Revenue Cycle Payment Posting Specialist

POSITION SUMMARY:

The Revenue Cycle Payment Posting Specialist is responsible for the timely and accurate posting of cash and EFT transactions and adjustments, balancing daily manual batches, and assisting with daily reconciliation. Works collaboratively with Revenue Cycle colleagues to ensure provision of work products that meet quality and quantity expectations established by the organization.

Responsibilities:

• Supporting the organization with daily posting and reconciling of deposits.

• Identify the difference between underpayments and overpayments.

• Census correction and/or Adjustment posting as needed.

• Manage credit balances. Process refunds as needed.

• Monthly Bank Reconciliation of deposits and Cash Posting.

• Provide support for team members with posting issues.

• Process credit card payments received (as needed).

• Distribute correspondence to appropriate skilled nursing facilities/team members.

• Performs other duties as requested or assigned.

POSITION REQUIREMENTS:

Skills:

• Computer

• Internet Explorer

• Microsoft (Excel, Word, Outlook)

• EMR software (PCC)

• Clearinghouse software (Inovalon)

• Google Sheets

• Various Payer Portals

Ability:

• Multi-task and work independently.

• Assess and translate organization/customer needs into learning objectives and devise effective training solutions.

• Good communication skills both verbal and written.

Education:

• High School/GED

Knowledge:

• Knowledge of insurance billing and compliance with a high level of problem-solving skills.

• Medical terminology, rules, and regulations relating to the Revenue Cycle.

• Understanding of managed care contracts, insurance and credentialing compliance

Experience:

• 3 years of healthcare accounts receivable experience with expertise in unadjudicated claim management, appeals and pre-collections.

• Knowledge of how to read an EOB and insurance portals.

• Demonstrated ability to develop and train staff on process and procedures.