Payment Posting Specialist

This is a fully remote position, open to applicants in United States.

📋 Description

• Accurately record payments from insurance providers, government programs, and patients into the correct accounts.

• Properly categorize and apply payments according to EOBs, ERA/remittance advice, and patient statements.

• Reconcile payments and adjustments on patient accounts.

• Identify, investigate, and resolve discrepancies in payments.

• Collaborate with accounts receivable and billing teams to address denied or partially paid claims.

• Inform management about underpayments detected during posting.

• Adjust accounts for overpayments, underpayments, or any discrepancies in payments.

• Maintain precise payment records and ensure transactions are processed within set timelines.

• Respond to internal inquiries regarding payment postings and provide timely updates on status.

• Generate and review payment posting reports, offering management insights into payment trends.

• Adhere to HIPAA, healthcare regulations, internal policies, and external mandates.

• Work with accounts receivable, billing, and collections teams to enhance processes and financial reporting.

• Stay updated on healthcare payment system changes, policies, and protocols.

• Meet or surpass the required accounts-per-day targets.

• Maintain payment posting metrics within 72 hours of payment receipt.

⛳️ Requirements

• High school diploma or equivalent required.

• Associate or bachelor’s degree in healthcare, business, or a related field is preferred.

• At least 2 years of experience in healthcare payment posting, billing, or revenue cycle management.

• Proficient in healthcare billing software and electronic payment systems.

• Familiar with insurance payment systems, EOBs (Explanation of Benefits), and remittance advice.

• Prior experience in a mid or large-scale healthcare business office with 100 or more providers is preferred.

• Strong analytical abilities to identify and resolve payment discrepancies.

• Excellent attention to detail and organizational skills.

• Strong written and verbal communication skills.

• Capability to work independently and collaboratively in a fast-paced environment.

• Knowledge of HIPAA regulations and healthcare compliance requirements.

🏝️ Benefits

• Medical, Dental, and Vision Insurance.

• Life Insurance.

• Long and Short-Term Disability.

• Paid Time Off.

• 401(k) with Company Match.