Process Associate / Sr . Process Associate - Payment Posting

Greetings from Hamly Business Solutions!!!!

Payment Posting - RCM Healthcare (1-3 Years Experience)

Position Summary: We are looking for a dedicated and detail-oriented Payment Posting Specialist with 1-3 years of experience in the RCM (Revenue Cycle Management) Healthcare industry. The ideal candidate will be responsible for accurately posting payments, adjustments, denials, and other related transactions to patient accounts, ensuring compliance with healthcare regulations and company policies.

Key Responsibilities:

• Accurately post payments from insurance companies, government payers, and patients to the appropriate accounts.
• Review Explanation of Benefits (EOBs), remittance advices (RAs), and other payment documentation to ensure correct posting.
• Investigate and resolve discrepancies in payments, including underpayments, overpayments, and denials.
• Work closely with the billing and collections team to ensure proper reconciliation of accounts.
• Ensure all payment postings are completed in a timely manner, meeting department deadlines.
• Follow up on denied or unpaid claims, ensuring accurate resolution.
• Maintain accurate records of payments, adjustments, and transactions.
• Assist in preparing financial reports and reconciliations as needed.
• Stay up-to-date on industry trends, payer guidelines, and compliance regulations.

Qualifications:

• 1-3 years of experience in Payment Posting within the Healthcare Revenue Cycle Management (RCM) industry.
• Strong knowledge of insurance payers, Explanation of Benefits (EOB), and remittance advices (RA).
• Familiarity with medical billing codes and healthcare insurance policies.
• Experience working with billing software and ERP systems.
• Strong attention to detail and ability to handle multiple tasks simultaneously.
• Excellent communication and problem-solving skills.
• Ability to work independently and as part of a team.
• Knowledge of HIPAA regulations and healthcare compliance standards is a plus.

If you are Interested Kindly share your resume to sowmiyakannan@hamly.com & contact - 6379809983