The Payment Poster is responsible for all aspects of posting payments to accounts receivable (A/R) system.

You will be responsible for:

Understanding payer EOBs including patient responsibilities, contractual, interest amounts, denial/remark codes, etc.

Recognize payments and retractions from all payers and apply the appropriate payment codes, source codes, remark codes, etc. to patient accounts

We�re seeking an exceptional, self-directed and detail-oriented professional with:

• Ability to interpret various payer denial/remark codes into ANSI standard codes for payment posting
• Enter payments and refunds for all payors and business lines in an accurate and timely fashion.
• Ensure proper payment and refund posting based on EOB and bank deposit reconciliation.
• Identifies problems in the payment posting process to prevent future errors.
• Alert the manager/director of any difficulties incurred during the payment posting and reconciliation process.
• Accurately enter payments and refunds for private/federal insurance and HCS payers by adhering to set protocols and guidelines, ensuring proper co-pays, deductibles, co-insurance, and fee schedule adjustments are properly allocated and posted.
• Reconcile payments back to the bank sheet daily, weekly, and monthly.
• Ability to balance all payment batches and identify patient responsibilities, contractual, denials, interest payments, etc. from the EOB
• Identifying and resolving discrepancies on the bank reconciliation sheet.
• Generating necessary reports for each job responsibility.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or abilities

• Payment Posting: 3 years (Required)
• High School Diploma or Equivalent
• Additional coursework in medical billing
• Previous experience with medical/dental billing software systems
• 3-5 years in a fast-paced medical office environment

Preferred Education and Experience:

• College degree preferred - years of experience may be substituted
• Understanding of insurance explanations of benefits (EOBS�s) and basic accounting principles preferred.
• Reconcile bank deposits to ERA & Credit card deposits received
• Scanning EOB�s into system

Must have experience posting payments from:

• Bank Lockbox
• Electronic Remittance Advice
• Credit Card Merchants
• Live patient checks