The Payment Associate is responsible for posting payments from insurance companies, government programs, and patients into the RCM system while ensuring accurate adjustments and reconciliation
Job Summary
The Payment Associate is responsible for posting payments from insurance companies, government programs, and patients into the RCM system while ensuring accurate adjustments and reconciliation.
They manage insurance denials by identifying, posting, and coordinating with billing teams to correct and resubmit claims, escalating discrepancies as needed.
The role involves maintaining accurate payment records, generating reports on payment trends and denials, and ensuring compliance with company policies and industry regulations.
Matching Summary
The Payment Associate is responsible for posting payments from insurance companies, government programs, and patients into the RCM system while ensuring accurate adjustments and reconciliation.
Skills & Requirements
Must-have
Payment processing and posting
Denial management and reconciliation
Electronic Remittance Advice (ERA) processing
Payment reconciliation and reporting
Compliance with HIPAA and Medicare guidelines
Nice-to-have
Collaboration with billing and accounts receivable teams