Senior Process Associate - Payment Posting

Baruch Business Solutions

1 to 5 yrs. Thanjavur
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Posted on 22 Nov 2019

Job Description

Job Title:
Process Associate – Payment Posting
Job Summary:
Receives and reviews Explanation of Benefits (EOB) and Electronic Remittance Advice (ERA) documents, matches with Electronic Funds Transfers (EFTs), and posts payments to appropriate accounts.
Roles & Responsibilities:
• Should be familiar in all kind of postings (Manual / EFTs / ERAs)
• Compiles list of denied claims, transmits to denial management team for follow up.
• Reviews updates to Fee Schedules and Allowed Amounts for all applicable payers, and ensures that provider’s contracts remain current and accurate.
• Downloading EOBs from website, Analyzing and posting the Bank statement vs. Reconciliation log - missing payments.
• While postings should also update the denials or EOBs on the 'Denial Folder'. Maintaining Production and Reconciliation log

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