Payment Posting Specialist - Revenue Cycle Management - Vizag
Payment Posting Specialist - Revenue Cycle Management - Vizag
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Salary Not Disclosed
1 Vacancy
Job Description
About the Role
The Payment Posting Specialist is a crucial member of our Revenue Cycle Management (RCM) team. This role involves accurately and efficiently posting patient payments to the appropriate accounts within our medical billing system. The ideal candidate will possess strong attention to detail excellent data entry skills and a commitment to ensuring the timely and accurate processing of patient payments.
Key Responsibilities
- Payment Posting: 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 preferred.
- 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 is a plus.
- Knowledge in CMS Workers Compensation and NoFault medical claims and payments is a plus.
Employment Type
Full Time
