Develop Your Expertise in Payment Posting

₹ 45,000 - 85,000 (Month) | Experience 3 - 7 Years
Time Full Time | Location Chennai, India

Job Description :

  • Develop Your Expertise in Payment Posting

    Job Description

    The main "Cash Application Specialist, EOB/ERA Posting Anchor, Payment Reconciliation Engine & Financial Data Integrity Guardian" for our medical billing and revenue cycle operations is the Payment Posting Executive in Medical Billing Revenue Cycle Management (RCM), Cash Application, Explanation of Benefits (EOB) & Electronic Remittance Advice (ERA) Processing, Denial Identification & Financial Analytics Specialist. Your main responsibility is to precisely record, post, reconcile, and balance all incoming payments, contractual adjustments, write-offs, co-pays, deductibles, and co-insurance amounts from insurance payers and patients into the billing and practice management system, while Revenue Cycle Managers, Billing Directors, and Chief Financial Officers (CFO) establish macro financial collection strategies, fee schedules, payer contract terms, and overall revenue cycle policies.

     

    Key Duties

    EOB & ERA Payment Posting Execution: Correctly post contractual modifications, deductibles, co-insurance, co-pays, and insurance payments from hard copy Benefits and Electronic Remittance Explanation Advice files should be entered into the medical billing system by the deadline.

    Daily Cash balance and Bank Reconciliation: To guarantee 100% financial balance with no unassigned variations, reconcile daily posted totals against bank deposit statements, clearinghouse summaries, and lockbox logs.

    Identification of Claim Denials and AR Routing: Examine zero-pay EOBs and partial payments, correctly tag standard Remark Codes and Claim Adjustment Reason Codes, and promptly forward denied claims to the denial management and AR follow-up team.

    Unapplied Cash & Secondary Insurance Management: After main payments have been fully posted, investigate unapplied/unallocated payment batches, locate the appropriate patient accounts, apply any funds that are missing, and initiate secondary or tertiary insurance billing procedures.

    Compliance, HIPAA, and Financial Controls: When applying for cash, strictly comply to HIPAA patient privacy regulations, healthcare financial compliance requirements, internal audit controls, and double-keying accuracy standards.

     

    We invite you to apply and explore this exciting opportunity!

    Warm Regards,

    HR - Maria

    88708 33430

    infohrmaria04@gmail.com

Key Skills :

 

Industry :

Medical & Healthcare

Education :

    • Bachelor's Degree

Vacancies : 6

Posted On : 1 days ago

About Company :

GS Infotech has established itself as a true independent service provider in the field of placements. We are an certified company known for our highly reliable and effective services. A service company is only as strong as the trust of its candidates and the quality of its reputation, and we have earned vast repute in our industry.

Overview :

Headquaters
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Type
: Sole Proprietorship
Revenue
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Industry
: Recruitment / Staffing
Founded
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Size
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Competitors
: --
Sector
: HR / Administration
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