Payment Posting Specialist - Medical Billing

Job Description

Job Description

JOB TITLE: Payment Posting Specialist    

REPORTS TO: Revenue Cycle Manager 

FLSA STATUS: Non-Exempt                                                         

JOB SUMMARY: 

The Payment Posting Specialist is accountable for ensuring that all deposits are uploaded to the billing system daily; Electronic Remittance Advise (ERA) are available for posting; posting of the deposit batches are reconciled to the bank account daily and all completed before month end. The main objective is to review all deposits and transactions on a daily basis, identify issues and/or trends and assist the Revenue Cycle Manager with achieving organizational goals. The Payment Posting Specialist also supports the team with obtaining access to websites to pull explanation of benefits for posting.

QUALIFICATIONS/EDUCATION:

• High School Diploma Required
• Medisoft software experience Required
• Bi-lingual English/Spanish preferred; must be able to read, write, and speak English.
• Basic computer knowledge, including MS Word, MS Excel, internet usage, and Electronic Health Records and/or authorization systems.
• Ability to document with minimal typing/spelling errors, send e-faxes, and email.

ABILITIES/SKILLS:

• Knowledge of CPT, ICD-10 and HCPCS coding.
• Excellent communication, must be detailed oriented.
• Strong organizational skills and ability to multi-task effectively. 
• Must be able to work independently with minimal supervision. 
• Able to respect and maintain patient confidentiality at all times. Functions with minimal direct supervision. 
• Must be dependable and conduct him/herself in a professional manner. 
• Demonstrates skill in use of personal computers, various programs and applications required to competently execute job duties. 
• Must be able to follow policies and procedures.

ESSENTIAL DUTIES/ RESPONSIBILITIES: 

• Payment posting manual and electronic– supporting organization with daily posting and reconciling of deposits.
• Manage credit balances, perform refund requests.
• Provide support for team with posting issues.
• Accurate processing and logging of patient payments received by phone while maintaining current records and balances.
• Complete audits of transactions posted (monthly).
• Quarterly audits of payments received via paper to identify potential conversion to electronic EOB and deposits – notify RCM of results and provide recommendations.
• Demonstrates a strong work ethic and team environment through communication, motivation, and consistency.
• Ensure compliance with standard policies and procedures in performing job operations.
• Perform any other duties as assigned.

We offer a competitive salary; Employee Health Insurance is covered at 100%. We also offer Dental, Vision, Life, and 401k Benefits.