Job Description Payment Posting Specialist

Job Title: Payment Posting Specialist

Department: Revenue Cycle Management (RCM)

Location: Remote / India

Experience: 2+Yrs Years

Employment Type: Full-Time

Shift: US Shift

About the Role

We are looking for a detail-oriented Payment Posting Specialist with experience in US healthcare Revenue Cycle Management (RCM). The candidate will be responsible for accurately posting insurance and patient payments, processing Electronic Remittance Advice (ERA), handling Explanation of Benefits (EOB), and identifying payment discrepancies.

Key Responsibilities

- Post insurance and patient payments accurately into the billing system.
- Process Electronic Remittance Advice (ERA – 835) and Explanation of Benefits (EOB).
- Handle both electronic and manual payment posting.
- Post payments received through EFT, ACH, checks, and credit card transactions.
- Identify and investigate payment discrepancies, underpayments, overpayments, and contractual adjustments.
- Apply contractual adjustments, deductibles, co-payments, and co-insurance accurately.
- Identify and report denials, rejections, and zero-payment claims.
- Reconcile posted payments against bank deposits and remittance records.
- Ensure accurate allocation of payments to the appropriate patient accounts and claims.
- Coordinate with AR and denial management teams for unresolved payment issues.
- Maintain daily productivity, quality, and accuracy targets.




- Follow HIPAA guidelines and maintain confidentiality of patient information.

Required Skills & Qualifications

- 2+ years of experience in US healthcare RCM, specifically Payment Posting.
- Strong knowledge of ERA, EOB, and 835 transactions.
- Hands-on experience with insurance and patient payment posting.
- Understanding of Medicare, Medicaid, and commercial insurance payments.
- Knowledge of contractual adjustments, write-offs, and denial codes.
- Familiarity with US healthcare billing workflows.
- Positive analytical skills and attention to detail.
- Ability to meet daily productivity and quality benchmarks.

Preferred Qualifications

- Experience working with medical billing software and practice management systems.
- Knowledge of clearinghouses and electronic remittance processing.
- Experience in Laboratory, Pathology, Toxicology, or other specialty billing.
- Familiarity with Excel and payment reconciliation.

Key Performance Indicators (KPIs)

- Payment posting accuracy.
- Daily payment posting productivity.
- Timely processing of ERA/EOB transactions.
- Reduction in unapplied and misapplied payments.
- Reconciliation accuracy.
- Adherence to quality and compliance standards.

About Hyprtask

Hyprtask AI LLP is a technology-driven organization focused on delivering innovative, AI-enabled solutions and operational excellence. We are building a high-performing Revenue Cycle Management team supporting US healthcare operations.
Join Hyprtask and become part of our growing RCM team!

📌 Payment Posting Specialist (India)
🏢 Hyprtask Ai
📍 India