Payment Posting Specialist

Year Coimbatore, Tamil Nadu, India

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About Us:

Ventra is a leading business solutions provider for facility-based physicians practicing anesthesia, emergency medicine, hospital medicine, and now radiology, through the recent combining of forces with Advocate RCM. Focused on Revenue Cycle Management and Advisory services, Ventra partners with private practices, hospitals, health systems, and ambulatory surgery centers to deliver transparent and data-driven solutions that solve the most complex revenue and reimbursement issues, enabling clinicians to focus on providing outstanding care to their patients and communities.

Job Summary:

The Payment Posting Specialist is responsible for the monetary intake for Ventra Health clients. The Payment Posting Specialist may be assigned between 13 -14 facilities/clients that they will be responsible for maintaining our 6 days turnaround time. Posts all deposits for current month by our month end deadline. Payment posting specialist must comply with applicable laws regarding billing standards and be able to operate in a team-oriented environment that strives to provide superior service to Ventra Health clients throughout the country

Essential Functions and Tasks:

Posts Accounts Payable deposits
Processes electronic 835\xe2\x80\x99s and manual payer EOBs, including the posting of insurance allowable, patient portions, denials, adjustments, contractual allowances, recoups and forward balancing
Interprets Explanation of Benefits (EOB) remittance codes and applies correct denial codes.
Balances and closes payment batches timely
Navigate websites to obtain EOBs
Performs special projects and other duties as assigned

Education and Experience Requirements:

High School Diploma or Equivalent
At least two (2) years of experience posting insurance payments in a healthcare setting
At least two (2) years of experience reading insurance Explanation of Benefits (EOB) statements preferred

Knowledge, Skills, and Abilities:

Knowledge of insurance payer types
Knowledge of Explanation of Benefits (EOB) statements
Strong balancing and reconciliation skills
Strong 10 Key calculator skills
Strong oral, written, and interpersonal communication skills
Strong mathematical skills
Strong time management skills
Strong organizational skills
Ability to read, understand, and apply state/federal laws, regulations, and policies
Ability to remain flexible and work within a collaborative and fast paced environment
Ability to communicate with diverse personalities in a tactful, mature, and professional manner

Other: IND2

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