Payment Posting Specialist

Core responsibilities

• Accurately post payments received from various sources into the EMR system
• Reconcile accounts receivable and accounts payable transactions
• Review medical billing and collection data
• Perform detailed account analysis and financial record maintenance
• Support revenue cycle management by monitoring payments and outstanding balances
• Coordinate with collections teams to resolve account issues
• Respond to patient and insurance inquiries related to payment postings
• Work medical claims and resolve claims issues
• Understand EOBs from insurance companies
• Bill electronic and manual claims
• Work denials from insurance companies
• Understand accounts receivable, aging, CPT, ICD-10, and modifiers
• File appeals for denied or incorrectly paid claims
• Use websites and portals to gather complete insurance data
• Locate insurance policies and communicate with insurance representatives
• Discuss claim processing and account issues with patients
• Use an electronic claim system
• Maintain compliance with company policies and procedures

Qualifications

• Experience with medical billing, medical collections, CPT coding, ICD-10 coding, and healthcare terminology
• Experience working physician medical claims
• High school diploma or equivalent required
• Excellent data entry skills with high accuracy
• Familiarity with 10-key typing preferred
• Knowledge of accounts receivable/payable processes, account reconciliation, and revenue cycle management
• Strong analytical and problem-solving skills
• Ability to read, understand, and follow oral and written instructions
• Coding experience or coding certificate is a plus
• E-ClinicalWorks (ECW) experience is a plus
• Must be organized, efficient, ethical, dependable, punctual, and professional
• Ability to multitask and work well with others

Benefits

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