CBO Medical Payment Poster

CBO Medical Payment Poster

This role is 100% onsite in Bethesda, MD.

Primary Responsibilities

• Accepts payments and processes billing statements in timely and accurate manner.
• Monitors payment deposits from patients and insurance reconciling details.
• Prepares payment batches and conducts regular audits for billing cycles.
• Assesses explanation of benefits (EOBs) from insurance companies.
• Maintains accurate billing records and reports any discrepancies to accounting.
• Develops and reviews reports with the assigned Billing Relations Manager.
• Verifies all EFT deposits and scanned checks have been posted by month end.
• Effectively communicates and documents payment denials in the practice management system and to the appropriate billing specialist in a timely manner.
• Works effectively across multiple CBO teams always exuding professionalism and efficient communication skills to ensure maximum and timely revenue entry.
• Maintains professional knowledge regarding medical billing, coding procedures, payor processes, Medicare/Medicaid processes, etc.
• Handling and sorting in house correspondences for appeals, denials, and medical records.
• Performs all other duties as assigned.

Required Education and Experience

• High School Diploma or equivalent.
• Experience in insurance collections, including submitting and following up on claims for a Medical Practice, Medical Facility/Medical Milling Company, Ambulatory Surgical Center, and/or Hospital.
• Knowledge of individual payor websites.
• Knowledge of Medical Terminology, CPT Codes, Modifiers and Diagnosis Codes.
• Ability to work well individually and in a team environment.
• Proficiency with MS Office. Must have basic Excel skillset.
• Experience with practice management and EHR systems.
• Strong communication skills/oral and written.
• Strong organizational skills.

Competencies/Required Skills and Abilities

• Strong interpersonal skills - ability to develop relationships and collaborate and influence in a centralized organization.
• Demonstrated ability to organize, prioritize, and manage multiple tasks in a dynamic environment with a proven track record of results.
• Strong interpersonal, oral, and written communication skills with excellent self-discipline and patience.
• Able to work independently.
• Exudes professionalism in presentation.
• Must be able to read, write, speak, understand, and communicate in the English language.

Physical Demands

• Must be able to sit for long periods of time and lift up to 25 pounds.
• Must be able to use appropriate body mechanics techniques when performing desk duties.
• Requires frequent bending, reaching, repetitive hand movements, standing, walking, squatting, and sitting.
• Adequate hearing to perform duties in person and over telephone.
• Must be able to communicate clearly to patients in person and over the telephone.
• Visual acuity adequate to perform job duties, including reading materials from printed sources and computer screens.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.