Payment Processing Associate

3 weeks ago


Vizag, Andhra Pradesh, India 2coms Full time

About the Role at 2coms

The Payment Posting Specialist plays a vital role in our Revenue Cycle Management team. This position involves accurately and efficiently processing patient payments within our medical billing system. We seek a candidate with a strong attention to detail, excellent data entry skills, and a commitment to ensuring timely and accurate payment processing.

Key Responsibilities

  • Payment Processing: Accurately and timely post patient payments, including paper EOBs, checks, virtual credit card payments, and EFT/ERAs.
  • Data Entry: Efficiently input payment information into the medical billing system, ensuring data accuracy and integrity.
  • Verification: Verify payment information against patient accounts and insurance coverage to prevent errors and discrepancies.
  • Research and Resolution: Investigate and resolve payment discrepancies or posting errors in a timely manner.
  • Compliance: Adhere to all relevant regulatory guidelines and company policies related to payment posting.
  • Reporting: Prepare and submit required payment posting reports, including recoupments and bank reconciliation.
Qualifications
  • Minimum 12 years of experience in medical billing or a related field.
  • Strong attention to detail and accuracy.
  • Excellent data entry skills and proficiency in Microsoft Office Suite.
  • Knowledge in bank reconciliation.
  • Ability to work independently and as part of a team.
  • Strong organizational and time management skills.
  • Knowledge of medical terminology and insurance billing practices.


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