Manager - Payment Posting (RCM US Healthcare)

Position

Location

Requirement

• Minimum of 10 years of experience in

  US healthcare RCM process payment posting

  .
• Minimum of 4 years of experience in a management role.
• Experience with audits, denials, or payer reconciliation.
• Experience managing or leading a payment posting or RCM team.

Responsibilities

• Team Leadership:

• Lead, mentor, and manage a team of payment posting professionals, providing guidance, training, and support.
• Foster a positive and collaborative work environment to ensure high performance and productivity within the payment posting team.

• Payment Posting Operations:

• Oversee the end-to-end payment posting process, including the accurate and timely posting of payments received from various sources such as insurance companies, patients, and third-party payers.
• Implement and maintain policies and procedures related to payment posting to ensure accuracy, compliance, and efficiency.

• Reconciliation:

• Reconcile payments and adjustments to ensure accuracy in financial records.
• Investigate and resolve discrepancies between posted payments and expected revenue.

• Analysis and Reporting:

• Analyze payment posting trends and variances, providing insights into revenue patterns.
• Generate and analyze regular reports on payment posting performance, identifying areas for improvement and efficiency.

• Compliance:

• Ensure compliance with healthcare regulations and billing standards related to payment posting.
• Stay informed about changes in regulations and guidelines affecting payment posting processes.

• Communication:

• Communicate effectively with billing, coding, and revenue cycle teams to resolve discrepancies and address issues related to payment posting.
• Collaborate with insurance providers and other stakeholders to reconcile payment discrepancies.

• Technology Utilization:

• Oversee the use of CollaborateMD to streamline processes and enhance efficiency.
• Identify payments eligible for ERA and communicate with Credentialing submit application for direct deposit.

• Training and Development:

• Conduct ongoing training for payment posting staff to keep them informed about industry changes, regulations, and best practices.
• Encourage professional development and certification for payment posting team members.