Payment Posting Specialist

  • Full-time
  • Department: RCM

Company Description

We are a reputable software company specializing in the healthcare industry. We have various products for Laboratories, Hospitals, Doctors, and almost all areas of healthcare since 1988 When you join us you’ll be part of a smart, driven team that shares your passion for exploration and discovery in the Healthcare Software vertical. With significant investment in people, processes and technology, we give our people the resources and opportunities to make significant contributions to all of our clients who partnered with our organization

Job Description

About the Role

The Payment Posting Specialist is a crucial member of our Revenue Cycle Management (RCM)  team. This role involves accurately and efficiently posting patient payments to the appropriate  accounts within our medical billing system. The ideal candidate will possess strong attention to  detail, excellent data entry skills, and a commitment to ensuring the timely and accurate  processing of patient payments.

 Key Responsibilities

  • Payment Posting:  Accurately and timely post patient  payments, including paper EOBs,  checks, virtual credit card payments, and EFT/ERAs.
  • Data Entry: Efficiently input payment information into the medical billing system,  ensuring data accuracy and integrity.
  • Verification: Verify payment information against patient  accounts and insurance  coverage to prevent errors and discrepancies.
  • Research and Resolution: Investigate and resolve payment  discrepancies or posting  errors in a timely manner.
  • Compliance:  Adhere to all relevant regulatory guidelines  and company policies related  to payment posting.
  • Reporting: Prepare and submit required payment posting reports including  recoupments, and bank reconciliation.

 

Qualifications

 

  • Minimum 1-2 years of experience in medical billing or a related field preferred.
  • Strong attention to detail and accuracy.
  • Excellent data entry skills and proficiency in Microsoft Office Suite.
  • Knowledge in bank reconciliation.
  • Ability to work independently and as part of a team.
  • Strong organizational and time management skills.
  • Knowledge of medical terminology and insurance billing practices is a plus.
  • Knowledge in CMS, Workers Compensation and No-Fault medical claims and payments  is a plus.

Additional Information

  • Fixed Night Shift
  • Salary Best in the Industry
  • Allowances
  • Insurance Benefits
Privacy Policy