What are the responsibilities and job description for the Payment Application Specialist position at Medical Service Company?
At MSC, we are dedicated to enhancing patient comfort and quality of life with over 75 years of experience and accredited by the Accreditation Commission for Health Care (ACHC).
MSC is a 13 -Time recipient of the prestigious NorthCoast 99 Award as a Top Workplace to work!
MSC is a two-time recipient of the prestigious National HME Excellence Award for Best Home Medical Equipment company in the US.
In addition, MSC is very proud to announce its debut on the Inc. 5000 list in 2024, marking a significant milestone in our company's growth and success!
Join Our Team!
We are excited to announce that we are hiring for a full-time hybrid position. Work in our office location on Tuesdays, Wednesdays, and Thursdays, and enjoy the flexibility of remote work on other days. Benefits included!
Apply today to become a part of our dynamic team!
- Competitive Pay
- Advancement Opportunities
- Medical, Dental & Vision Insurance
- HSA Account w/Company Contribution
- Pet Insurance
- Company provided Life and AD&D insurance
- Short-Term and Long-Term Disability
- Tuition Reimbursement Program
- Employee Assistance Program (EAP)
- Employee Referral Bonus Program
- Social Recognition Program
- Employee Engagement Opportunities
- CALM App
- 401k (with a matching program) / Roth IRA
- Company Discounts
- Payactiv/On-Demand Pay
- Paid vacation, Sick Days, YOU (Mental Health) Days and Holidays
The Payment Application Specialist is responsible for ensuring accurate and timely posting and balancing of cash receipts.
Responsibilities and Duties:
- Posting insurance and third party payor cash receipts resulting from electronic remittance notices (ERNs), bank lockbox receipts, checks received at branches, and other sources, when applicable.
- Maintaining and updating electronic insurance cash posting logs.
- Reviewing and coordinating delivery of explanation of payments (EOPs) required to post cash.
- Researching payments made by but not received from payors.
- Working with other billing department team members to resolve cash posting inconsistencies.
- Completing documentation to receive payments via electronic funds transfer (EFT) and to receive EOPs via ERNs or 835 electronic remittance format.
- Coordinating posting of exceptions with billing team members.
- Providing weekly updates (summary scorecard) to the Billing Manager.
- All other duties as assigned.
Qualifications:
Education: Graduate of an accredited high school or GED equivalence.
Experience/Knowledge/Skills/Physical Requirements:
- Minimum of three years of cash posting experience in healthcare.
- Ability to understand EOPs and other insurance related documentation.
- Experience with navigating payor portals for claim related information.
- Excellent interpersonal and organizational skills (a team player).
- Experience with Brightree HME billing system.
- Experience with Microsoft Office Suite, including Excel.
Pay starts no less than $16.50
Salary : $17
