01Overview
Payment Posting Executive Healthcare RCM Operations /: The Revenue Cycle Management /(RCM/) team's \"Financial Data Gatekeeper\" and \"Reconciliation Specialist\" is the Payment Posting Executive. Accurately recording, balancing, and allocating all incoming healthcare payments whether from paper checks, electronic transfers, or patient portals into the medical billing system is your main responsibility. As the \"Financial Ledger Guardian,\" you make sure that patient liabilities, insurance payments, and adjustments precisely match bank deposits.
The ideal applicant is a highly organized skilled with a \"High/-Precision\" mentality who can analyze massive amounts of transactional data with 0% data/-entry error and quickly identify numerical inconsistencies.
Key Duties/: Payment Log & Entry/: Precisely enter insurance, patient, and contractual write/-off payments from many sources into the billing software.
Electronic Remittance
Advices /(ERAs/) and paper Explanations of Advantages /(EOBs/) should be read, interpreted, and processed methodically. Reconciliation & Balancing/: To guarantee a 100% accurate financial match, reconcile the total posted amounts every day against bank deposit logs /(Lockbox, EFT, and credit cards/).
Denial Capture/: Using the appropriate adjustment reason codes /(CARCs and RARCs/), identify and forward denied, rejected, or underpaid claims to the AR Follow/-up team.
Secondary Claims Invoicing/: Determine which claims need to be filed with secondary or tertiary insurance, making sure that the principal payment information is appropriately attached.
Patient Responsibility Mapping/: To ensure correct statement creation, accurately transfer any outstanding amounts /(deductibles, copays, or co/-insurance/) to the patient's account bucket. We invite you to apply and explore this exciting chance/! Warm Regards, HR /- Maria
