Payment Posting Associate or Analyst

2 years

2 Lacs

Posted:1 week ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Title: Payment Posting Associate / Analyst

Department: Revenue Cycle Management (RCM)

Location: Sharp Info Solutions - Coimbatore

Experience Required: Minimum 2 years in RCM (Payment Posting process)

Job Summary:

We are seeking a detail-oriented and experienced Payment Posting professional to join our Revenue Cycle Management team. The candidate will be responsible for accurately posting payments, adjustments, and denials to patient accounts, ensuring reconciliation of daily deposits, and maintaining the integrity of financial data in accordance with company policies and client requirements.

Key Responsibilities:

Post all payments (electronic remittance, paper EOBs, patient payments) into the practice management system accurately and in a timely manner.

Reconcile daily deposits with bank statements and system records.

Process adjustments, refunds, and write-offs as per guidelines.

Review and resolve unapplied/unidentified payments regularly.

Ensure accurate posting of insurance and patient payments while minimizing posting errors.

Collaborate with AR and Denial Management teams for resolution of discrepancies.

Maintain documentation for audit trails and compliance.

Generate and share daily/weekly/monthly payment posting reports with stakeholders.

Adhere to HIPAA regulations and maintain confidentiality of patient information.

Qualifications & Skills:

Bachelor’s degree preferred (not mandatory if experience is strong).

Minimum 2 years of hands-on experience in RCM payment posting.

Familiarity with ERA, EOB, EFT, and lockbox processes.

Knowledge of CPT, ICD, and HCPCS codes (basic understanding preferred).

Proficiency in MS Office (Excel, Word) and medical billing software/practice management systems (Epic, NextGen, eClinicalWorks, Kareo, Athena, etc.).

Strong analytical skills with attention to detail and accuracy.

Good communication and team collaboration skills.

Ability to work in a deadline-driven environment.

Key Competencies:

Accuracy and attention to detail.

Problem-solving and reconciliation skills.

Time management and organizational skills.

Adaptability to process updates and system changes.

Job Type: Full-time

Pay: From ₹20,000.00 per month

Work Location: In person

Application Deadline: 31/07/2024

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