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Cash Posting_Payment Posting-Medical Billing_CHENNAI

1.00 to 6.00 Years   Chennai   27 Sep, 2022
Job LocationChennai
EducationNot Mentioned
SalaryRs 3.0 - 7 Lakh/Yr
IndustryMedical / Healthcare
Functional AreaOthers
EmploymentTypeFull-time

Job Description

    Job Title : Cash Posting/Payment Posting/Medical BillingLocation : Bangalore and ChennaiExperience : 1 to 8 yearsDirect Responsibilities:Complete payment entry in a timely and accurate manner including - Posts payments, adjustments, and denials to practice management system from live checks, Credit Card and EFTs.Post payments/denials from all type of insurance companies like federal, commercial, workers comp, patient check/credit cards.Should be aware of different types of Claim Adjustment Remark CodesRecord batch totals with date and initials on payment receipt spreadsheetBalance batches and run transaction reportsVerify all EFT deposits and scanned checks have been posted by month endProperly communicates and documents payment denials in the practice management system and to the appropriate department in a timely manner.Identify any payments not being paid at the allowed/contracted amount and communicates this to the appropriate department and/or Team Lead/ManagerHighlight batch scanning issues to team leader/manager on timely mannerUpdate deposit/batch log with inflow and payment processed detailsUpdate the total deposits received for each practice/client on cash trending logExperience on unapplied cash and analyze the ways to reduce the amount added to unapplied or suspense accountApply payments received from collection agencies either to respective patient accounts or to collection specific accountRun reports and balance the deposit/batch log for day end and month endComplete day/month end reports/activities and share the same with team leader/managerIdentify trends and patterns in the process and share with team leader/manager for process improvement

Keyskills :
cash postingus healthcarear callingpayment posting

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