
Payment Posting
1 week ago
**Payment Posting Executive Job Description**:
- The Medical Payment Posting & Reconciliation Specialist will manage collection of payments for all designated payer’s and designated locations in order to meet and maintain revenue logs.
Payment posters will monitor A/R aging, accessing the accounts for further attention by involving the A/R; collect balances to ensure statements are processed and paid promptly. He/she will also manage and reconcile all payments, sorting and capturing mail documents; make sure it is posted into the patient’s account with the correct amount and adjustment.
**Key Responsibilities area of Payment poster**
- Post all personal, insurance and liability payments from Remittance and EOBs to appropriate
accounts with minimum errors.
and Commercial Insurances.
- Analyze EOB information, including co-pays, deductible, co-insurance, contractual adjustments,
denials and more to the accuracy of patient balances.
- Upload all EOBs into the system and create softcopy files for original EOBs by day.
- Add appropriate CARC and RARC denial codes and comments to assure all necessary appeals and
post payment follow up.
- Reconcile shortage on both paper and electronic EOBs to determine proper allowance and
correct Adjustments.
- Assist in updating the Direct Bank Deposit Daily and monthly.
- Send all batch reconciliation information to the operations department to ensure the account
health.
- Maintain the payment posting log and posting tracker to avoid financial issues for account
health.
- Prepare a track of overpayment and refund cases to analyze the correct and accurate revenue of
the practice.
- Run a batch of patient’s unapplied credit to ensure and prepare the accurate data of patient
statements.
**Requirements and skills**
in healthcare organizations.
- Data entry skills and working knowledge of computers is required.
- Proficient in examining documents for accuracy and completeness
- Ability to multitask and manage time effectively.
- Ability to handle payment in accordance with detailed instructions
- Solid understanding of billing software and electronic medical records.
- Excellent written and verbal communication skills.
- Strong attention to detail and ability to work accurately in a fast-paced environment.
Location: Ahmedabad (Full-time Opportunity)
**Experience**: 0 to 1 year
**Shift Timing**: 11AM to 8 PM & 12PM to 9PM
Pay: ₹15,000.00 - ₹20,000.00 per month
**Benefits**:
- Health insurance
Schedule:
- Day shift
- Monday to Friday
Supplemental Pay:
- Overtime pay
- Yearly bonus
Work Location: In person
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