
Payment Transaction Specialist
1 week ago
DCC Consultants provides offshore corporate services to its partner healthcare organizations in the United States. We offer services in marketing, communications, accounting, financial planning, revenue cycle management, information technology, and clinical support.
Job OverviewThe Payment Posting Specialist plays a vital role in our organization by ensuring accurate and timely payment postings from insurance companies. This position requires strong analytical skills, attention to detail, and the ability to work independently with minimal supervision.
Key Responsibilities:- Payment Review and Processing: The ideal candidate will review and post insurance payments, adjustments, and denials from Explanation of Benefits (EOBs) and Electronic Remittance Advice (ERA).
- Deposit Reconciliation: They will reconcile deposits with payments received to ensure accurate account balancing.
- Error Resolution: The Payment Posting Specialist will identify and report payment discrepancies, underpayments, and denials, working closely with the accounts receivable and billing teams to resolve posting errors and payment issues.
- Record-Keeping: They will maintain accurate records of payment transactions for auditing and reporting purposes.
- Compliance: Ensure compliance with HIPAA regulations and company policies.
Work Experience:
- A minimum of 2-3 years of experience in a medical billing department.
Education:
- Bachelor's or Master's Degree from a reputable institution.
Skills:
- Familiarity with insurance EOBs, ERAs, and claim processing.
- Proficiency in medical billing software and electronic health record (EHR) systems.
- Strong attention to detail and accuracy in data entry.
- Ability to work independently and meet deadlines.
- Excellent problem-solving and organizational skills.
- Understanding of HIPAA compliance and insurance guidelines.
We offer an attractive compensation package, including:
- Annual Bonus
- Eid Bonuses
- Provident Fund
- Health Insurance (IPD, OPD)
- Fuel Card or Company Pick & Drop
- EOBI
- Free Meal
The Payment Posting Specialist will work on a night shift schedule, Monday through Friday, from 6pm to 3am PKT.
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