Job
Description
Company : ProBill RCM Location: Chandigarh, India Shift Timings : 09:00 A.M to 06:00 P.M IST and 06:30 P.M. to 03:30 A.M. IST Working Days: Monday to Friday (Weekends Off) About ProBill RCM : ProBill RCM is a trusted and rapidly growing Revenue Cycle Management (RCM) company dedicated to optimizing financial outcomes for healthcare providers in the US. We leverage advanced tools, industry best practices, and a client-first philosophy to streamline billing operations, minimize errors, and maximize efficiency. At ProBill RCM, we are committed to bridging the gap between healthcare services and financial clarity, ensuring our clients can focus on patient care while we manage their revenue cycle complexities. Job Summary: The Payment Posting Analyst plays a critical role in the healthcare revenue cycle,ensuring the accurate and efficient posting of all payment activities. This position involves meticulously reviewing and applying payments from various sources, reconciling accounts, and-identifying discrepancies to maintain a healthy revenue flow for our clients. The Payment Posting Analyst will work closely with billing, collections, and finance teams to ensure seamless operations and compliance with industry regulations. Key Responsibilities:  Payment Application: o Review and accurately post electronic and manual payments from insurance carriers, patients, and third-party payers to patient accounts. o Apply contractual adjustments, write-offs, and denials in compliance with payer contracts and organizational policies. o Accurately interpret Explanation of Benefits (EOBs) and Electronic Remittance Advises (ERAs), identifying variances and escalating underpayments or rejections. o Post patient payments and balance daily deposits. o Reconcile checks and lost payments.  Reconciliation & Reporting: o Review daily posting reports to identify discrepancies or errors and correct them promptly. o Assist in updating direct deposits daily and performing comparisons of downloaded files to direct deposits, correcting any discrepancies. o Generate reports on payment posting activities, including payment trends, outstanding balances, and accounts receivable.  Denial Management & Research: o Capture and address denials effectively, adding appropriate ANSI denial codes and comments to ensure necessary appeals and post-payment follow-up. o Investigate the source of unidentified payments to ensure proper application. o Conduct research through payer portals to identify missing remittances. o Identify trends in payment posting issues and suggest corrective actions or process improvements.  Compliance & Communication: o Ensure strict compliance with HIPAA and other federal, state, and payer regulations. o Maintain up-to-date knowledge of payer policies, medical billing terminology, and payment posting best practices. o Communicate effectively with internal billing and collections teams regarding payment trends, anomalies, and payer behavior. o Address client queries promptly and professionally as they relate to payment posting.  Efficiency & Quality: o Maintain zero backlogs and consistently meet daily/weekly productivity targets. o Prioritize and manage workload effectively to meet multiple deadlines. o Participate in reviews as required by company policy. Required Qualifications:  Experience: 1-3 years of experience in payment posting within a medical billing or RCM environment, preferably with US healthcare providers.  Knowledge: o Strong understanding of US healthcare processes, insurance claims, and denials. o In-depth knowledge of EOBs, ERAs, CPT/ICD codes, and payer-specific rules. o Solid understanding of the full revenue cycle process.  Technical Skills: o Proficiency in practice management systems. o Strong PC skills, including familiarity with Windows Operating Systems and Microsoft Office Products (especially Excel). o Experience with electronic payment posting (EPP) systems is a plus.  Soft Skills: o Exceptional numerical accuracy and high attention to detail. o Excellent written and verbal communication skills. o Strong analytical and problem-solving abilities. o Ability to work independently with minimal supervision and as part of a team. o Must be spontaneous and enthusiastic with a positive mindset. o Ability to learn new tasks, remember processes, maintain focus, and make timely decisions. Preferred Qualifications:  Experience with multiple medical specialties (e.g., behavioral health, internal medicine, surgical practices).  Familiarity with reconciliation tools.  Previous experience working in a RCM team. What ProBill RCM Offers:  Competitive salary.  Fixed 5-day work week with weekends off.  A supportive and collaborative work environment encouraging growth and continuous learning.  Opportunity to be part of a rapidly growing organization in the healthcare RCM industry. How to Apply: Interested candidates are invited to send their updated resume to hr@probillrcm.com with the subject line Payment Posting Analyst Application. Job Type: Full-time Pay: ₹30.00 - ₹70,000.00 per month Benefits: Health insurance Leave encashment Paid sick time Paid time off Schedule: Day shift Monday to Friday Rotational shift Supplemental Pay: Performance bonus Work Location: In person
