Full Description
Payment Posting Executive A Great Healthcare Job
Job Description
A crucial part of the Revenue Cycle Management (RCM) process, the Payment Posting Executive is in charge of accurately and promptly recording payments received from patients and insurance companies. Because you will be entering intricate Explanation of Benefits (EOB) and Electronic Remittance Advice (ERA) into the billing system, this position demands a high degree of accuracy. The correctness of the accounts receivable is immediately impacted by your work, enabling AR Analysts to verify the right balances. A professional with a "eagle eye" for detail and a solid grasp of medical billing modifications, denials, and recoupments is the ideal applicant.
Key Duties:
ERAs and Manual Posting: Manually post paper checks from EOBs into the Practice Management System and handle electronic payments.
EOB Interpretation: Examine the Explanation of Benefits
to accurately determine non-covered items, patient responsibility, and paid amounts.
Adjustment Handling: Utilize discounts, write-offs, and contractual adjustments in accordance with the provider's contract with particular insurance payers.
Denial Identification: To enable the denial management team to act right away, precisely record and code denial information from the EOB/ERA.
Secondary BillingTriggering: Make sure the system appropriately initiates the claim to the patient or the secondary insurer after the original insurance payment is posted.
Recoupments: Manage insurance take-backs, spot overpayments, and start reimbursement requests as needed.
Daily Reconciliation: Verify that the posted total corresponds to the bank deposit or "Lockbox" total by reconciling daily batches.
We invite you to apply and explore this exciting opportunity!
Warm Regards,
HR - Maria
88708 33430
infohrmaria04@gmail.com