Payment Poster

Job Description

Role:We are seeking a meticulous and organized Payment Posting Specialist to join our healthcare finance team. In this role, you will be responsible for accurately posting payments received from insurance companies and patients, ensuring the integrity of financial data and contributing to the overall efficiency of the revenue cycle.Responsibilities:
• Payment Entry: Accurately post payments and adjustments to patient accounts in the billing system, including electronic remittances and manual checks.
• Reconciliation: Reconcile payments received with the corresponding accounts receivable records to ensure accuracy and identify discrepancies.
• Claims Management: Review and resolve any payment discrepancies, denials, or underpayments by working closely with the billing and collections teams.
• Reporting: Generate and maintain reports on payment postings, outstanding balances, and any trends affecting cash flow.
• Customer Communication: Address inquiries from patients and insurance companies regarding payment postings and account status in a professional manner.
• Compliance: Ensure adherence to healthcare regulations, billing practices, and company policies related to payment posting.
• Process Improvement: Identify opportunities for streamlining the payment posting process and contribute to best practices within the team.
Key Skills:
• Previous experience 1 Year in payment posting, medical billing, or revenue cycle management in a healthcare setting is required.
• Strong knowledge of medical billing processes and payment posting practices.
• Proficiency in Microsoft Office Suite and healthcare billing software.
• Excellent attention to detail and strong organizational skills.
Preferred Candidate Profile:
• Graduation in any stream is mandatory.
• Should have proficiency in Typing (25 WPM with 95% of accuracy)
• Should be flexible with 24*7 shift.
Please note that Provana is operational 5 days a week and works from the office.Contact Person:HR: S. RevathiContact Number: hidden_mobile

Keyskills :
payment postingeobus healthcare