Payment Poster (Revenue Cycle Management)

Payment Poster

Key Responsibilities (KRAs):

1. Payment Posting & Reconciliation

• Accurately post payments, adjustments, and denials from ERAs, EOBs, and checks to patient accounts in the billing system.
• Maintain high accuracy in posting to minimize errors affecting financial reporting and patient accounts.
• Perform batch reconciliation to ensure that posted amounts match deposits.
• Identify and rectify any discrepancies in payment postings and coordinate with the finance team for resolution.

2. Denials & Adjustments Handling

• Identify and categorize insurance denials while posting payments.
• Post necessary contractual adjustments based on payer agreements.
• Flag claims for appeal or escalation when payments are incorrect or denied without valid reasoning.
• Work closely with the Denials Management team to track trends in underpayments or rejections.

3. ERA & EOB Analysis

• Process both paper-based and electronic remittance advice (ERA) efficiently.
• Cross-check payments with EOBs to ensure correct reimbursement and address discrepancies.
• Communicate with payers for missing payments or discrepancies in posted amounts.

4. Reporting & Reconciliation

• Maintain daily logs of payments posted and provide reports to the management.
• Reconcile payments with bank statements and ensure no misallocations.
• Generate reports on denial trends, payment accuracy, and payer reimbursement patterns.

5. Coordination & Process Improvement

• Collaborate with the AR team to resolve outstanding issues related to payment discrepancies.
• Provide feedback on denial patterns to optimize future claim submissions.
• Ensure compliance with HIPAA regulations and RCM best practices.
• Contribute to process improvement initiatives to enhance accuracy and efficiency in payment posting.

6. Compliance & Quality Assurance

• Follow standard operating procedures (SOPs) for payment posting.
• Ensure HIPAA compliance and maintain confidentiality of patient and financial data.
• Adhere to company policies and quality standards for revenue cycle processes.

Required Skills & Qualifications:

• Minimum 1 year of experience in Payment Posting in an RCM/BPO/KPO setup.

• Strong knowledge of

  insurance payment processing, EOBs, ERAs, and payer adjustments.

• Experience working on medical billing software such as

  Athenahealth, eClinicalWorks, Kareo, NextGen, AdvancedMD, or equivalent.

• Ability to handle large payment batches with high accuracy.
• Strong analytical and problem-solving skills.
• Proficiency in

  MS Excel

  for reconciliation and reporting.
• Good communication skills to coordinate with internal teams and external payers.

Preferred Qualifications:

• Exposure to

  Denials Management and AR follow-up

  .
• Experience in multi-specialty RCM services.

Work Environment & Benefits:

• Competitive salary package as per industry standards.
• Opportunity to work in a fast-growing healthcare outsourcing company.
• Exposure to advanced RCM processes and industry best practices.
• Performance-based incentives and career growth opportunities.

Important Notes

• No Cab or Meal Facility Provided

• Only immediate joiners with no notice period are eligible.

• Only male candidates are eligible for the opportunity.

Interested candidates can either call or send their updated resumes via Whatsapp at 9289754401