly basis.
  • Create invoices for attorney fees and coordinate with the physician's office upon payment receipt.

Department Coverage:

  • Provide cross-coverage for charge entry when necessary.
  • Stay updated on medical billing and coding procedures, insurance carriers, and federal programs.

Qualifications:

  • Minimum of three years of experience in Payment Posting.
  • Ability to handle a high volume of work while maintaining attention to detail and accuracy.
  • Strong oral and written communication skills.

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