Medical Billing Specialist

Payment Poster

Revenue Cycle Management is looking for a full-time Payment Poster to join our team. This position is fully in-person. The Payment Poster is responsible for the accurate and timely posting of insurance and patient payments within the Revenue Cycle department. This role ensures proper reconciliation of payments, identification of discrepancies, and support of overall accounts receivable processes to maintain revenue accuracy and integrity.

Essential Functions:

• Accurately posts insurance and patient payments, adjustments, and denials from Explanation of Benefits (EOBs) and Electronic Remittance Advices (ERAs) into the billing system
• Reconciles daily payment batches to ensure all transactions are balanced and accounted for
• Reviews EOBs and ERAs to identify discrepancies, including underpayments, overpayments, duplicates, and unapplied funds
• Works closely with billing and accounts receivable teams to resolve payment variances and exceptions
• Monitors and follows up on missing or incomplete remittance information
• Reviews incoming mail and electronic remittance files and distributes or processes accordingly
• Prepares and verifies deposits in accordance with internal controls and procedures
• Maintains accurate and complete documentation of all payment posting activities
• Updates account information and scans supporting documentation into the system as needed
• Responds to internal inquiries regarding payment posting and account status in a timely manner
• Generates and reports payment posting and reconciliation metrics as required
• Ensures compliance with company policies, payer guidelines, and HIPAA regulations
• Performs other related tasks as needed

Knowledge, Skills, and Abilities:

• Knowledge of Explanation of Benefits (EOBs) and Electronic Remittance Advices (ERAs)
• Understanding of payment posting, reconciliation, and basic accounts receivable processes
• Familiarity with billing systems and general office software (e.g., Microsoft Office)
• Strong attention to detail and accuracy in data entry and financial processing
• Ability to identify and resolve discrepancies in payment information
• Strong organizational skills with the ability to manage multiple tasks and deadlines
• Effective communication skills and professional etiquette
• Ability to work independently with minimal supervision
• Adaptability in a fast-paced work environment
• Commitment to maintaining confidentiality and HIPAA compliance

Education and Experience:

• High School Diploma or GED
• Two (2) years of experience in medical payment posting, including interpretation of Explanation of Benefits (EOBs) and Electronic Remittance Advices (ERAs)

Benefits:

• 3 Medical Plans
• 2 Dental Plans
• 2 Vision Plans
• Employee Assistant Program
• Short- and Long-Term Disability Insurance
• Accidental Death & Dismemberment Plan
• 401(k) with a 2-year vesting
• PTO + Holidays

Compensation to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data. Employment for this position is contingent upon the successful completion of a background check and drug screening.