Payment Posting Specialist

Overview
Join our dynamic team as a Payment Posting Specialist and become a vital contributor to our financial operations! In this energetic role, you will be responsible for accurately posting payments, reconciling accounts, and ensuring the integrity of our revenue cycle management. This position offers an exciting opportunity to develop your accounting skills within a collaborative environment dedicated to excellence and continuous improvement.

Essential functions include, but not limited to:

• Accurately post payments received from various sources into our EMR system.
• Reconcile accounts receivable and accounts payable transactions to ensure data integrity and identify discrepancies promptly.
• Review medical billing and collection data.
• Perform detailed account analysis to maintain precise financial records.
• Support revenue cycle management by monitoring the status of payments, following up on outstanding balances, and coordinating with collections teams.
• Provide exceptional customer service by addressing inquiries related to payment postings and resolving account issues efficiently.
• Understanding of working Medical Claims and resolving claims issues
• Ability to understand EOB's received from the insurance companies
• Billing electronic and manual claims
• Work denials received from the insurance companies
• Understanding of Accounts receivable and aging
• Able to do appeals on denied or incorrectly paid claims
• Understanding of CPT and ICD-10 codes as well as modifiers and how they impact claims
• Process incoming inquiries from patients and insurance companies
• Uses available resources to gather complete insurance data including use of websites and portals
• Able to find insurance policies issued by the insurances
• Ability to talk with insurance representatives to resolve issues
• Ability to talk to patients about their account and how the claims processed
• Experience working on electronic claim system
• Ability to Resolve account issues
• Maintain compliance with all company policies and procedures

Qualifications:

• Experience with medical billing, medical collections, CPT coding, ICD-10 coding, and healthcare terminology.
• Must have experience working physician medical claims
• Be a team player and work well with others
• Be dependable, punctual, and professional
• Be organized, efficient, and ethical
• Be computer confident and able to multi-task
• Have the ability to read, understand and follow oral and written instruction
• Coding experience or coding certificate a plus
• E-Clinical works (ECW) experience a plus
• High school diploma or equivalent required.
• Excellent data entry skills with a high degree of accuracy; familiarity with 10 key typing is preferred.
• Knowledge of accounts receivable/payable processes, account reconciliation techniques, and revenue cycle management.
• Analytical mindset with strong problem-solving abilities; capable of performing account analysis and financial data review.

Pay: $20.00 - $23.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Health savings account
• Paid time off
• Vision insurance

Experience:

• Payment Posting: 2 years (Preferred)

Work Location: In person