Payment Processor

1 month ago


Chennai, Tamil Nadu, India People First Consultants Full time

Job Role: Payment Posting

Required Experience: 37 years

Job Description:

Work Mode: Office-based, Monday to Friday

Key Responsibilities:

Payment Entry:

  • Accurately post payments to the practice management system, including:
    • Live checks within 24 hours
    • Online Credit Card payments by the next business day
    • EFT deposits within 72 hours
  • Record batch totals with date and initials on the payment receipt spreadsheet.
  • Balance batches and run transaction reports.
  • Verify that all EFT deposits and scanned checks are posted by month-end.
  • Document and communicate payment denials promptly in the practice management system to the appropriate billing representative.
  • Identify and report any payments not matching the allowed/contracted amount to the AR 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, federal programs, etc.

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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