Description

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:

• Post and reconcile patient payments, adjustments within our billing system.
• Expertly allocate payments and adjustments to the corresponding patient accounts
• Identify and resolve posting discrepancies and billing issues for efficient problem resolution.
• Analyze Explanation of Benefits (EOBs) and remittance advice to identify payment discrepancies.
• Taking prompt and appropriate actions to rectify any issues.
• Proactively monitor and reconcile accounts receivable (AR)
• Ensure timely and accurate payment posting to maintain optimal financial health.
• Collaborate with insurance companies, payers/stakeholders to address payment and reimbursement. 
• Stay up to date with billing guidelines and payer policies to ensure compliance in payment posting.
• Generate insights and analysis of metrics, identifying trends or opportunities for improvement.

Requirements

• High school diploma or equivalent; healthcare administration degree preferred.
• Proven experience in Healthcare Revenue Cycle Management Posting.
• In-depth knowledge of medical billing, coding processes, and reimbursement methodologies.
• Proficient in payment posting and reconciliation using billing software; familiarity with EOBs.
• Strong analytical skills, attention to detail, and accuracy.
• Understanding of medical terminology, CPT, HCPCS, and ICD-10 coding systems.
• Effective communication skills for collaboration with teams and external stakeholders.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced environment.
• Proficient in MS Office applications.

Preferred Qualifications:

• Bachelors or Master's degree in a related field
• 3 years of working in medical payment posting