Payment Associate-3
Harris Global Business Services (GBS)
Date: 3 weeks ago
City: Mumbai, Maharashtra
Contract type: Full time
Primary Functions
Payment Processing & Posting
Payment Processing & Posting
- Accurately post payments received from insurance companies, government programs (such as Medicare/Medicaid), and patients into the Revenue Cycle Management (RCM) system.
- Efficiently process Electronic Remittance Advices (ERAs) and manual Explanation of Benefits (EOBs).
- Apply necessary adjustments, refunds, and write-offs in accordance with payer guidelines.
- Balance and reconcile daily deposits with posted payments to ensure accuracy.
- Identify and accurately post insurance denials, ensuring timely follow-up for resolution.
- Collaborate with the billing and accounts receivable teams to correct claim errors and facilitate claim resubmissions.
- Track underpayments and escalate discrepancies to the RCM Manager for further action.
- Maintain precise payment records and reconciliation reports.
- Generate daily, weekly, and monthly reports on payment trends, denials, and discrepancies.
- Ensure strict compliance with company policies and industry regulations, including HIPAA and Medicare guidelines.
- Coordinate effectively with the billing team, accounts receivable, and insurance companies to resolve payment discrepancies.
- Respond promptly to inquiries from internal teams regarding posted payments.
- Escalate unresolved payment issues to the appropriate leadership as needed.
- Any bachelor’s degree.
- Good Communication Skills (Written and Verbal).
- 1-3 years of proven experience in payment posting within a healthcare environment is essential
- Strong understanding of healthcare revenue cycle management (RCM) processes.
- Proficiency in interpreting Electronic Remittance Advices (ERAs) and Explanation of Benefits (EOBs) with healthcare-specific knowledge.
- Experience with healthcare-specific RCM software (e.g., Epic, Cerner, NextGen, Athenahealth, Kareo, or similar).
- Problem-Solver: Identifies and resolves healthcare billing discrepancies.
- Organized: Manages high volumes of medical remittances efficiently.
- Clear Communicator: Effectively discusses payment issues with healthcare teams.
- Analytical: Understands healthcare financial data and denial patterns.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Area Sales Manager-CA
IDFC FIRST Bank,
Mumbai, Maharashtra
2 days ago
Job RequirementsJob Title - Area Sales Manager - CAPlace of work - MumbaiBusiness Unit - Retail BankingFunction -Branch BankingJob PurposeThe role entails managing and scaling up the retail branch banking business for the region by implementing strategies to achieve growth targets. It is accountable to ensure expansion of branch footprint, product penetration and delivery of high quality customer service. The...
Customer Service Executive - Customer Service Operations
Tata Communications,
Mumbai, Maharashtra
4 days ago
About The CompanyTSC Redefines Connectivity with Innovation and IntelligenceDriving the next level of intelligence powered by Cloud, Mobility, Internet of Things, Collaboration, Security, Media services and Network services, we at Tata Communications are envisaging a New World of CommunicationsPosition Summary: shall be responsible for the annual budget for landing stations, work as interface with different submarine cable consortiums, track the...
Piping
Larsen & Toubro,
Mumbai, Maharashtra
6 days ago
Capability to prepare all piping documents using 2D or 3D tools. As an independent designer to workout plot Plan, Equipment Layout and Piping Study Ability to navigate Navisworks, Smart Plant Review or Equivalent software’s. Plot Plan, Equipment Layout, Piping route study, Piping Isometrics, Nozzle orientation, Piping Cleat drawings, Piping MTO (Bulk and Special). To report Daily Progress for self and...
