RCMS Posting Associate I

Job Description:

Key Responsibilities:

1. Accurate Payment Posting:* Accurately post all insurance and patient payments by line item using medical claim billing software.

2. Meeting Payment Posting Deadlines:* Meet deadlines for posting payments to ensure timely reconciliation of accounts receivable.

3. Interpretation of Explanation of Benefits (EOBs):* Read and interpret insurance EOBs to reconcile payments, denials, and adjustments for accurate posting.

4. Attendance at Staff Meetings and Educational Sessions:* Regularly attend monthly staff meetings and participate in continuing educational sessions to stay informed about industry updates and best practices.

5. Additional Duties as Requested:* Perform additional duties as requested by the supervisory or management team to support departmental objectives.

6.Training and solving queries:* To help the team with their queries and concern, help the team to reach their goals and required accuracy while posting.

7. HIPAA Compliance:* Follow HIPAA guidelines and maintain patient confidentiality when handling sensitive information during payment posting processes.

8. Data Security and Integrity:* Maintain the security and integrity of practice data being worked on to protect sensitive information and comply with regulatory requirements.

9. Revenue Cycle Performance Analysis:* Obtain a clear view of revenue cycle performance through accurate payment posting and data analysis.

10. Policies and Procedures Development:* Develop exhaustive policies and procedures for write-offs and adjustments to ensure consistency and compliance in financial transactions.

Qualifications:* High school diploma or equivalent; associate or bachelor’s degree in healthcare administration, Commerce/Arts or related field preferred.

• Minimum of 0 to 1 years of experience in medical billing or revenue cycle management, with a focus on payment posting.
  
• Strong attention to detail and accuracy in data entry and payment reconciliation.
  
• Knowledge of medical billing software and electronic health record (EHR) systems.
  
• Familiarity with insurance EOBs and payment reconciliation processes.
  
• Understanding of HIPAA regulations and patient privacy requirements.
  
• Excellent communication and interpersonal skills.
  
• Ability to work independently and collaboratively in a fast-paced environment.
  
• Commitment to meeting deadlines and achieving departmental goals
  

Qualifacts is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.