Payment Posting Associate/ QA

Allysmart Business Process Solutions; Chennai; On-site; INR 300,000 - 480,000; Full time

Job summary

Allysmart Business Process Solutions in Chennai, India seeks a detail-oriented Payment Posting Executive to manage posting of insurance and patient payments within the medical billing workflow.

The role covers ERA/EOB processing, reconciliation with bank deposits, and ensuring accurate adjustments and write-offs while meeting daily productivity targets per client guidelines.

Responsibilities

• Post insurance and patient payments accurately into the billing system.
• Process Electronic Remittance Advice (ERA) and Electronic Explanation of Benefits (EOB).
• Handle manual and electronic payment posting.
• Reconcile payments against bank deposits and remittance records.
• Identify underpayments, denials, and discrepancies during payment posting.
• Ensure accurate adjustment posting, contractual adjustments, and write-offs.
• Escalate payment discrepancies and unresolved issues to the concerned team.
• Meet daily productivity and quality targets while adhering to client guidelines.

Job description

Job Summary

We are looking for a detail-oriented Payment Posting Executive to handle insurance and patient payment posting, payment reconciliation, and denial identification in the medical billing process.

Key Responsibilities

• Post insurance and patient payments accurately into the billing system.
• Process Electronic Remittance Advice (ERA) and Electronic Explanation of Benefits (EOB).
• Handle manual and electronic payment posting.
• Reconcile payments against bank deposits and remittance records.
• Identify underpayments, denials, and discrepancies during payment posting.
• Ensure accurate adjustment posting, contractual adjustments, and write-offs.
• Escalate payment discrepancies and unresolved issues to the concerned team.
• Meet daily productivity and quality targets while adhering to client guidelines.