Payment Posting Executive
Full time @GiftAbled posted 1 day ago in Accounting / Finance ShortlistJob Detail
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Job ID 901
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Experience Less Than 1 Year
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Gender Any
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Qualifications Degree Bachelor
Job Description
Job Location: Tirupati
Eligibility:
This position is open only for Persons with Disabilities (PwD) with:
Locomotor Disability
Dwarfism
Age Limit: Up to 28 years
Job Summary
The Payment Posting Executive will be responsible for accurately posting insurance and patient payments, adjustments, and denials into practice management systems.
The role requires working with ERAs/EOBs, reconciling daily batches, identifying payment variances, and coordinating with other teams to ensure timely and accurate financial records.
Key Responsibilities
Post insurance, patient, and guarantor payments using ERAs/EOBs
Apply contractual adjustments, take-backs, and payer-specific adjustments (sequestration, COB, capitation, refunds)
Record denials and non-pay codes with correct remark codes
Identify underpayments and report them to the AR team with documents
Balance daily deposits, EFTs, lockbox files, and resolve variances
Reconcile payment batches with bank statements and maintain audit logs
Ensure correct allocation to CPTs, modifiers, POS, and service lines
Identify posting system issues and support process improvements
Meet accuracy and productivity standards
Follow HIPAA and company compliance policies
Required Skills & Qualifications
Minimum 1 year experience in Payment Posting
Higher Secondary or Graduation (any discipline)
Good written and verbal English communication
Basic computer and typing skills
Willing to work in shifts and learn new processes
High attention to detail and accuracy