Develop Your Expertise in Payment Posting Job Description The main "Cash Application Specialist, EOB/ERA Posting Anchor, Payment Reconciliation Engine & Financial Data Integrity Guardian" for our medical billing and revenue cycle operations is the Payment Posting Executive in Medical Billing Revenue Cycle Management /(RCM/), Cash Application, Explanation of Advantages /(EOB/) & Electronic Remittance Advice /(ERA/) Processing, Denial Identification & Financial Analytics Specialist. Your main responsibility is to precisely record, post, reconcile, and balance all incoming payments, contractual adjustments, write/-offs, co/-pays, deductibles, and co/-insurance amounts from insurance payers and patients into the billing and practice management system, while Revenue Cycle Managers, Billing Directors, and Chief Financial Officers /(CFO/) establish macro financial collection strategies, fee schedules, payer contract terms, and overall revenue cycle policies. Key Duties EOB & ERA Payment Posting Execution/: Correctly post contractual modifications, deductibles, co/-insurance, co/-pays,



and insurance payments from hard copy Benefits and Electronic Remittance Explanation Advice files should be entered into the medical billing system by the deadline. Daily Cash balance and Bank Reconciliation/: To guarantee 100% financial balance with no unassigned variations, reconcile daily posted totals against bank deposit statements, clearinghouse summaries, and lockbox logs. Identification of Claim Denials and AR Routing/: Examine zero/-pay EOBs and partial payments, correctly tag standard Remark Codes and Claim Adjustment Reason Codes, and promptly forward denied claims to the denial management and AR follow/-up team. Unapplied Cash & Secondary Insurance Management/: After main payments have been fully posted, investigate unapplied/unallocated payment batches, locate the appropriate patient accounts, apply any funds that are missing, and initiate secondary or tertiary insurance billing pr

📌 Develop Your Expertise in Payment Posting (Chennai)
🏢 GS Infotech
📍 Chennai