We are looking for a dedicated Medical Payment Posting Specialist to join our team. The ideal candidate will possess a strong background within revenue cycle, a meticulous approach to problem-solving, and a passion for ensuring accurate and timely payments posting. This role involves working with claims for reconciliation and collaborating with various stakeholders to optimize the revenue cycle.
Responsibilities:
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Post and reconcile patient payments, adjustments within our billing system.
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Expertly allocate payments and adjustments to the corresponding patient accounts
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Identify and resolve posting discrepancies and billing issues for efficient problem resolution.
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Analyze Explanation of Benefits (EOBs) and remittance advice to identify payment discrepancies.
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Taking prompt and appropriate actions to rectify any issues.
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Proactively monitor and reconcile accounts receivable (AR)
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Ensure timely and accurate payment posting to maintain optimal financial health.
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Collaborate with insurance companies, payers/stakeholders to address payment and reimbursement.
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Stay up to date with billing guidelines and payer policies to ensure compliance in payment posting.
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Generate insights and analysis of metrics, identifying trends or opportunities for improvement.
Requirements
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High school diploma or equivalent; healthcare administration degree preferred.
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Proven experience in Healthcare Revenue Cycle Management Posting.
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In-depth knowledge of medical billing, coding processes, and reimbursement methodologies.
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Proficient in payment posting and reconciliation using billing software; familiarity with EOBs.
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Strong analytical skills, attention to detail, and accuracy.
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Understanding of medical terminology, CPT, HCPCS, and ICD-10 coding systems.
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Effective communication skills for collaboration with teams and external stakeholders.
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Ability to multitask, prioritize, and meet deadlines in a fast-paced environment.
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Proficient in MS Office applications.
Preferred Qualifications:
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3+ years of working in medical payment posting