Payment Posting Specialist - Medical and Dental Billing

Job Description

My Health Aiyin Medical Billing and The Smile Factory Dental Billing Services are leading providers of comprehensive medical and dental billing solutions. We specialize in streamlining billing processes and ensuring accuracy and compliance to maximize revenue for healthcare practices. Our mission is to enhance operational efficiency for healthcare providers by managing the complexities of billing and collections.

Position Overview

Position Type: Full-time

We are seeking a detail-oriented Payment Posting Specialist to join our team. The Payment Posting Specialist will be responsible for accurately posting payments received from insurance companies and patients to their respective accounts. This role is crucial in ensuring that payment records are correct and that discrepancies are resolved in a timely manner.

Key Responsibilities

• Payment Posting: Accurately post payments from insurance companies and patients to the appropriate accounts, ensuring accurate allocation of funds.

• Payment Reconciliation: Reconcile payment batches and resolve any discrepancies between payments received and posted.

• Claim Adjustments: Make necessary adjustments to patient accounts based on payment information and insurance explanations of benefits (EOBs).

• Denial Management: Identify and address issues related to denied or rejected payments, working to resolve discrepancies and ensure accurate billing.

• Reporting: Generate and review reports related to payment postings, account balances, and payment discrepancies.

• Documentation: Maintain detailed records of all payment postings and adjustments, ensuring compliance with internal policies and procedures.

• Communication: Collaborate with internal teams and communicate effectively with patients and insurance companies to resolve payment-related issues.

Qualifications

• Education: High school diploma or equivalent required; Associate’s or Bachelor’s degree in Accounting, Finance, or a related field preferred.

• Experience: Minimum of 2 years of experience in payment posting, medical billing, or accounting within a healthcare setting.

• Knowledge: Understanding of payment posting procedures, insurance EOBs, and healthcare billing regulations.

Skills

• Strong attention to detail and organizational skills.

• Excellent analytical skills with the ability to identify and resolve discrepancies.

• Proficiency in payment posting software, medical billing systems, and Microsoft Office applications.

• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Attributes

• Problem-solving mindset with a focus on accuracy and efficiency.

• Results-driven and committed to maintaining high standards of financial accuracy.

• Adaptable to changes and able to work effectively both independently and as part of a team.

What We Offer

• Competitive salary and performance-based incentives.

• Opportunities for career advancement and professional growth.

• Flexible working hours and arrangements.

• A supportive and collaborative work environment.

Location

My Health Aiyin, Google Tower, 69 Murree Road, Shamsabad, Rawalpindi.
Working Hours: 6 PM to 3 AM Pakistan Time.
Application Process
Interested candidates should send their resume and cover letter to myhealth.aiyin.us@gmail.com and complete the application form provided below.
For more information, contact us at +92 332 592 9976.